Boosting employee engagement is the main objective of more than half (54) of respondents’ flexible benefits plans, according to the Employee Benefits/Towers Watson Flexible Benefits Research 2014, which surveyed 346 employers in January 2014.
Schemes appear to be meeting this aim, with the proportion of respondents reporting that their plan has successfully improved staff engagement rising steadily over the past few years.
A further fifth (21%) of respondents cited improving staff recruitment and retention as their scheme’s main objective.
Unsurprisingly, employee engagement is the most popular measure used by respondents to gauge the success of their flex objectives. This year, 74% of respondents say they use this method, compared with 35% in 2013.
Read more of the Employee Benefits/Towers Watson Flexible benefits research 2014