09 August 2012
Many employers 'reviewing contractual benefits'
Many employers are striving to improve the contractual benefits on offer to their members of staff this year.
That is according to Sheila Attwood, pay and benefits editor at XpertHR, who has noted that reviewing perks related to employees' positions is the most common reward project planned for 2012.
Ms Attwood explained that research conducted by her organisation established this fact and indicated that most organisations have three priorities when it comes to enhancing their benefit programmes - "cost, suitability and comparability".
Earlier this year, XpertHR found that childcare vouchers remain the most-commonly offered perk, followed by private medical insurance, free car parking and counselling services.
And Ms Attwood noted that companies are determined to make sure they provide the benefits that will ensure their workers are happy.
"What is on offer must be what employees want - there is no value from simply continuing with the benefits that have always been provided if employees don't want them or use them," she added.
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Posted by Trusha Vyas