2023 Employee Benefits State of the Market Mid-Year Report

2023 Employee Benefits State of the Market Mid-Year Report

For employee benefits, in an evolving employment landscape, every year it seems that employees expect more perks and benefits, and employers have had to find strategies to contain these costs in light of inflationary pressures. With necessity being the mother of invention, in 2023 we are seeing more employers leverage cost-containment strategies and technological advancements to offer benefits that keep employees satisfied while reining in the costs.

The need to balance cost containment with an ever-growing list of employee needs is not just creating challenges for employers. It is also generating opportunities for employers to rethink elements of their entire “work sphere” in order to rein in costs, improve profitability, increase efficiency, drive productivity, enhance competitiveness, and keep employees satisfied.

In this report, you will get a more in-depth look at both emerging and entrenched insurance trends, significant market drivers, the impact on rates, and recommendations for how stakeholders in this marketplace can effectively move forward.

Download the 2023 Employee Benefits State of the Market Mid-Year Report


Comments are closed.

Table of Contents

Recents Post
June Pulse
June 2024 The Pulse Newsletter
Golf cc hospitality state of the market
Hospitality, Golf, and Country Club Market Update
Heat Related webpage
Heat Illness and Workers' Safety Precautions

This document is intended for general information purposes only and should not be construed as advice or opinions on any specific facts or circumstances. The content of this document is made available on an “as is” basis, without warranty of any kind. Baldwin Risk Partners, LLC (“BRP”), its affiliates, and subsidiaries do not guarantee that this information is, or can be relied on for, compliance with any law or regulation, assurance against preventable losses, or freedom from legal liability. This publication is not intended to be legal, underwriting, or any other type of professional advice. BRP does not guarantee any particular outcome and makes no commitment to update any information herein or remove any items that are no longer accurate or complete. Furthermore, BRP does not assume any liability to any person or organization for loss or damage caused by or resulting from any reliance placed on that content. Persons requiring advice should always consult an independent adviser.

Baldwin Risk Partners, LLC offers insurance services through one or more of its insurance licensed entities. Each of the entities may be known by one or more of the logos displayed; all insurance commerce is only conducted through BRP insurance licensed entities. This material is not an offer to sell insurance.

Get in contact with an advisor today to see how BKS can support you.