{"id":270794,"date":"2023-01-23T12:12:41","date_gmt":"2023-01-23T17:12:41","guid":{"rendered":"https:\/\/www.oviahealth.com\/?p=270794"},"modified":"2023-01-23T12:12:45","modified_gmt":"2023-01-23T17:12:45","slug":"benefits-report-roundup","status":"publish","type":"post","link":"https:\/\/www.oviahealth.com\/blog\/benefits-report-roundup\/","title":{"rendered":"Family benefits are more important than ever \u2014 and your employees probably aren\u2019t satisfied"},"content":{"rendered":"\n

Do you know what your employees really think about their benefits? Employees\u2019 needs and expectations are constantly changing, so it can be hard for their employers to keep up. That\u2019s why Ovia Health conducts an annual Future of Family Friendly Benefits survey<\/a>. This year, we asked more than 1,500 working parents which benefits matter most, and where their employers are falling short. <\/p>\n\n\n\n

Overwhelmingly, working parents told us that they are not getting the support they need. Fifty five percent said their employers aren\u2019t family-friendly enough. In fact, more than half gave their employer an overall grade of C or lower. <\/p>\n\n\n\n

For employers, this is a wakeup call \u2014 not just because there\u2019s lots of room for improvement, but because family-friendly benefits matter more than ever for employee retention.\u00a0<\/p>\n\n\n\n

Family benefits are here to stay \u2014 and they\u2019re more important than ever for retention\u00a0<\/h2>\n\n\n\n

Among the employees we surveyed, nearly everyone (96.5 percent) told us that family benefits are a top priority. That\u2019s a 24 percent year-over-year increase<\/em> \u2014 a clear indicator that family health benefits weren\u2019t just a passing, pandemic-inspired fad. These days, employees expect benefits that support them from fertility through their return to work and far beyond.<\/p>\n\n\n\n

And better family benefits aren\u2019t an optional perk. More than ever, employees are willing to take action to get them. Ninety-one percent of respondents said they would at least consider a lateral move to another company with better family benefits and a family-friendly culture.<\/strong> That\u2019s up 2 percent year-over-year, suggesting that even in an uncertain economy, solid benefits can outweigh the security of a long-term job.<\/p>\n\n\n\n

Our survey also suggests that family benefits will become more important in coming years. At the height of the pandemic, many people held off on expanding their families. But this year, 68 percent of our respondents were new, first-time parents. These numbers show that people are turning their attention back to family-building. As more employees expand their families, the demand for women\u2019s health, fertility, and maternity care management benefits will continue to grow.<\/p>\n\n\n\n

Survey details: the family benefits that matter most to working parents<\/h2>\n\n\n\n

Our survey dug deep to find out how employees feel about their benefits, what they really need, and how employers can do better.<\/p>\n\n\n\n

One finding was particularly surprising. Employees often don\u2019t know enough about their benefits to make the most of them:<\/p>\n\n\n\n