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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Thanks to the Great Resignation, employees are demanding more from their current and prospective employers. ‘Must-have’ benefits. Among these must-have benefits: Prescription drug coverage.

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What is Employee Poaching & How to Deal With It?

HR Lineup

Better Benefits : Enhanced benefits packages, including health insurance, retirement plans, paid time off, and other perks, are commonly used to lure employees. Confidentiality and Discretion: Secrecy: Poaching efforts are typically conducted discreetly to avoid alerting the current employer and to minimize legal risks.

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2025 employee benefits trends: What employers need to know

WEX Inc.

Shaped by changing work environments, economic pressures, and technological advancements, the following trends are emerging as essential components of a competitive benefits package. Personalized benefits packages Today’s employees want benefits unique to their circumstances and lifestyles.

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Best Global Benefits Services

HR Lineup

Employment is a significant part of our lives, and it comes with various benefits and perks. One of these benefits is the provision of employee benefits. Employee benefits are non-wage compensations that are provided by employers to their employees, which may include health insurance, retirement plans, and vacation time.

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85% of employers plan to further enhance their benefits packages

Employee Benefits

The majority (85%) of organisations plan to enhance their benefits packages for employees, according to research by HR and employee benefits consulting services firm Gallagher. Voluntary benefits such as bikes-for-work schemes have increased to 75% from 73% in 2022, while gym memberships rose to 45% from 34%.

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How is the cost-of-living crisis affecting what employees want from their benefits packages?

Employee Benefits

The cost-of-living crisis has employees demanding pay rises in line with inflation, but many employers are unable to afford this long-term. Benefits that support financial wellbeing and education, including day-to-day budgeting and discounts, can help pay stretch further without raising pay.

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How can employers support employees with dementia?

Employee Benefits

Employers are legally required to make reasonable workplace adjustments where possible for employees impacted by dementia to the point that it satisfies the disability definition. Employers should offer training for managers and staff on how to support someone with dementia in the workplace.