Employers URGENTLY Overhaul Benefits Strategy as CRUSHING Cost Pressures Threaten Workforce Stability!

NEW YORK, June 10, 2025 – Navigating the right financial strategy to stay within budgetary limits while simultaneously managing business benefits has become exceptionally difficult in the U.S. The reason for this, according to WTW, a global advisory, broking and solutions company, is the heightened economic uncertainty and far greater financial pressures.

As a result, businesses are focusing on sharper spending and using smart benefit strategies to drive engagement, retention, and purpose during these challenging times.

The 2025 Benefits Trends Survey cited the continuous raising of costs for benefits to be the primary issue 90% of U.S. businesses are trying to tackle while evolving their strategies for the year 2025. This is a startling increase from 67% in 2023.

Other major issues also included competition for talent (52%), an enhanced employee experience (43%), cost of living (39%), and increasing mental health issues (32%).

“Employers are scrutinizing every dollar spent on benefits, as we emerge from an extended period of high benefits inflation in the face of a potentially weakening economy. For employers, that translates to providing effective and targeted support and spending on the benefits that matter most,” argued Jeff Levin-Scherz, Population Health Leader, North America, Health & Benefits.