How to provide offerings that benefit, not burden, US employees

Crack the code ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌   ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ ‌ 

Share this email Share this email on LinkedIn   Share this email on Twitter   Share this email on Facebook   AN ARTICLE A DAY, PICKED BY OUR EDITORS   Edited by Emily Adeyanju   Digital Editor, Charlotte How important are workplace benefits to employees? Very. In fact, countless Americans rank work benefits as important as salary. Despite the value that they add to their work experience, many employees do not understand the full scope of their benefits. Too often, employers may miss the mark in clearly defining offerings. Benefits provided through multiple sources leave employees to navigate a maze of HR teams, employer-sponsored providers, and outside vendors. So how can employers avoid a web of complexity that leaves unclaimed benefits on the table? To learn more about accessing benefits and making informed choices for US employees and their families, check out this new article from McKinsey partners Mathew Lee, Matthew Scally, and their coauthors. US workplace benefits: Connecting health, wealth, and wellness Who will crack the code and create an integrated experience in the employer-sponsored benefits ecosystem? Reap the benefits Quote of the day "Latino economic mobility is no longer a Latino issue, it's an American one. If we really want, as a country, to achieve our goals in the decades to come, we need to improve in a significant way the Latino participation in our economy." —McKinsey partner Bernardo Sichel on the economic experiences of Latinos in the US in a recent episode of the Future of America podcast Chart of the day See today's chart   ALSO NEW We're helping build an economy that works for all. 7 in 10 people live in societies with growing inequality. That's why we're taking action to create a more inclusive economy through our work with clients, and in local communities. See how we're helping  Author Talks: People, planet, profits, and … Simmons University President Lynn Perry Wooten refreshes the triple bottom line with a fourth pillar for leading through compounding crises. Embrace opportunity   Digital twins: What could they do for your business? Less waste, shorter times to market, constant customer insights: the advantages of applying digital twins are many—if you get the conditions right. Discover the potential   Follow our thinking Share these insights Did you enjoy this newsletter? Forward it to colleagues and friends so they can subscribe too. Was this issue forwarded to you? Sign up for it and sample our 40+ other free email subscriptions here. This email contains information about McKinsey's research, insights, services, or events. By opening our emails or clicking on links, you agree to our use of cookies and web tracking technology. For more information on how we use and protect your information, please review our privacy policy. You received this email because you subscribed to the Daily Read newsletter. Manage subscriptions | Unsubscribe Copyright © 2022 | McKinsey & Company, 3 World Trade Center, 175 Greenwich Street, New York, NY 10007