To attract and retain talent in a tight labor market while helping employees address ever-climbing healthcare and other costs, U.S. employers are pursuing innovative ways to improve their comprehensive employee benefit plans with additional wellness benefits, according to the Goldman Sachs Ayco 2023 Benefits & Compensation Trends in Corporate America Report.
View the Goldman Sachs Ayco 2023 Report
Following open enrollment last year, our Benefits & Compensation team analyzed the benefits offered at 400 companies where we provide corporate-sponsored financial counseling. The most common themes that emerged for 2023 are: inflation-driven cost control; and diverse and equitable benefits for retention and recruiting. These trends build on findings from our 2022 analysis, which showed a focus on expanding mental and financial health benefits adding a diverse mix of voluntary benefit programs and expanding family planning and caregiver benefits.
In this report, we cover trends around:
- How companies are helping employees battle inflation
- Voluntary and ancillary benefits offerings
- Updates to paid leave policies
- Non-qualified deferral plan design
Read the full report for our 2023 insights.
