Report: HR Department Execs Spend 50% of Work Day Coordinating Employee Benefits

According to a recent survey conducted by Vantage Risk Management, company execs say that their HR Department devotes over 50% of their workday to coordinating employee benefits.

The vast majority of the survey respondents (65%) reveal that their company does not conduct a comprehensive employee analysis, including a survey, to monitor employee satisfaction with the company’s current benefits package.

Survey respondents also state that over one-half (65%) of their company’s annual corporate budget is dedicated to employee benefits. 

This survey was conducted by Vantage Etc. with its affiliates, Vantage Energy and Vantage Risk Management.  The company is best known for providing innovative business solutions to over 3,000 clients including leading Fortune 500 corporations, medium-sized and small businesses, and not-for-profits throughout the US and across the globe. 

Vantage Risk Management offers technology-driven solutions for building the best benefits packages for multinational companies, like Burger King, Five Guys, White Plains Hospital, and the City of Yonkers, as well as medium and small businesses. Throughout its various lines of service, Vantage Risk Management evaluates all aspects of its client’s business to create solutions and strategies that maximize savings and drive growth.  

For more information, contact Vantage Risk Management,  www.vantagetc.com