Hiring Millennials? Make Sure You’re Meeting Their Technology Expecations
The use of technology is revolutionizing the way we do business and young professionals have come to expect it. The practical use of technology in the employee benefit space is evolving, and in many ways, millennials are in the driver’s seat. With Increased regulation, unsustainable medical cost increases, and an evolving workforce it’s easy to see why more employers and employees are craving more technological solutions.
Millennials have been raised on computers. They tend to be early adopters of technology, and perhaps more importantly, they expect technology to make their work and life more interesting.
From an employer’s perspective, the employee benefits world is growing in complexity. Demand on HR professionals has increased due to ACA reporting requirements, so much that manual reporting just isn’t an option anymore. Everyone is looking for a technology solution that is able to be customized to meet their needs and cause as little disruption as possible.
Demographic make-up of the workforce is changing, too. There once was a time where paper enrollment was the norm. While it is still common with many small employers, those times are changing. Millennials are set to be the largest generation in the workforce and their expectation is automation. The use of mobile devices coupled with the increase in benefit offerings to include voluntary products has only amplified the matter. This drive for automation can either produce a huge headache or a much more efficient HR team. A fundamental shift in the way benefits are being delivered is underway and employers need to be ready for the shift.
At Van Beurden Insurance Services we offer customized technology solutions. Our goal is to make our clients’ lives easier and their employees happier.
For more information about how these solutions can benefit your organization, please reach out.