Tag Archives: David Evans

Compensation survey offers future employer benefits clues in COVID-19 environment

The emergence of the COVID-19 pandemic has had a massive impact on the U.S. economy and workforce. Millions have been furloughed or laid off, while others have struggled to do their essential jobs or work from home amid limited child care, stay-at-home orders, and social distancing guidelines. Even as the nation slowly gets back to work, the pandemic will undoubtedly have long-lasting effects on the economy, and by extension on employee benefits.

The 14th annual Northwest Benefits Survey—which includes data collected from February to April 2020 from 138 organizations located in Alaska, Idaho, Oregon, and Washington—captured the situation immediately before COVID-19 began affecting the United States. Despite the uncertainty of the moment, the observations from the 2020 Northwest Benefits Survey help clarify some strong trends that will likely have relevance in the future. From the expanded use of telehealth to the increasing importance of wellness benefits, employers may feel a need to reexamine their benefits in order to better support their employees and determine the way forward for their organizations during this global health crisis.

To learn more, read the article “Five key observations from the 2020 Northwest Benefits Survey” by Milliman’s David Evans.

Compensation trends heading into 2020

Offering employees convenience-based benefits and perks is an important strategy employers must consider to attract and retain top talent. This is especially true as costs for healthcare, childcare, and other necessary goods and services continue to rise while salary budgets remain relatively tight. In this article, Milliman’s David Evans highlights the following benefit trends that are likely to continue into 2020 and beyond.