Friday, March 24, 2023

Half of Employers Plan to Cut Benefits in 2023

This is from BenefitsPro

"According to a new report from, many U.S. employers are looking to revamp their benefits packages this year. The survey suggests that 95% of leaders are planning to re-examine their strategies, with nearly half of respondents – some 47% – looking to cut back benefits. ...[W]hen leaders were asked about what benefits they planned to cut, top answers included adoption/fertility assistance, commuter benefits, education and wellness resources, health and fitness discounts, and home office stipends."