Employee Benefits Services Olathe KS

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Gregory J. Keal (RFC®), CLU
(913) 402-2020
7101 College Blvd.
Overland Park, KS
Insight Financial Services
Years of Experience: 26
Invoice, Estate Planning, Business Planning, Portfolio Management, Trustee Service, Pension Planning, Executive Compensation Planning, Retirement Planning, Seminars Work, Employee Benefits, Family Offices, Mutual Funds, Annuities, Life Insurance, Disability Income Insurance, Long Term Care Insurance, Medical Insurance, Group Insurance, Charitable Planning, Education Plan, Healthcare Accounts, Charitable Foundations, Asset Protection, BuySell, Compensation Plans

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Brooke Insurance
(913) 764-6699
1311 E Santa Fe St
Olathe, KS
Life Health Insurance Resources Inc
(913) 764-5197
14201 S Mur Len Rd
Olathe, KS
Brier Payne Meade Insurance Inc
(913) 402-9576
11960 Quivira Rd
Overland Park, KS
Bearence Management Group
(913) 317-8420
11020 King St., Ste. 350
Kansas City, MO
EasyPay Payroll Solutions
(913) 397-0808
114 N Water St
Olathe, KS
Bob Newton Agency
(913) 782-1818
601 N Mur Len Rd, Ste 21A
Olathe, KS
Arizant Health Care
(913) 780-0933
12855 Century St
Overland Park, KS
Prudential Financial
(913) 327-1060
9225 Indian Creek Pkwy., Ste. 900
Overland Park, KS
The Racing Experience
(913) 322-1205
6878 Martindale Rd.
Kansas City, MO
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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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3550 Embassy Parkway
Akron, OH 44333
330-670-1234 • (FAX) 330-670-0874