Filed Under:Annuities, Variable

Prudential Survey: More Employers Are Eyeing Employee Choice Benefits Packages

Photo credit: tungphoto
Photo credit: tungphoto

More employers are considering or are implementing “employee choice” benefits packages that provide employees with a fixed amount of funds for benefits and that enable employees to select benefits using these funds or their own funds, according to a new study.

Prudential Financial, Newark, N.J. published this finding in a new survey, “The future of Retirement and Employee Benefits: Finance Executives Share their Perspectives,” which examines strategies employers are pursuing to address the rising costs of benefits programs while providing employees with the best benefits possible. Conducted on behalf of Prudential by CFO Research Services, a unit of CFO Publishing LLC, New York, the study polled 108 senior finances executives.

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Nichole Morford

Nichole Morford
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