6 Trends Shaping The Future of Employee Benefits

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6 Trends Shaping

the Future of
Employee Benefits

How HR innovators are doing more with less to


create a powerful employee benefits strategy
Table of Contents
3 Introduction

4 Letting Strategy Lead Your Employee Benefits Design

9 Having to Do More with Less

17 Keeping Diversity and Inclusion High on Your Benefits Agenda

20 Putting a Focus on Employee Wellbeing

24 Harnessing the Power of Communication

29 Leveraging Digital Technology

33 Conclusion
strategies, programmes and delivery of them through technology has become even
more important.

Companies need to ask themselves three core questions as they determine the future of
their own employee benefits:

1. Are our benefits still right?

2. Do our benefits reflect and support the changing needs of our workforce?

Debra Corey 3. Do the benefits we have on offer fit within this new world of work?
Best-Selling Author and Advisor to Reward Gateway In this eBook I will explore six trends that are shaping the world of UK benefits, sharing
trends, tips and examples to help you get your benefits in shape for now and for the future.
The world of work is changing at an
unprecedented pace, being reshaped
by changing workplace demographics,
increased globalisation, technological 3. Keeping Diversity and
1. Letting Strategy Lead Your 2. Having to Do
advancements and even societal, political Employee Benefits Design More with Less Inclusion High on Your
Benefits Agenda
and economic factors. Individually or
together, they have a huge impact on how
we source, retain and engage our talent.
4. Putting a Focus on 5. Harnessing the Power 6. Leveraging Digital
Against this ever-changing backdrop, the Employee Wellbeing of Communication Technology
need to evolve our employee benefit

3 | Introduction
1. Letting Strategy
Lead Your Employee
Benefits Design

4 | Letting Strategy Lead Your Employee Benefits Design


As more and more companies are giving For example, in the past a key driver of benefits are part of a larger EVP, HR leaders
HR a seat at the table, they in turn are employee benefits was to be competitive, are designing benefits that directly align
asking for something in return. And that is in fact I spent a good amount of my time with a company’s wider business goals,
a business-led approach to why and how looking at benefit surveys and calling values and culture, to create a benefits
we design our HR programmes. Gone are around to ask my fellow HR colleagues package that is as unique as their company.
the days when we could turn up as a guest what benefits they had and which ones
at the table, saying that we wanted to put they were considering. Nowadays, although
in place a new benefit programme because being competitive is still important,
we ‘felt it was the right thing to do’ or companies are focussed on developing
because ‘our employees were asking for it.’ their benefits strategy to align with what
We’re expected to provide thorough details makes your business different, rather
around the strategy that has informed than following in the footsteps of others.
our decisions, and ultimately, our asks.
This is why now, more than ever, employee
And rightly so, for every benefits decision benefits work hand-in-hand with a
we make should be solidly built on our company’s Employee Value Proposition,
benefits strategy, our foundation. which is what you portray to candidates
when recruiting new talent, and what keeps
This is especially important as we think of
your people from leaving – it’s what makes
benefits that are fit for the future, since most
your company different from the one down
likely the strategy, the ‘why,’ has changed.
the street. By understanding that your

5 | Letting Strategy Lead Your Employee Benefits Design


Spotlight on These values, which were developed to drive the company mission
Reward Gateway: of ‘make the world a better place to work’ ensured that the benefits
truly aligned with and supported the business and its people.

When I was Reward Director at Reward Gateway and was developing


our benefits strategy, company values such as ‘Be Human’ and ‘Think
Global’ directly influenced the design of our rewards strategy and
our guiding principles. As these values talk about understanding
and respecting what makes each employee unique, the principles
included words such as ‘fairness’ and ‘balance’ to ensure that these
sentiments were woven into each and every benefits programme.

And it was with this new strategy that we changed benefits


such as our holiday benefit in these two ways:

1. We removed holiday entitlement based on years of service


as this did not align with the strategy of ‘fairness.’

2. We introduced holiday buying and selling to align with the


At Reward Gateway, all employee benefits are put on full display via the organisation’s
strategy of ‘choice.’
employee engagement hub, boom!

