Report

SHIFTING PRIORITIES - Understanding and meeting the needs of the modern employee with the right benefits

SHIFTING PRIORITIES - Understanding and meeting the needs of the modern employee with the right benefits

Pages 10 Pages

ADP’s 2023 Employee Benefits Survey of 53,000+ workers reveals a significant shift in benefit preferences. Medical insurance remains the top priority (82%), followed by rising interest in retirement savings (60%) and mental health coverage. Over half of employees prefer lower premiums even with higher out-of-pocket costs. Many lack savings for unexpected expenses, prompting demand for HSAs, FSAs, and financial education. Web and mobile tools are preferred for benefits info. Offering personalized, accessible, and holistic benefits is key to engagement, retention, and long-term workforce satisfaction.

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