Employee Benefits Services Billings MT

This page provides relevant content and local businesses that can help with your search for information on Employee Benefits Services. You will find informative articles about Employee Benefits Services, including "Trends in Employee Benefits". Below you will also find local businesses that may provide the products or services you are looking for. Please scroll down to find the local resources in Billings, MT that can help answer your questions about Employee Benefits Services.

Allegiance Benefit Plan Management
(406) 252-3484
490 N 31st St, Ste 100
Billings, MT
Groshelle Investments & Life Ins
(406) 252-7188
1004 Division St.
Billings, MT
David Blackman Insurance Agency Inc
(406) 248-5547
1132 Central Ave
Billings, MT
Employee Benefit Management Services Inc
(406) 245-3575
2075 Overland Ave
Billings, MT
Affiliated Medical Agency
(406) 252-3529
1324 O Malley Dr
Billings, MT
A Treasured Friend Pet Crematory & Monument Co
(406) 252-3320
313 N 34th St
Billings, MT
MetLife Joe Lowther
(406) 672-5593
2501 4th Ave N
Billings, MT
Tronson Agency
(406) 652-4422
1460 17th Street West
Billings, MT
Rocky Mountain Insurance Brokers Inc
(406) 655-1711
2619 Saint Johns, Suite B
Billings, MT
Don Lillis State Farm Insurance
(406) 252-1915
1948 Grand Ave
Billings, MT

Trends in Employee Benefits

Not surprisingly, the insecurity about the future of the global economy is affecting employers’ benefits offerings.

According to a recent study by the Society for Human Resource Management (SHRM), uneven economic growth and related uncertainties about the nation’s fiscal health are having an impact on benefits offerings.

As fewer employers offer defined-benefit pension plans and more are using other savings plans, they continue to shift more of the cost burden to their employees. Other benefits offerings that have taken a hit include employee services, like mentoring programs and professional development opportunities, and housing and relocation benefits.

Employers are watching their bottom lines more attentively, and the variety of benefits offerings has changed with slow-growth. In 2011, 77 percent of HR professionals said their employee benefits offerings were negatively affected by the economy, according to the SHRM 2011 Employee Benefits Research Report. That is a 5 percent increase from 72 percent in 2010. Employers have kept the foundational benefits of paid holidays, life insurance, prescription drug program coverage and dental insurance, while reducing other health-care-related offerings such as long-term care insurance, health maintenance organization plans and retiree health coverage.

The most interesting aspect of these results is the effect on job satisfaction. In both 2009 and 2010, 60 percent of respondents cited benefits as a “very important” factor when ranking elements that contribute to their job satisfaction. That trend changed in 2011, only 53 percent of respondents cited benefits as very important for job satisfaction. Other factors deemed more significant were job security (62 percent), opportunities to use skills/abilities (60 percent), compensation/pay (59 percent) and relationship with immediate supervisor (55 percent).

Because employees are receiving fewer offerings or pa...

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