Reviewing benefits in the wake of Covid

Paul Andrews, Global Benefits Director, Benefex

After speaking to various organisations about their benefits, it’s become very clear that employee needs have changed during the pandemic, and so must the benefits employers are providing. Depending on where in the world they have their workforce, companies have adapted to this change in a variety of ways.

Both to ease financial burdens and offer some choice, some employers have allowed employees to review their selection mid-year so that things like commuter tickets, car parking and travel insurance can either be removed to free up cash, or replaced with more relevant options. However, deciding what is relevant now and balancing this with possible changes to come is no easy task.

Read the full article here.