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Inflation, labour market shortages and organisational change are influencing ways in which employers are approaching benefits design. With most recognising the need to retain and improve benefits, HR may have a new challenge in proving that value to secure the higher budgets needed to maintain benefits or accept the need to make their spend work smarter.
This webinar will draw on REBA’s Benefits Design Research 2024 to delve into the internal and external pressures affecting benefits decision-making, and explore what the data means for employers. It will put a spotlight on how cost pressures are reshaping benefits design, and the investment employers still plan to make in the next two years, though budgets will be tight.
The panellists will explore how organisations are adjusting spend, communications, and the proliferation of benefits, as well as replanning their technology to maximise benefit return on investment.
Key Issues to be explored:
- How employers are re-thinking their benefit design in response to inflation pressures
- Which internal and external pressures are shaping where employers are focusing their benefits spend
- How employers can manage budgets to meet employee needs and expectations without compromising value to the business
- Best practices for effectively communicating benefits to promote employee engagement and ROI on spend
- The role benefits technology needs to play to improve effectiveness of benefits design, spend and delivery
Panel chair:
