In 2023, employers are seeking a balance between offering competitive benefits and managing their costs. Looking forward, they must use a strategic approach to help maximize value for their employees.

Encompassing 1,300+ employers across diverse industries and group sizes, the 2023 Lockton National Benefits Survey revealed consistent findings:

• Employers are actively seeking methods to manage short-term costs caused by economic pressures and escalating benefit costs.

• Employers want to make long-term investments in their people to provide value and potentially reap cost advantages in the future.

To gain further insights into the 2023 survey findings, you can access the executive summary here (opens a new window).