• There has been little change in the percentage of employees willing to make such tradeoffs since 2017 Figure 3 (Figure 2). Six in ten employees say mental health wellness programs are more important for employers to offer now, which is significantly higher than the January 5, 2023, #451 half who said so in 2021. In the past year, do you feel that mental health wellness programs have become more or less important for employers to offer?* (2022 n=1,518) Figure 2 Six in ten employees continue to be satisfied with the health benefits Worker Satisfaction With Health Benefits Is Lower; 2022 2021 they have now; one in five would prefer to have higher wages instead. Mental Health Is More Important Which one of the following statements would you say is closest to the way you feel about the health benefit 59% Worker satisfaction with health benefits shifted materially in 2022: The percentage of workers reporting that they 2017 2018 2020 2021 2022 were extremely or very 49% satisfied with health benefits fell from 60 percent to 55 percent between 2021 and 2022, returning to its 2020 level (Figure 1). Satisfaction shifted to somewhat satisfied. These changes occurred after a 70% 40% 63% 63% period in which the proportion of62% those extremely or very satisfied was essentially flat between 2013 and 2018. 61% 31% 58% 60% Figure 1 50% Nearly all employees continue to be at least some what satisfied with their current health plan. Down from 2020, more than one-half are ver 7% y 6% 5% 40% 4% or extremely satisfied. More Important to Offer Now The Same Level of Importance Less Important to Offer Now Don't Know 30% Overall, how satisfied are you with your current health insurance plan? (Has health 24% 21% 21% 20% 19% 18% 18% 18% Source: Employee Benefit Research Institute and Greenwald Research, 2021-2022 Workplace Wellness Survey 20% 17% 17% Extremely or Very Satisfied Somewhat Satisfied Not Too Satisfied Not at All Satisfied 70% *Revised in 2022 10% 60% 60% 55% 55% 0% You Are Satisfied With the Health Benefits You You Would Rather Have More Health Benefits You Would Rather Have Fewer Health Benefits 51% 50% 50% 50% 49% 49% Receive Now and Lower Wages and Higher Wages 50% The EBRI report, “2022 Workplace Wellness Survey,” was published as the October 2022 EBRI Chartbook, and is available online here. Source: Employee Benefit Research Institute and Greenwald Research, 2017 –2018 and 2020 –2022 Workplace Wellness Surveys. 40% 41% 39% 39% The 2022 Workplace Wellness Survey was made possible with funding support from the following 38% 38% 37% organizations: AARP, Cigna, Edelman Financial Engines, Fidelity Investment 34% s, Human Rights Ca34% mpaign 30% Foundation, Mercer, Morgan Stanley, National Rural Electric Cooperative Association (NRECA), 29% OneAmerica, Unum, and Voya Financial. 20% Mental health benefits are increasingly important. The Employee Benefit Research Institute is a private, nonpartisan, and nonprofit research institute based in 10% 9% 9% 9% 9% 8% 8% 10% 7% 7% Washington, D.C., that focuses on health, savings, retirement, and economic security issues. EBRI does not lobby 4% 3% 3% 3% • Six in 2% ten employee 2% s say ment 2% al health wellness programs are more impor 2%tant for employers to offer now, and does not take policy positions. The work of EBRI is made possible by funding from its members and 4% higher than the one-half who said so in 2021 (Figure 3). sponsors, which include a broad range of public and private organizations. For more information, visit 0% 2013 2014 2015 2016 2017 2018 2020 2021 2022 www.ebri.org. Source: Employee Benefit Research Institute and Greenwald Research, 2013 –2022 Workplace Wellness Surveys. Greenwald Research is a leading independent custom research firm and consulting partner to the health and wealth industries that applies creative quantitative and qualitative methods to help companies stay competitive In the recently released Workplace Wellness Survey, the Employee Benefit Research Institute (EBRI) and and navigate industry change. Leveraging deep subject matter expertise and a consultative approach, Greenwald Greenwald Research examined a broad spectrum of worker attitudes toward financial wellbeing, employment- offers comprehensive services to answer strategic business questions. For more information, go to based health insurance, and retirement benefit issues. The survey found that although many employees are www.greenwaldresearch.com. satisfied with their health benefits, some are willing to make tradeoffs. ### • Nearly 1 in 5 workers would rather have more health benefits and would accept lower wages in return. • In contrast, about the same number of workers would rather have higher wages and would give up some health benefits in return. EBRI’s on Twitter! @EBRI or http://twitter.com/EBRI EBRI blog: https://ebriorg.wordpress.com/ E EB BR RI I on on T Twitt witte er r: : @ @E EB BR RI I o or r htt http:/ p://t /twit witter ter..c com/ om/E EB BR RI I B Blog: log: htt https ps:/ ://ebr /ebrio ior rg. g.wor wordp dpr re es ss s..c com/ om/ © 2023, Employee Benefit Research Institute, 901 D St. SW, Suite 802, Washington, DC 20024, 202/659-0670 www.ebri.org 3 2