Category Archives: Benefits

Demographics Affect Your Benefits

demographicsAs we approach the end of the year, it’s time for open enrollment. If you’re like me, you’re anxiously waiting for your HR department to reveal the new benefits package for 2013. Will your benefits improve? Are costs going to go up? I’m particularly anxious this year because for the first time, the HR department issued a benefits feedback survey to the employees. And since they used the same survey platform that the rest of the company uses, you can easily go in and look at the results.

And the results are largely not in my favor. My company started out as a few recent grads who had brilliant engineering minds. As the company grew, they looked for their kind of people – more young nerds. When I joined the company just over four years ago, well over half the employees were in their 20′s. But for a company to grow and compete in the business world, you need to bring in more experienced people. Over the past two years, the demographics of the company have shifted dramatically.
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