As the struggle to attract and retain high-quality talent in an ever more fluid employment market continues to challenge businesses in the UK, employee benefits and rewards have the potential to become increasingly important strategic levers for organisations.
According to the CIPD, 81% of employers in the UK intend to spend the same amount on staff benefits over the next two years as they currently do, while 16% plan to increase their investment.
But while most organisations aren't planning to plough more money into benefits, they are attempting to maximise the impact of the investment that they are already making and demonstrate a tangible return. They are engaging their employees around benefits by providing a more friendly, flexible and personalised experience, and deploying a range of technologies to deliver a substantiated return on investment.