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Year After Year, 3 + 3 Still The Key To Benefits Education

Stocks in this article: UNM

Equally important as offering employees the right amount of resources is giving them three weeks or more to review their benefits choices and information before making a decision.

Those who had three or more weeks to review benefits materials prior to the close of enrollment were significantly more likely to rate their benefits and their benefits education as excellent or very good, compared to those with less than three weeks to enroll.

The research shows that 96 percent of employees who had three-plus weeks to review their benefits education materials said it was enough time—but only 48 percent of respondents were given that much time.

An effective benefits education strategy can enhance employees’ appreciation of their benefits, the research shows. Eighty-one percent of employees with an excellent/very good benefits education rated their employee benefits package as excellent or very good. Conversely, only 27 percent of employees who rated their benefits education as fair/poor said their employee benefits package was excellent or very good.

About Unum

Unum ( www.unum.com) is one of the leading providers of employee benefits products and services in the United States and the United Kingdom. Through its subsidiaries, Unum Group paid approximately $6 billion in total benefits to customers in 2011.

Harris Interactive Survey Methodology

The 2011 survey was conducted online by Harris Interactive on behalf of Unum from December 16-20, 2011 among a total of 3,339 adults 18 and older, 1,820 of whom are employed full- or part-time and 1,147 of whom were asked to review their employee benefits in the past year. The 2008 survey was conducted online by Harris Interactive on behalf of Unum from December 9-11, 2008 among a total of 2,137 adults 18 and older, 1,122 of whom are employed full- or part-time and 659 of whom were asked to review their employee benefits in the past year. This online survey is not based on a probability sample and therefore no estimate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact Brian Baker at (423) 294-7839.

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