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Our Benefits Design Research - A 10 Minute Overview
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Employers are refining their benefits strategies to enhance recruitment, retention, and employee engagement.
With increasing pressure to transform organisations, benefits specialists are now key players in broader HR strategies. Their role in talent development, rewards, and wellbeing is crucial for retaining, engaging, and reskilling employees, driving business success in a highly competitive labour market.
The REBA/Howden Employee Benefits Benefits Design Research 2024 reveals that despite efforts to streamline, employers are planning significant initiatives focusing on communication, financial and mental wellbeing, and strategic technology transformation. Measuring effectiveness will be key to securing future investment through 2025.
As we look ahead, employers are poised to review, reallocate, and adjust their benefits to meet evolving needs. Even in a challenging economic environment, 91% of respondents plan to increase spending in at least one key area, underscoring the critical importance of benefits.
🎧 Tune in to a 10-minute podcast with Matthew Gregson, Executive Director, for a recap of the key findings from our 2024 research in partnership with REBA.
#EmployeeBenefits #HRStrategy #EmployeeEngagement #Wellbeing #TalentDevelopment #BusinessSuccess
Howden Employee Benefits & Wellbeing Limited is part of the Howden Group. Registered in England and Wales under company number 2248238, with its registered office at One Creechurch Place, London EC3A 5AF. Authorised and regulated by the Financial Conduct Authority (Financial Services Register No. 312841). The Financial Services Register can be accessed through www.fca.org.uk
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