4 Strategies to Make Open Enrollment Better
Dec 2, 2021 9:00 AM ET
Campaign: Duckprints in the Workplace
Originally published on Employee Benefit News
It’s no secret that employees don’t love open enrollment. The annual task of selecting benefits can feel more like a nuisance than an opportunity to find support systems and benefits offered by an employer. But that’s a missed opportunity for businesses and their workers.
According to Aflac’s 2020-2021 Workforces report, 93% of employees pick the same benefits each year rather than choosing new options. And according to a survey from Voya, 35% of workers don’t fully understand the benefits they sign up for. That can lead to low utilization — and wasted dollars.