New data has revealed that employers in the UK are increasing investment in employee benefits packages as they attempt to gain a competitive edge in the race for talent.
Practical strategies for employee mental wellbeing can offer a competitive advantage. Several well-known companies prioritise their employees' mental health, recognising its positive financial impact.
Only 1/4 of employers are aware of all available employee benefits. Lack of market knowledge could hinder their access to valuable services for staff and organisational support.
57% of UK businesses say that rising costs are influencing their strategy for employee benefits. Yet, as companies continue to grapple with attracting key talent, investment in benefits remains a major priority.
Advice for leaders on how to ensure a business stands out from the crowd in a hugely competitive market without injecting huge financial resource in simply raising salaries.
Research into how hybrid working has changed the emphasis of health and wellbeing support shows there is a full spectrum of increased needs among employees.
Having seen many employers taking this approach, a specialist adviser in health and wellbeing support advises that offering the same benefits across different countries is not always the best option.
Co-op has launched a new leading colleague compassionate leave policy ahead of Dying Matters Awareness Week, to better support colleagues when someone close to them dies or is seriously ill.