Monday, August 4, 2008

SimCo Services - The 6th Annual Metlife Study of Employee Benefits Trends

SimCo Services
2829 W. Henrietta
Rochester, NY 14623
http://www.simcoservices.com/


SimCo Services has always put customer service and education as integral parts of our customer relations process. In fact, at the core of our Group Benefits firm is the belief that empowering business owners to make good choices about their benefit structure will inevitably promote their employees mental, physical, and financial well being. Moreover our philosophy is that this well being will then translate into increased productivity and loyalty.

Recently, Metlife published their 6th Annual Study of Employee Benefits Trends affirming these core beliefs of SimCo Benefits and also the trends seen and experienced by our company in the last year. In the study researchers discussed that:

1.) Employees demand for personal financial and benefits advisors has dramatically increased in the past year and is at a 4 year high.


This increase in demand is attributed to the new era of personal responsibility that has begun in America.


2.) The second leading indicator of employee “loyalty” was Benefits


Companies that support their employees through benefits choices are much better positioned to keep talented workers

3.) The study goes on to explain that 73% of employers polled anticipate increasing their spending on benefits over the next 5 years.


This anticipate is attributed to the aging baby boomers

Each of the pieces discussed in the Metlife study help to paint a picture of a changing market place where knowledge is overwhelmingly important. At SimCo Services our focus is and has always been on empowering our clients through the dissemination of credible knowledge and advice. We believe firmly in the mantra that "knowledge is power" and for this reason we stand by our clients and their employees through these changing times.

If you would like more information about how we at SimCo Services can help to provide information to your employees about benefits or how we can help to make your company's benefits offering stronger please feel free to e-mail us at: info@simcoservices.com or call us at: (585) 750-3246 Ext: 102

The SimCo Team

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