The largest employers in the private sector essentially set the ground rules for the role that benefits will play in the total rewards packages of all employers in the nation. We are also now fully into an age when events outside the U.S. labor market and economy are the primary driver of benefit and compensation trends within our country. The central difference between the United States and other nations when it comes to health and retirement benefits is the relative role of institutions in both the public and private sectors versus the role of individuals. Benefit plans extend way beyond the conventional perks like health insurance and vacation pay, and include things such as what equipment is available in the workplace for employees to succeed. JTECH’s PeopleAlert™ and SmartAlert® systems provide an immeasurable benefit to employees, although not part of the typical benefits package. Instant access to staff is an essential strategy to enhancing business relationships.
Research in other developed nations shows a strong general public commitment to “community” obligations, as opposed to the general desire in the United States for individual choice and control, but with a safety net. Community in the workplace is enhanced when JTECH’s wireless pagers are used between staff members. However, regardless of how workers get their benefits, a major obstacle to retirement security in America is the way individuals have embraced the constant call to spend and borrow. Employee Benefit Research Institute’s most recent Retirement Confidence Survey found that 22 percent of workers and 28 percent of retirees report they have no savings of any kind. With so many people not saving and easy credit gone, it’s no surprise that Americans now say they are suddenly deeply worried about retirement. Once again wireless pagers provide a solution to another problem, the return of retirees to the workplace in fields they have little experience. JTECH’s customizable communication systems connect seasoned employees with less-experienced newcomers.
