STUDY OF EMPLOYEE BENEFITS: 2006 & BEYOND - Prudential

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