Helping Workers Understand Benefits Most Important To Enrollment Success

Mon Oct 26, 2009 12:38pm EDT
 
[-] Text [+]
COLUMBIA, S.C., Oct. 26 /PRNewswire/ -- Human resource and benefits
decision-makers say helping their employees understand their benefits programs
is the most important aspect of a benefits enrollment. This finding was
revealed in a recent survey conducted by Employee Benefit News magazine and
Colonial Life & Accident Insurance Company.  

Survey results show that 98 percent of human resource professionals say
benefits education is "very important" or "important" to enrollment
effectiveness. Having a consistent enrollment experience for all employees
came in a strong second, rating as very important or important by 95 percent
of respondents.  

"This survey confirms what we already know about enrollments--that benefits
education and communication are critical to employers," says Tom Gilligan,
senior vice president of marketing and branding for Colonial Life.  "Employees
need to first understand their benefits in order to fully appreciate
everything their company is providing.  Improving benefits communications is a
great way to improve workplace satisfaction and retention."

When asked what kind of enrollment administrative support from their benefits
carriers was most helpful, HR professionals cited receiving help with new
hires (53 percent).  Help with carrier feeds and employee profile updates tied
for second, at 38 percent.  

In other key findings, HR professionals rated individual sessions with a
benefits counselor and group meetings as the most effective enrollment tools,
rated as important or very important by 80 percent and 82 percent,
respectively. Web-based enrollments ranked third at 73 percent.  

Surprisingly, employers aren't necessarily using the tools they believe to be
most effective as their primary enrollment method. Survey participants noted
that web-based enrollments were their primary method of enrolling employees
(cited by 38 percent), followed by group meetings (24 percent) and call
centers (20 percent).  Individual sessions with a benefits counselor were the
primary enrollment method for 16 percent of respondents.  

"Employers recognize one-to-one sessions with benefits counselors add real
value, but many employers don't realize they can take advantage of that kind
of service at no cost to the company through a benefits partner," Gilligan
said.  "In today's tough economy, employers should take advantage of all
available resources to get maximum appreciation of the benefits they offer."  
    

Employee Benefit News magazine conducted this online survey of more than 300
human resource and benefits decision-makers in conjunction with Colonial Life
in October.

About Colonial Life
Colonial Life & Accident Insurance Company is a market leader in providing
insurance benefits for employees and their families through their workplace,
along with individual benefits education, advanced yet simple-to-use
enrollment technology and quality personal service. 

Colonial Life offers disability, life and supplemental accident and health
insurance policies in 49 states, the District of Columbia and Puerto Rico.
Similar policies, if approved, are underwritten in New York by a Colonial Life
affiliate, The Paul Revere Life Insurance Company. Colonial Life is based in
Columbia, S.C., and is a subsidiary of Unum Group.

For more information about Colonial Life, call the company at (803) 798-7000
or visit www.ColonialLife.com


SOURCE  Colonial Life

Jeanna Moffett, +1-803-213-5445, jmoffett@ColonialLife.com

 

Featured Broker sponsored link

Editor's Choice

A selection of our best photos from the past 24 hours.  Slideshow 

Most Popular on Reuters

  • Articles
  • Video