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EBRI Finds Most Valued Employee Benefits are Based on Workers’ Ages

On January 26, 2023, the Employee Benefit Research Institute (EBRI) released its report, Fast Facts: Which Benefits Are Valued Most Depends on Age of Workers. The report is based on EBRI’s recently released 2022 Workplace Wellness Survey.

The survey found that workers’ attitudes about employee benefits are primarily determined by the age of the employee. Overall, older workers focused on retirement benefits; middle-aged employees reported being concerned about various aspects of their well-being; and younger workers were concerned about their monthly bills, career advancement and student loan debt assistance.

Other key findings include:

• In addition to income and compensation, workers ages 50 to 64 were most likely to value quality health care coverage and quality retirement savings benefits as compared with younger workers;
• Workers ages 35 to 49 highly valued flexibility in work location; and
• Workers ages 21 to 34 highly valued career advancement opportunities.

The report is available here.