54% of large US employers covered IVF in 2022—up from 36% in 2015. The successful adoption of family-building benefits set a new precedent for the kinds of benefits employers offer to their workforces. Today, only 59% of global employees acknowledge that their current benefits align with their needs and 40% of employers say workers leave their current jobs for a role with better benefits.
In 2024, we’ve seen firsthand, the world’s leading companies expanding their benefit strategies to meet the evolving needs and expectations of their employees. Doing so, allows them to compete for top talent, foster employee loyalty, boost workplace productivity, lower costs, and maximize ROI—all key to driving long-term success of a business.
Top Family Well-Being Solutions in 2024
of employees would stay at their company longer with access to fertility and family-building benefits
of women reported taking time off due to menopause symptoms—18% for eight weeks or more
of organizations currently offer coverage for maternal care to improve outcomes for Black women, and 20% are considering adding such coverage
of parental support needs are still unmet by employer benefits and health plans
“Partnering with WIN to provide a comprehensive and inclusive program designed to help support our employees with family building and healthy aging reflects our commitment to fostering a workplace where employees feel supported in their personal journeys. WIN excels in providing comprehensive support for our employees with a high degree of care and guidance.”
— Head of Compensation & Benefits—Americas Region, Siemens Energy
As Gen Z enters the workplace, Gen Y millennials are building or postponing building families, and Gen X is juggling work and caregiving responsibilities.
This paradigm shift in employee expectations is one of many driving forces behind the demand for change in benefit solutions. It aligns with the ongoing transition to multi-generational workforces and the heightened competition among organizations vying for top talent, leading employees across all industries to seek benefits that support all stages of life.
The ROI of Supporting Employees Through All Stages of Life
Compensation alone doesn’t build the kind of engagement, sense of belonging, and drive ROI the way a well-designed benefit program can. Discover everything your clients need to know about how their current benefit strategy supports their employees—or falls short.
discover more employee benefit data your clients can’t afford to miss
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