6 | Letting Strategy Lead Your Employee Benefits Design


Overcoming
challenges with
the right benefits
programmes
We’ve already determined that your benefits
strategy should be aligned to your overall
company goals and reflect what makes your
business unique, but another way that the
‘right’ benefits programmes can help your
business is by directly addressing challenges.
Some of the challenges I’ve found benefits
can directly help with are in the areas of
recruitment, retention or engagement. When
you isolate these particular challenges, you
can then build your overarching benefits
strategy around meeting these needs. Let’s
take a look at how this works:

7 | Letting Strategy Lead Your Employee Benefits Design


Spotlight on further and providing extra benefits to make life easier. These new benefits included a Cycle
Welcome Break: to Work scheme, discounted car leasing and an EAP. Adding to that, Welcome Break also
added two new centralised hubs dedicated to financial advice and loans and a more holistic
Welcome Break, a motorway service employee wellbeing one. The team also re-focussed their attention on their existing employee
operator, identified a recruitment and discounts programme.
retention challenge following the EU
The result of their efforts was an 8% reduction in turnover, and a £135k decrease in
referendum and Brexit. Many new starters
spending on recruitment agencies.
were leaving the company to return
to their home country, which greatly
reduced the applicant pool and the
possibility of new starters staying with
the company for long-term careers.

To address this, Welcome Break looked at its


benefits offerings to see how it could offer a
more rounded approach to help attract and
retain people. Working with Reward Gateway,
the team rebranded their engagement hub,
‘My Welcome Break,’ to simplify the logo
and content to show that the site was about
capturing hearts and minds of their people
through helping them make their pay go

8 | Letting Strategy Lead Your Employee Benefits Design


2. Having to Do
More with Less

9 | Having to Do More with Less


Another challenge that all businesses are facing is the concept of doing more with less. Why an employee discounts
Whether it’s less money, less time or both, we are all being put in the position to find programme makes a lot of ‘cents’!
ways to overcome these challenges in an increasingly more demanding world. It’s absolutely critical to get a return on your investment
(ROI) from your benefits programme, even if they don’t

Doing more with less...money cost a lot of money.

We all wish we could have a magic wand and give our employees absolutely everything An employee discounts programme does this better than

they ask for, don’t we? But the reality is that especially during uncertain times, your many others as it gives your employees something that

business is likely putting pressure on HR to cut costs, while your employees are looking each and every one of them want - a way to save money!

to the business to lend support where they need it most – their wallets. It also shows that you care about them, putting in place a
benefit that will support them and

9.5 million Brits have mental health issues due to money worries, with more than 18 make their pay cheque go further.

million UK adults worrying about money on a daily basis, and a third saying their Discounts programmes are typically
concerns affect their sleep. used more often than many

(Source: N26, a British online bank).


benefits since it ties into employees’
everyday spending, leading to

So how can you satisfy both parties and boost your employees’ incomes, while also greater ROI for your business.

keeping your CFO happy? An online discounts programme

There’s been an increasingly popular trend over the years to provide benefits to can be set up, fully implemented

employees that can take away some of these financial concerns, helping to stretch and and made available to every

extend their disposable income and create financial flexibility. employee in less than a week,
so your employees can start
saving straight away.
10 | Having to Do More with Less
One of my ‘go-to’ questions to ask in this situation is – does the benefit programme apply
and appeal to a large percentage of my workforce? Too often we have benefits in place
There are a variety of benefits that can
that only a small percentage of our population is eligible for and/or only a small percentage
do this, from pension salary sacrifices
actually utilise. To me, these sit firmly in the ‘why bother’ category, as they are taking up too
to cycle to work schemes to online
much of our precious benefits budget.
employee discount platforms.

Any or all of these will help your employees


do more with less.

With the cost of benefits rising year on


year, and with benefit budgets being cut
and/or scrutinised due to business and
pay challenges directly or indirectly related
to COVID-19, HR teams everywhere are
being asked to find ways to deliver more
benefits value with less money. What
this means is that we need to make sure
that each and every pound we spend
on benefits delivers the most value, the
most return on our financial investment.

11 | Having to Do More with Less


Finding your ROI in
employee benefits
The sweet spot of benefits are those
that apply to a large percentage of your
population AND appeal to a large percentage
of your population, something you should be
tracking and analysing constantly through
your benefits data. Here’s a chart showing
this sweet spot, where there is a high ROI
for your business and for your employees.

12 | Having to Do More with Less


Doing more with Right now, HR is being asked to wear multiple ‘hats,’ or as I like to say, they are playing the role
of the ‘agile architect’ where every day there are new priorities and challenges to overcome!

less...time
I firmly believe our most valuable currency
isn’t actually cash – it’s time. Whether you are
saving your employees time, or whether you
are part of a time-poor HR team (or a team
of one!), getting time back creates flexibility
for HR to concentrate on more impactful
strategic initiatives.

