Workers are willing to sacrifice pay for better retirement benefits, but not for healthcare

Most U.S. workers are willing to swap their pay for greater retirement benefits, but far fewer would trade off pay for better healthcare coverage, a Willis Towers Watson (WTW) survey emailed to HR Dive shows. The "2017 Global Benefits Attitudes Survey" found that 66% of respondents would make higher monthly payments for more generous retirement benefits, and 61% would exchange more pay for a guaranteed retirement benefit. In other results, just 38% of respondents would pay more each month for a better healthcare plan, and 46% would be willing to spend more money for lower, more predictable health care costs.

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Are you worried about the unintended consequences of AI? ChatGPT and other generative AI software will forever change the landscape of work. How should your organization engage with GenAI to benefit the business while maintaining security and privacy? Exactly where AI will take us may be uncertain, but you can navigate it intell


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Spotlight

Are you worried about the unintended consequences of AI? ChatGPT and other generative AI software will forever change the landscape of work. How should your organization engage with GenAI to benefit the business while maintaining security and privacy? Exactly where AI will take us may be uncertain, but you can navigate it intell

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