Conclusion The employee benefits market is expected to undergo significant shifts as we enter 2025. For employers, there will be a continued need to offer competitive compensation and benefits packages not only to attract new employees, but help current employees offset the pressures of rising health care costs as well. A strategic focus on voluntary benefits can also be a great way to bolster your benefits offerings, add value for your employees and potentially improve retention in a hard labor market. Beyond these financial incentives, it’s equally important that employers continue to take a holistic approach to employee well-being, prioritizing their worker’s physical and mental health. Doing so can help foster a resilient and engaged workforce. Ultimately, 2025 will require employers to be strategic and adaptable as they navigate imminent challenges. As always, LHD Benefit Advisors is here to help as a trusted advisor, providing up-to-date information on the latest developments and supplemental resources employers can use to educate themselves and their employees. Reach out to learn more. 28
2025 Employee Benefits Market Outlook Page 27