STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential
STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential
STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential
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The Progressives<br />
A Small But Growing Segment<br />
of Plan Sponsors<br />
Companies approach benefits differently. There is no one “rule” for<br />
success. Gauging employees’ needs and contributions to the company,<br />
the competitive environment, and the ability to subsidize expenses must<br />
all be carefully weighed to tune a benefit program. To effectively meet each<br />
firm’s goals, understanding the breadth of approaches can be helpful in<br />
developing a business strategy.<br />
5<br />
From the study participant responses, a continuum of plan sponsor<br />
“progressiveness” in terms of vision and strategy was developed to serve<br />
as a starting point for plan sponsors in gauging the relative orientation<br />
of their firm toward employee benefits as a strategy for attracting and<br />
retaining talent.<br />
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