Press release -

Benify launches a new report: the top 10 most popular employer benefits

Stockholm, April 19, 2017 — HR-tech company Benify launches a report today that reveals the top ten employee benefits, according to the experts. The list is based on a survey of 1,195 HR professionals from over 40 countries worldwide. The report aims to illustrate what drives employers' benefit and rewards strategies by ranking what tops their employee benefit wishlist.

What motivates the modern employer: the modern employee 

Employers realize that today’s employee is a complex entity – more mobile than ever, with increasing needs to achieve a work life balance and ever-growing expectations as to what they feel their employer should provide. To design a benefits and rewards offering, employers are forced to evaluate their employee base as a whole and determine what would be appealing to both attract and retain their talent.

"Today's employee seeks a work life balance and looks to their employer for help in achieving this. Employers understand this need, as well as the fact that their talent pool consists of unique individuals with different motivations and demands. This realization and sensitivity drives their strategies." says Markus Kullendorff, CEO of Benify. 

The employee benefits “big picture”

From the resulting data, Benify compiled a list of the top 10 most popular employee benefits. The result shows that employers do recognize that each employee is unique – with different wants, needs and expectations – and that employers respond by adjusting their offerings to them. Survey respondents shared what their employees value, and answers ranged from flexible working hours to great colleagues. What we see is that above all else, today’s employees crave choice, flexibility and autonomy in managing their own decisions.

Mr. Kullendorff adds: "Since we are in the position of communicating and simplifying benefits management with our technology, we wanted to understand what employers prioritized based on their employees' needs. This helps us keep in step with what our customers value so that we can meet and exceed their expectations each time we deliver our compensation and benefits portal.

Benify's Top 10 Employee Benefits report is now available to the public.

Topics

  • Technology, general

Categories

  • benify
  • employee benefits
  • top 10 report
  • rewards strategy

Benify is a fast-growing HR tech leader helping companies around the world build a strong employer brand. Though its cloud based total compensation, benefits, and enrollment portal, Benify makes it Great at Work for 900,000+ employees worldwide, helping them see and appreciate the true value of their total reward. The result: increased engagement, higher satisfaction, easier recruitment. Headquartered in Stockholm, Sweden, Benify has been empowering human resource strategies since 2004.