4 Choosing the Benefits Once an employer understands what kinds of benefits their employees want and knows how much to budget for, they can start choosing benefits offerings. Again, this step should be informed by employee preference and by the budget. If employers can’t align those two elements, they will likely need to compromise in some way. One solution may be offering benefits valued by most employees, even if they differ slightly from what employees are specifically asking for. For employers on a budget, an alternative solution may be charging employees more for their benefits. Employees may be inclined to pay a higher portion of the benefits package if they are offered the benefits they truly want, but employers should reach out to employees about this before making any decisions. 5 Communicating the Offerings The final step in crafting a multigenerational benefits plan is communicating it to employees. Employees should be aware before this point that their benefits may be changing (since they should have been surveyed), so this step is more of a confirmation. When reaching out, employers must articulate why they’re making this change. Explain that the benefits were adjusted to better reflect the values and desires of the organization’s employees. Ultimately, employers need workers to understand that all this effort was for their benefit. 11