The year 2020 has really been a test for employee engagement. More has been thrown at HR teams than at any other time since 2008! As a result of this year of change, many Reward teams are looking for ways to reduce benefits costs, save money where possible, maximise the value of their existing employee benefits platforms and plans, and put more emphasis on the most cost-effective employee benefits for employers and their people. Luckily, there are some benefits out there that will do just this, and still deliver an exceptional employee experience. The focus going forward will be on quality over quantity – more, cheap benefits do not necessarily mean better engagement. Focusing on meaningful benefits that deliver value will help maintain engagement in 2021.
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