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Employee benefits

Shopping discounts the top employee benefit last year

Discounts for supermarkets, online and high street retailers were the most used employee benefit throughout 2023, according to the findings of new analysis.

Wellbeing on a budget: the most cost-effective ways to support employees

As employers across the country look at budgets for the year, it’s important that they’re aware of the most cost-effective support that’s available.

Insights to bridging care and coverage in 2024 employee health initiatives

Amidst economic pressures and evolving healthcare demands, a forward-looking approach that emphasises both preventative care and specialist support is vital.

James Clowser: What are the top employee benefits and wellbeing trends in the legal sector?

With retaining talent the number one challenge for legal firms, employee benefits can be an effective way for firms to differentiate themselves from competitors.  

Younger workers favour ongoing financial support over bonuses

Of those who receive a bonus, 61% of younger employees would prefer year-round financial support such as workplace savings schemes or discount vouchers.

Younger employees value workplace benefits package more than older counterparts

55% of 18-34-year-olds say that a good benefits package is now the most important thing they look for in employment, compared to 42% of the general workforce.

Concerns over employees with long-term chronic illnesses and barriers to wellbeing support

A fifth of employers express concern about employees living with long-term chronic illnesses, such as diabetes, certain types of cancer, or multiple sclerosis.

Multinational employers must look to Global Benefits Management for 2024

Multinational employers must navigate risks, regulatory compliance, and talent retention to avoid repercussions such as absence rates and reduced productivity.

Affordability and flexibility top the list of requirements from a wellbeing programme

The needs of existing employees constantly change and so do the benefits that are effective in recruiting new talent. So programmes need to adapt accordingly.

Work to be done to improve the employee experience of benefits

Two-fifths of UK employers (42%) admit they are ineffective at delivering employee experience in their benefits strategy and improvements need to be made.
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Analysis, Advice and Opinion

Workplace Wellbeing Pro delivers UK-focused news and analysis on employee wellbeing, covering physical, financial, and mental health. Promoted via a twice-weekly newsletter and social media, it reaches 33,000+ wellbeing managers, HR professionals, occupational health advisers, and more.

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