The health and medical needs of a working population vary based on any number of demographics. The workforce today is comprised of three major generations, each of which has a unique set of health risks and medical costs. As the needs of generations vary, so do the offerings that benefit them most.
A strong benefits package not only attracts and retains good employees, it keeps them healthy and can maximize productivity. The role of benefits for financial security and work-life balance also varies in significant ways from generation to generation.
This is part two of a three-part series where Lockton experts share how companies can design risk management and employee benefits programs with their multigenerational workforce in mind. To see all papers in the series, visit the multigenerational workforce page.
Ron Leopold, M.D., MPH
Janet Moore, HIA
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