Employer Research

March 27, 2024

Robotics and artificial intelligence are megatrends revolutionizing the business world, but human workers are critically needed. In today’s dynamic, post-pandemic environment, many employers are feeling the pain of a prolonged labor crunch. They are engaging in an intense competition for talent. Employers and HR professionals must tune into the employee experience and dial into employees' unique needs. The plethora of opportunities for workplace transformations range from fostering a diverse and inclusive company culture, challenging workplace ageism, offering retirement benefits such as 401(k)s, and supporting mental health and flexibility at work.

This report showcases employers' perspectives on workforce management strategies, business practices, and employee benefit offerings – and ultimately, underscores insights for gaining a competitive edge in the future of work. It also offers recommendations for employers and policymakers, and opportunities for improving retirement policy through the SECURE 2.0 Act of 2022.  

Based on a 2023 survey of more than 1,800 for-profit U.S. employers with one or more employees, this report offers statistics by company size, including small (less than 100 employees), medium (100 to 400 employees), and large companies (500 or more employees). It also includes relevant comparisons from a survey of more than 5,700 workers in for-profit companies. 

May 2, 2023

Employers are adapting to the future of work while navigating a turbulent economy, competitive labor market, and evolving workplace trends. Employers feel responsible for helping their employees with professional development, work-life balance, mental health, long-term health and well-being, and retirement security. However, few employers are reflecting this sense of responsibility in actual benefit offerings and business practices. This research report examines employers’ benefit offerings, identifies employees unmet needs, and outlines recommendations such as best practices for the multigenerational workforce and changes to retirement savings plans from the SECURE 2.0 Act of 2022. 

This report is based on a 2022 survey of more than 1,800 for-profit U.S. employers with one or more employees and offers analysis by company size, including small (less than 100 employees), medium (100 to 400 employees), and large companies (500 or more employees). It also includes relevant comparisons from a survey of 5,700 workers in for-profit companies. 

August 16, 2022

Employers are navigating post-pandemic realities and adapting to the evolving needs of employees. This research report examines the impacts of the pandemic on employers and their current HR-related business practices for a multigenerational workforce, health and welfare benefits, and retirement benefits. It offers recommendations for employers on emerging benefit offerings and business practices such as fostering an age-friendly work environment to further their DE&I efforts. 

This report is based on a 2021 survey of more than 1,800 for-profit U.S. employers with one or more employees and offers comparisons by company size, including small (less than 100 employees), medium (100 to 499 employees), and large companies (500 or more employees). It also includes relevant comparisons from TCRS’ most recent survey of more than 5,000 workers in for-profit companies. 
          

June 8, 2021 

Employers play a vital societal role by providing employment, work experience, employee benefits, and the ability for workers to save and invest for a secure retirement. This report examines the pandemic's impact on employers across company, their response, and timely opportunities. A strong employee benefits package, including retirement benefits, health insurance, workplace wellness programs, and caregiver support, can create a win-win situation for employers and their employees. Especially now, as our nation is emerging from the pandemic, employers need support from policymakers to continue paving the way for their recovery and to make it as easy as possible to enhance their business practices and expand their benefits offerings.  
          
The 2020 survey asked 1,903 employers with one or more employees, what their companies are doing differently amid the coronavirus pandemic to support their employees' health, financial security, and general well-being. Below is a curation of their verbatim responses. Click to expand image. 

December 23, 2020

Employers tremendously influence workers’ ability to achieve a financially secure retirement. This report examines employers' role in offering retirement benefits, creating a welcoming environment for workers of all ages, fostering work-life balance, and adopting business practices and that enable people to work, save, and transition into retirement. Based on a late 2019 survey of more than 1,800 for-profit U.S. employers with five or more employees and offers company-size segmentation across small (less than 100 employees), medium (100 to 499 employees), and large companies (500 or more employees).