After all, who wants to spend all day fielding


messages about new benefits policies,
broken pages or out-of-date information?
Not me.

If you invest in the right kind of solution


to help your team save time, your
employees will reap the benefits, too.

13 | Having to Do More with Less


So how can you get back your precious time? Let’s take a look at how this might work within your business:

Ways to save employees time Ways to save HR time

1. Centralise the employee experience. 1. Consolidate benefits and HR tech providers

One of the biggest reasons that employees don’t understand and/or don’t use benefit It’s common to use a variety of providers and technologies to support your HR initiatives,
programmes is that they don’t have the time (or patience) to search for them. e.g. having one for benefits, another for communications, and another for reward and
recognition. Many companies are bringing these together under one provider and one
And for this reason, many companies have put all of their benefits in one place, on one system, which not only saves them money through reduced fees, but also saves them
benefits platform, saving employees time from this frustrating search, and at the same administration time as administrators can make changes or access approvals all in
time, creating a more engaging experience and environment for them. one go.

2. Offer instant access 2. Deliver real-time insights

Another reason that employees don’t use benefits is that they want to view and use Another time saver that is becoming more important to HR is being able to easily access
their benefits in their own time, rather than waiting for a window or a notification in their insights about your programmes. This provides visibility on key data such as take-up
email/post. And for this reason, many companies are providing their employees with rates, adoption by user groups, and what content is being engaged with, which allows
mobile-optimised platforms or specific benefits apps that busy employees can use on the HR to keep their finger on the pulse of their benefits and save them time by focussing on
go and in their own time. which benefits will deliver the most ROI.

3. Make it intuitive

And finally, employees don’t engage with benefits because of the friction points we put
in front of them to access and engage, wasting their time and energy. To overcome this,
companies are moving to providers that make benefits access easy and intuitive whether
you are 18 or 90 years old.

14 | Having to Do More with Less


Spotlight on further, using our benefits as a way to forge
YMCA: together the culture of our new group. We
also wanted to show our people that they
were worth investing in, and that we cared
When four YMCAs in London merged to for them” Nicola Kent, Head of Organisational
form YMCA St Paul’s Group in 2018, the Development at YMCA St Paul’s Group said.
organisation became the largest YMCA in
all of Europe. As part of the merger process,
the team was tasked with aligning and
improving employee benefits along with “We determined very early on that a
a review of other reward and recognition key driver of employee engagement
programmes. As the largest Association, was the ability to recognise and reward
other YMCAs in the wider YMCA Federation staff in a way that was flexible and
were starting to look to the organisation instantaneous. The ability to openly
to be trailblazing and leading the way. and transparently recognise good
performance and reward those who
Alongside a challenge of having to align go the extra mile shows that we value
vastly different benefit offerings, YMCA’s the contribution of our staff and want
position as a charity meant they had the to visibly show our appreciation.”
added challenge of limited budgets. “We
needed to make sure that our money went

15 | Having to Do More with Less


Marjorie James, Director of People. And allowed them to take advantage of instant
so in the midst of the COVID-19 lockdown, discounts on their weekly shopping
YMCA SPG launched ‘Thrive,’ its new online from many major supermarket chains.
one-stop-shop employee engagement
YMCA was also able to provide
hub. The new hub brought together several
wellbeing support to staff working
elements to engage its employees, such
from home, who were feeling isolated
as online discounts to support financial
or facing challenges of combining
savings, a new focus on wellbeing with
working with family commitments.
a dedicated wellbeing portal and a
fresh digital recognition programme. “This new offering has been a great
way to help our small budget go
It was rolled out to staff who were
further, improving existing benefits
working home, within the office and
along with new ones, and showing
sites spread across 40 sites throughout
everyone that we give them as much
London and also to those who had been
as we can” said Efrat Burl, HR Business
furloughed due to service closures. As
Partner YMCA St Paul’s Group.
many of the YMCA staff had accepted
a reduction in pay of around 20% it

