Magazine article Talent Development

Opportunistic Benefits: Make Sure Employees Are Aware of and Engaged with Their Benefits

Magazine article Talent Development

Opportunistic Benefits: Make Sure Employees Are Aware of and Engaged with Their Benefits

Article excerpt

Many organizations spend heavily on perks--the average employee benefits package is valued at 31 percent of base pay-but one in four workers worldwide remains dissatisfied with his benefits. That's according to Global Employee Benefits Watch, a 2016 report from Thomsons Online Benefits, which surveyed 448 global HR professionals and more than 1,120 employees of large organizations around the world.

"Getting everything in place, from platform to the choice of benefits and consistency of scheme design across markets may not be enough.... HR and reward professionals also need to be communication experts, ensuring employees are aware of, understand, and fully engage with their benefits" according to the report.

Effectively communicating benefits means offering several opportunities for employees to learn about them. The report reveals that just 51 percent of employees engage with their benefits to a high or very high extent at companies with one or fewer ways to communicate about them. …

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