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Additionally, millennials lead all age groups in their use of artificial intelligence (AI), with 30% using the tools for benefits guidance.; ;Despite 80% of survey respondents saying it’s important to have a financial advisor when selecting and managing benefits, only 20% actually consult one during open enrollment.; ;40% of employees lack confidence in their understanding of voluntary benefits.

The act was intended to dis- courage financial fraud and better align executive compensation with corporate results.

The FTC also estimates that 1 in 5 employees are under a noncompete at work — that's approximately 30 million people. ; The U.S.

Start Early It is important that employees already have a full understanding of the available benefits package, said Di Holman, chief people officer at Virgin Pulse, especially if new programs have been added or changes have been made.

Recent proxy disclosures gathered by Main Data Group Inc. suggest that more than 60% of publicly traded companies use compensation peer groups for benchmarking purposes.

After schooling ends, loans must typically be repaid within 10 to 30 years, creating a long-lasting debt that may stifle the amount of money that loanees can contribute to retirement accounts.

One study found that while employees had been provided information at onboarding, they often knew very little about the type of retirement plan that covers them and the value of this benefit.

Additionally, Alight’s 2024 International Workforce and Well-Being Mindset study found 30% of surveyed employees said they didn’t use one or more well-being program components because they weren’t personally relevant.

Despite the rollback, McDonald’s reported 30% of its U.S. leaders are members of underrepresented groups, up from 29% in 2021; it achieved gender pay equity at all levels of the company; and it met its goal of having 25% of total supplier spending go to diverse-owned businesses.

.; ;60% of respondents would go to a primary care provider, doctor or hospital farther away from their homes if it would lower their healthcare costs.; “The survey indicates that rising costs lead to Americans not accessing the care they need or leaving their place of employment to find affordable health benefits,” Jeff Bak, the CEO and president of Imagine360, said in a statement.