Subj : Most bosses really don't understand what benefits their employees
To   : All
From : TechnologyDaily
Date : Mon Mar 27 2023 10:15:03

Most bosses really don't understand what benefits their employees want

Date:
Mon, 27 Mar 2023 08:57:39 +0000

Description:
Workplace benefits seem to have slipped recently, failing to meet the mark 
needed to retain and attract talent.

FULL STORY
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New research has claimed companies are failing their employees when it comes 
to workplace benefits by lacking those that are most desired, and even by 
offering some that are not. 

Data from an Alight survey of 1,400 employees in the UK and Europe found only 
38% of whom believe their workplace benefits meet their needs. However, a 
second survey of 420 mid-sized and large British and European businesses 
found as many as 57% of employers believe that workers needs are being met. 

Looking ahead, it concludes that communication between employers and 
employees holds the greatest power for change, though this is made more 
challenging by the emerging AI environment thats set to fundamentally change 
how we collaborate and communicate. Are my workplace benefits good? 

Over three-quarters (77%) of employers believe that their benefits exceeded 
local requirements, however precisely how far they had been exceeded remains 
unclear because only 34% of workers agreed that there was substantially more 
on offer compared with basic requirements. Read more 

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 > Businesses are losing billions in productivity costs by not giving workers 
the right tools 

As workers and businesses feel the pinch of a tightening economy, many fear 
that their benefits may not be what they once were. Medical protection and 
other financial assistance benefits will likely be the most desired in the 
year to come. Still, some businesses continue to offer token gestures that do 
very little to please their employees. 

Alight Business Development VP Jan Pieter Janssen explained that 
organizations should take a proactive approach to bridge the evident gap 
between employer and employee sentiments, citing benefit awareness and 
utilization, higher ROI, enhanced employee wellbeing, and new talent 
acquisition as key benefits. 

The report found that organizations fundamentally need to double down on 
communicating with workers, finding that omnichannel methods are most 
suitable for spreading the message and obtaining a better understanding, 
which includes AI chatbots. Check out our roundup of the best HR software for 
managing employees



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Link to news story:
https://www.techradar.com/news/most-bosses-really-dont-understand-what-benefit
s-their-employees-want


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