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A potential upcoming recession means companies are looking for ways to cut costs, but employee wellness still remains top of mind for many employers. In a recent survey, 55% of businesses said they will not reduce salaries if there is a recession, and 47% said they will not reduce benefits. Ryan Filipek, lead benefits analyst here at WEX, joins us to share his advice on how to advocate for employee benefits and justify your expense plans during benefits budget conversations with leadership.
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A potential upcoming recession means companies are looking for ways to cut costs, but employee wellness still remains top of mind for many employers. In a recent survey, 55% of businesses said they will not reduce salaries if there is a recession, and 47% said they will not reduce benefits. Ryan Filipek, lead benefits analyst here at WEX, joins us to share his advice on how to advocate for employee benefits and justify your expense plans during benefits budget conversations with leadership.