In recent years, many employers have been increasingly focused on benefits that promote wellbeing, boost retention, attract talent and, in turn, help them to secure better performance and employee engagement. However with the outbreak of the coronavirus combined with a recession and the changing working population, will this remain the same?
The real challenge for employers is increasing engagement at work. With the line between home and work blurred more than ever, it may be difficult for employers to engage their staff. This means businesses will need to adapt.
For businesses to adapt for the future, their benefits offerings will need to adapt too. Benefits will need to span across a multi-generational workforce with different needs, meaning a bigger and more varied set of schemes may need to be introduced.
Find out more about how benefits will evolve over the next decade.