Employee Benefits Services Fargo ND

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 Fargo, ND that can help answer your questions about Employee Benefits Services.

Farmers Insurance Larson Agency
(701) 235-6409
1815 S University Dr
Fargo, ND
Northwestern Mutual - Patrick Gores
(701) 232-7175
Po Box 9378
Fargo, ND
Healthcare Concepts
(701) 271-8828
100 16th St N
Fargo, ND
Warner and Company Insurance
(701) 237-6414
318 Broadway N
Fargo, ND
Assurant Employee Benefits Group Sales Office
(800) 328-0153
6600 France S, Ste 31
Fargo, ND
Medica Commercial Sales
(701) 293-4700
1711 Gold Dr S, Ste 210
Fargo, ND
Health Quote Services
(701) 280-1598
1301 30th Av S, Ste 102
Fargo, ND
E E Dorsett & Associates Inc
(701) 232-6850
112 University Dr N, Ste 115
Fargo, ND
Dawson Insurance
(701) 237-3311
721 1st Av N
Fargo, ND
Northwestern Mutual - Patrick Gores
(701) 232-7175
Po Box 9378
Fargo, ND

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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