Fuel Oil News

Fuel Oil News March 2015

The home heating oil industry has a long and proud history, and Fuel Oil News has been there supporting it since 1935. It is an industry that has faced many challenges during that time. In its 77th year, Fuel Oil News is doing more than just holding

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www.fueloilnews.com | FUEL OIL NEWS | MARCH 2015 23 What's in the Suggestion Box? When it comes to how to make the organi- zations they work for even better, employ- ees expressed the following sentiments: Supporting work/life balance was ranked as the top way companies can show employees they care. Nearly 40% of respondents said they wished their employer cared more about their work-life balance. 44% indicated flexible work ar- rangements were the number one ben- efit they'd love to have. 30% of employees chose "free programs and resources supporting my well-being" as the number one benefit they'd like their employer to offer. Can't Buy Their Love The key to employee happiness might not be what many employers think (hint, it's not money). 28% of respondents ranked "main- taining good health, including physical, mental and social" as the number one aspect driving their overall well-being and happiness, compared to 22% for "financial stability." NEW SURvEy: COStS ANd EMpLOyEE pROdUCtIvIty tOp pRIORItIES FOR BENEFItS pROgRAMS As companies focus largely on main- taining employee productivity and con- trolling costs when designing its benefit programs, according to the Employee Benefits Trends Survey released today from Wells Fargo Insurance, part of Wells Fargo & Co, benefit plans can also greatly improve employee loyalty. Ac- cording to the survey, C-suite executives and benefit managers cite managing costs and maintaining employee pro- ductivity as the most important goals in both the short (12-18 months) and long term (five years). Additionally, C-suite executives (88%) and benefit managers (85%) agree that benefit programs have the most impact on improving employ- ee loyalty as well as increasing employee engagement and lowering company medical costs. Wells Fargo Insurance designed the Employee Benefits Trends Survey to better understand how companies are responding to healthcare reform re- quirements while also providing their employees with competitive benefits programs. For more information and additional findings from Wells Fargo Insurance's Employee Benefits Trend Survey, visit https://wfis.wellsfargo.com/services/ employeebenefits/Pages/Research.aspx.

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