{"id":936,"date":"2019-08-21T19:17:16","date_gmt":"2019-08-21T19:17:16","guid":{"rendered":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/?post_type=chapter&#038;p=936"},"modified":"2024-04-25T01:32:33","modified_gmt":"2024-04-25T01:32:33","slug":"introduction-to-benefits-and-benefit-trends","status":"publish","type":"chapter","link":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/chapter\/introduction-to-benefits-and-benefit-trends\/","title":{"raw":"Introduction to Benefits and Benefit Trends","rendered":"Introduction to Benefits and Benefit Trends"},"content":{"raw":"<h2>What you'll learn to do:\u00a0Discuss benefits and benefit trends<\/h2>\r\nCompensation\u2014and employee expectations\u2014doesn\u2019t end with a paycheck. And the technology, generational and competitive market trends that are impacting other aspects of human resource management are evident in the benefits area as well. In fact, HR compliance firm XpertHR identifies \u201coffering the right employee benefits\u201d as one of the \u201cTop 10 HR challenges of 2019.\u201d[footnote]Mucha, Rachel. \"<a href=\"https:\/\/www.hrmorning.com\/articles\/benefits-package-future\/\" target=\"_blank\" rel=\"noopener\">A 2020 Vision: Is Your Benefits Package Ready for the Future?<\/a>\" HR Morning. February 13, 2019. Accessed August 22, 2019.[\/footnote] In this section, we\u2019ll discuss employee benefits and future benefit trends.\r\n\r\n<img class=\"aligncenter size-large wp-image-982\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/4056\/2019\/08\/21232806\/tuesday-temptation-WFe96xvzmI8-unsplash-e1566430116619-1024x481.jpg\" alt=\"Photograph of a long arrow pointing right. The arrow is roughly painted on a textured surface.\" width=\"1024\" height=\"481\" \/>","rendered":"<h2>What you&#8217;ll learn to do:\u00a0Discuss benefits and benefit trends<\/h2>\n<p>Compensation\u2014and employee expectations\u2014doesn\u2019t end with a paycheck. And the technology, generational and competitive market trends that are impacting other aspects of human resource management are evident in the benefits area as well. In fact, HR compliance firm XpertHR identifies \u201coffering the right employee benefits\u201d as one of the \u201cTop 10 HR challenges of 2019.\u201d<a class=\"footnote\" title=\"Mucha, Rachel. &quot;A 2020 Vision: Is Your Benefits Package Ready for the Future?&quot; HR Morning. February 13, 2019. Accessed August 22, 2019.\" id=\"return-footnote-936-1\" href=\"#footnote-936-1\" aria-label=\"Footnote 1\"><sup class=\"footnote\">[1]<\/sup><\/a> In this section, we\u2019ll discuss employee benefits and future benefit trends.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-large wp-image-982\" src=\"https:\/\/s3-us-west-2.amazonaws.com\/courses-images\/wp-content\/uploads\/sites\/4056\/2019\/08\/21232806\/tuesday-temptation-WFe96xvzmI8-unsplash-e1566430116619-1024x481.jpg\" alt=\"Photograph of a long arrow pointing right. The arrow is roughly painted on a textured surface.\" width=\"1024\" height=\"481\" \/><\/p>\n\n\t\t\t <section class=\"citations-section\" role=\"contentinfo\">\n\t\t\t <h3>Candela Citations<\/h3>\n\t\t\t\t\t <div>\n\t\t\t\t\t\t <div id=\"citation-list-936\">\n\t\t\t\t\t\t\t <div class=\"licensing\"><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Original<\/div><ul class=\"citation-list\"><li>Introduction to Benefits and Benefit Trends. <strong>Authored by<\/strong>: Nina Burokas. <strong>Provided by<\/strong>: Lumen Learning. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/licenses\/by\/4.0\/\">CC BY: Attribution<\/a><\/em><\/li><\/ul><div class=\"license-attribution-dropdown-subheading\">CC licensed content, Specific attribution<\/div><ul class=\"citation-list\"><li>Just follow the arrows. <strong>Authored by<\/strong>: Tuesday Temptation. <strong>Provided by<\/strong>: Unsplash. <strong>Located at<\/strong>: <a target=\"_blank\" href=\"https:\/\/unsplash.com\/photos\/WFe96xvzmI8\">https:\/\/unsplash.com\/photos\/WFe96xvzmI8<\/a>. <strong>License<\/strong>: <em><a target=\"_blank\" rel=\"license\" href=\"https:\/\/creativecommons.org\/about\/cc0\">CC0: No Rights Reserved<\/a><\/em>. <strong>License Terms<\/strong>: Unsplash License<\/li><\/ul><\/div>\n\t\t\t\t\t\t <\/div>\n\t\t\t\t\t <\/div>\n\t\t\t <\/section><hr class=\"before-footnotes clear\" \/><div class=\"footnotes\"><ol><li id=\"footnote-936-1\">Mucha, Rachel. \"<a href=\"https:\/\/www.hrmorning.com\/articles\/benefits-package-future\/\" target=\"_blank\" rel=\"noopener\">A 2020 Vision: Is Your Benefits Package Ready for the Future?<\/a>\" HR Morning. February 13, 2019. Accessed August 22, 2019. <a href=\"#return-footnote-936-1\" class=\"return-footnote\" aria-label=\"Return to footnote 1\">&crarr;<\/a><\/li><\/ol><\/div>","protected":false},"author":17,"menu_order":11,"template":"","meta":{"_candela_citation":"[{\"type\":\"original\",\"description\":\"Introduction to Benefits and Benefit Trends\",\"author\":\"Nina Burokas\",\"organization\":\"Lumen Learning\",\"url\":\"\",\"project\":\"\",\"license\":\"cc-by\",\"license_terms\":\"\"},{\"type\":\"cc-attribution\",\"description\":\"Just follow the arrows\",\"author\":\"Tuesday Temptation\",\"organization\":\"Unsplash\",\"url\":\"https:\/\/unsplash.com\/photos\/WFe96xvzmI8\",\"project\":\"\",\"license\":\"cc0\",\"license_terms\":\"Unsplash License\"}]","CANDELA_OUTCOMES_GUID":"d912a668-16a5-466a-9c3e-883d18651b6e","pb_show_title":"on","pb_short_title":"","pb_subtitle":"","pb_authors":[],"pb_section_license":""},"chapter-type":[],"contributor":[],"license":[],"class_list":["post-936","chapter","type-chapter","status-publish","hentry"],"part":926,"_links":{"self":[{"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/pressbooks\/v2\/chapters\/936","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/pressbooks\/v2\/chapters"}],"about":[{"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/wp\/v2\/types\/chapter"}],"author":[{"embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/wp\/v2\/users\/17"}],"version-history":[{"count":6,"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/pressbooks\/v2\/chapters\/936\/revisions"}],"predecessor-version":[{"id":2012,"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/pressbooks\/v2\/chapters\/936\/revisions\/2012"}],"part":[{"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/pressbooks\/v2\/parts\/926"}],"metadata":[{"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/pressbooks\/v2\/chapters\/936\/metadata\/"}],"wp:attachment":[{"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/wp\/v2\/media?parent=936"}],"wp:term":[{"taxonomy":"chapter-type","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/pressbooks\/v2\/chapter-type?post=936"},{"taxonomy":"contributor","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/wp\/v2\/contributor?post=936"},{"taxonomy":"license","embeddable":true,"href":"https:\/\/courses.lumenlearning.com\/wm-humanresourcesmgmt\/wp-json\/wp\/v2\/license?post=936"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}