The ROI of Employee Benefits: 4 Strategies to Reduce Costs and Boost Engagement
Employers are under constant pressure to create benefits packages that not only meet employee expectations, but also deliver measurable returns on investment (ROI). But justifying the value of these programs can be challenging, especially as employees’s benefits expectations in 2024 are higher than ever.
5 Communication Strategies to Strengthen Your Benefits Offering
A company’s benefits offering is key to attracting and retaining talented people. But it’s not enough to just offer competitive packages—you also need to communicate their value clearly and effectively.
Time for a benefits platform? All you need to know for managing a multinational team.
Employee needs are changing at a rapid pace, and teams need an agile system that can facilitate hyper-personalized benefits in order to keep up. If you’re thinking about moving your company’s benefits and rewards onto a centralized benefits platform, there are multiple steps to consider.
6 steps to ensure your multigenerational workforce are getting the most out of their benefits
While every employee has their wants and needs depending on their life circumstances, benefits regarding health and well-being are undeniably essential for all ages. According to the U.S. Bureau of Labor Statistics, five generations are currently active in the world’s workforce, a unique phenomenon partly caused by people waiting longer to retire.
How to build communications that combine consistent culture and localised messaging
Whether your work environment is hybrid, onsite, remote, or in different countries, it’s more important than ever that every employee has easy access to information and messaging that is relevant to them based on their location. Benefits and rewards provide a bedrock to many people beyond salary today. Therefore, it’s crucial to build a sustainable […]
Find out how Santa provides for his workforce
“I wish I could organise my reindeers and elves that work with me all around the world in a better way. Last year, we dropped a present over the sleigh, some reindeers were late in getting away, and some of the elves (bless them!) worked through their breaks. If only there was some way …”
How can companies help the stressed-out sandwich generation?
What is the sandwich generation? The sandwich generation is defined as a group of middle-aged adults who care both for their aging parents and their own children at the same time. This can put pressure on this group financially and physically. In Gallup’s State of the Workplace Report 2022, employee stress hit a new high […]
How do global businesses prepare for changing conditions when considering their benefits?
It’s been a testing time for the 213 million global businesses what with the pandemic, Russia’s invasion of Ukraine, the climate crisis, and cost of inflation. The predictions made by economists about inflation a few months ago came true, but people didn’t quite know how it would affect them to a certain extent. Some saw […]
How to increase financial wellness in your workplace
Did you know that 4 out of 10 employees say they feel worried about their financial situation? Numerous studies have shown that many employees inquire about financial advisory services from their employer. As many as 86% of the participants in a comprehensive study made by Fidelity Investments said they would participate in programs and education […]
How are companies using technology and data to determine the best benefits?
Many companies are using HR tech to streamline their business processes, everything from admin to onboarding to internal communications. These are just some of the advantages that can be regarded as being general across the board at many organisations. When it comes to tailor-made benefits aimed at a portion of a company’s workforce, or even […]