Benifex report: The Benefits Greenhouse report

This report argues that benefits technology must become the third core pillar of HR digital transformation, alongside HRIS and payroll, to connect who people are, how they are paid, and how they are rewarded.

The Benifex Benefits Greenhouse report highlights how employees access and navigate available benefits. It finds that more than half (51%) of employees find it difficult to access and understand the full value of their rewards and benefits. This is despite almost two-thirds (64%) of employers having expanded their offerings over the previous year. 

Meanwhile, almost two-thirds (65%) of HR leaders expect rising healthcare and benefits costs to be among their top financial pressures over the next two to three years.

This report also outlines how, if organisations want to convert benefits spend into actual impact, offerings must satisfy five conditions: visibility, accessibility, relevance, timing, and engagement. Consolidating these onto a single platform delivers measurable operational improvements.

Supplied by REBA Associate Member, Benifex

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