CHATTANOOGA, Tenn.--(BUSINESS WIRE)--
A recent study commissioned by Unum (NYSE: UNM) and conducted by Harris
Interactive shows a clear connection between how well employees
understand their benefits and how engaged and motivated they are at work.
"For employers, this research offers a simple answer to the question of
how to get the best return on the time and money they put into building
an employee benefits plan: A quality benefits education experience makes
all the difference," said Bill Dalicandro, vice president of Enrollment
for Unum.
The survey of more than 1,100 employed adults reveals that employees who
receive quality benefits education are more likely to feel valued by
their employer, have a positive perception of their company, and say
they are more likely to stay with their employer even if they were
offered the same pay and benefits elsewhere.
"People are the lifeblood of any successful business, and in this
challenging economy employers are more focused than ever on ensuring
their workforce feels valued," said Mike Simonds, senior vice president
for Unum. "This research really reinforces the importance of
communicating clearly and effectively with employees about their
benefits choices, especially at a time when they are being asked to take
responsibility for so many of these decisions."
In the survey, five key measures of workplace satisfaction were
significantly higher when employees had a quality benefits education.
But the research also reveals plenty of room for improvement -- one in
four (24%) employees who were asked to review benefits in the past year
said their benefits education was only fair or poor.
The research also offers some clear evidence of what makes an effective
benefits education plan. The key is offering enough time to review
benefits choices and information, as well as a variety of communications
methods.
Employees who had more than three weeks to review benefits education
materials were far more likely to say that they had enough time to make
informed decisions. And using at least three different forms of
communication (such as meetings, printed materials, and website tools)
ensures the materials will reach employees with various learning styles.
"Offering workers adequate time and the right tools to understand and
choose their benefits is a critical element of effective benefits
education," Dalicandro said.
Even if employees don't have a particularly good benefits package, a
quality benefits education experience makes them dramatically more
likely to consider their employer a very good place to work, the
research shows.
And when it comes to the benefits options employees are offered,
research also reveals that making voluntary benefits part of the picture
is another way to increase employee satisfaction with their benefits.
"Today's workplace includes employees from four generations and a host
of ethnic backgrounds who have disparate views on gender and family
roles," Dalicandro said. "This survey shows that employees place high
value on having a choice of coverage so they can pick the benefits that
are right for them based on their stage of life and personal
circumstances."
About Unum
Unum (www.unum.com)
is one of the leading providers of employee benefits products and
services, and the largest provider of group and individual disability
insurance, in the United States. Through its subsidiaries, Unum paid $6
billion in total benefits to customers in 2008.
About the Harris Interactive Survey
The survey results are based on the responses of 1,122 employed adults
interviewed in December, 2008 using the HarrisInteractive Online Panel
(national sample). Results have been weighted to correctly represent
employees by age and region.
About Harris Interactive
Harris Interactive is a global leader in custom market research. With a
long and rich history in multimodal research that is powered by our
science and technology, we assist clients in achieving business results.
Harris Interactive serves clients globally through our North American,
European and Asian offices and a network of independent market research
firms. For more information, please visit www.harrisinteractive.com.
Source: Unum
Contact: Unum
MC Guenther or Mary Fortune, 423-294-6300
Toll free: 866-750-8686