The survey, which was conducted in May 2016 among readers of Employee Benefits and www.employeebenefits.co.uk, received 338 responses. Due to rounding, percentages may not add up to 100.
Number of employees in respondents’ organisations
Sample: All respondents (338)
1,000-4,999: 23%
More than 10,000: 19%
50-249: 13%
250-499: 12%
5,000-9,999: 10%
10-49: 10%
500-999: 8%
1-9: 5%
Organisation type
Sample: All respondents (334)
Privately owned: 59%
Publicly quoted: 27%
Public sector: 11%
Voluntary sector: 4%
Key findings:
81% of respondents offer employee benefits because they are an effective retention tool
39% of respondents cite advancements in technology as one of the issues shaping their organisation’s benefits strategy
29% of respondents believe employers will share the cost of funding benefits with employees more in the future
71% of respondents expect their benefits strategy to adapt to future challenges by providing better or more targeted benefits communication
74% of respondents enable staff to contribute into their defined contribution (DC) pension scheme via a salary sacrifice arrangement
72% of respondents cite budget as a key barrier to offering the benefits that they would like to
18% do not measure employee engagement levels
78% of respondents offer benefits through a salary sacrifice arrangement to all employees
68% are using digital communication to improve employee engagement with benefits
61% of respondents name the desire to be seen as an employer of choice as a key issue shaping their organisation’s benefits strategy