16 | Having to Do More with Less


3. Keeping Diversity
and Inclusion
High on Your
Benefits Agenda

17 | Keeping Diversity and Inclusion High on Your Benefits Agenda


Over the years our workforces have become to attracting, retaining and engaging a Conduct a diversity review
more and more diverse, not only in terms of diverse (and awesome) workforce.
Line up each of your benefit
generations but in terms of so many other
Here are four trends and things to consider programmes and determine which
attributes such as race, religion, gender, etc.
as you design benefit strategies and parts of your workforce they
To address this, most if not all companies
programmes that meet the current and meet the needs and expectations
are starting to add diversity & inclusion (D&I)
future needs of D&I. Of course, the first step of and which they don’t.
as a core part of their people strategy, and
to all of this is having a documented D&I Consider all aspects of diversity
in turn are thinking about how it applies to
strategy, so if you don’t have one already, – age, gender, race, religion, etc.
their overall employee benefits strategy.
I suggest adding that to your agenda! Once doing this, map out and
determine which diversity-related
In fact, according to the Towers Willis Remove conscious and unconscious changes should be made.
Watson 2019 UK Benefits Survey, 60% bias from benefits design
of companies are prioritising D&I in their Weave flexibility and choice
benefits design. Explore if and how conscious and into benefits design
unconscious bias is built into your
Companies need to recognise that benefits programmes. Going back Consider introducing flexibility and
employee benefits have a critical role to my example of tenure-based choice into your employee benefits
to play in demonstrating a company’s holiday entitlement, consider the design. Since there is not one
commitment to D&I. By designing a bias that this benefit design has, ‘size’ of employee, your benefits
benefits strategy that drives D&I, and treating long serving employees, approach cannot be approached
then developing benefit programmes who often are older, better than with a ‘one-size-fits-all’ mentality.
that support D&I, you’re well on your way those new to the company. Going back to my holiday trading

18 | Keeping Diversity and Inclusion High on Your Benefits Agenda


example, that’s exactly what this Many companies are considering D&I when it comes to benefits regarding ‘time,’ as they put
design offers, choice as to whether in place a more flexible approach to holiday entitlement, leave policies and even looking at
your employees want and need flexible public holidays, all reflecting and respecting their diverse workforce.
more time or more money.
A few other areas where your HR team team could put their D&I hats on to make
Utilise on-demand benefits improvements are:
as a means for choice

Consider ‘on-demand’ benefits


that employees can use 24/7 by
accessing them anywhere, at any
time. These not only incorporate Pensions Parental Days off for Professional
the point above regarding flexibility Leave Volunteering Development
and choice, but mirrors how most
of us, regardless of demographic,
live our lives. A great example
is an online discount benefit,
something that can meet the
needs of a very diverse workforce
and can be used whenever
employees choose to do so.

19 | Keeping Diversity and Inclusion High on Your Benefits Agenda


4. Putting a Focus
on Employee
Wellbeing

20 | Putting a Focus on Employee Wellbeing


A 2019 UK benefits survey found that only three-fifths of employers are looking to improving the physical health of
26% of UK businesses have a wellbeing enhance their wellbeing programmes, your employees, companies are
programme in place, despite the fact that which is probably due to the fact that so now focussing on the multiple
this same survey reported that 97% of many either added them in haste and/ pillars of wellbeing for a more
these businesses recognised the positive or have realised how much more work holistic approach. These pillars
impact it could have on both employees they need to do in this important area. often include physical, financial
and the organisation. Another 2019 and mental, and all should be built
Companies, regardless of industry, size
survey from HR consulting firm Buck into your wellbeing strategy.
and location no longer consider wellbeing
supplemented these findings, saying that
a ‘nice-to-have,’ but a ‘have-to-have,’ and Understand your employees’
76% of businesses plan on incorporating
are focussing on how they can support wellbeing needs
wellbeing into their overall benefits
the overall wellbeing of their workforce.
strategies, so change was on the horizon. Start by understanding the
Here are five trends and things to wellbeing needs of your workforce,
consider as you develop your wellbeing addressing both the diversity
Fast forward to 2020 and the picture is
programmes for today and the future: of who they are and what they
very different, with companies putting
want and need. A great way
their foot to the pedal to put in place
The definition of wellbeing to do this is through employee
wellbeing programmes to meet the
has changed pulse surveys, giving you valuable
demands and challenges of COVID-19.
insight into exactly what your
Keep in mind that the definition of employees are thinking.
In fact, according to a 2020 COVID-19 UK employee wellbeing has evolved.
benefits survey from Willis Towers Watson, Where it once was all about

21 | Putting a Focus on Employee Wellbeing


Choose tools that support it’s by designing more flexible
individual wellbeing needs work patterns, work from home
arrangements or condensed work
When it comes to wellbeing, making
schedules, find ways to improve
it personal is the key. It’s important
your policies to complement
to put in place wellbeing benefits
employee wellbeing. One note
that offer choice, supporting your
of caution is to balance flexibility
employees’ individual quests to
with wellbeing, making sure that
lead healthier lives, choosing tools
the lines don’t blur between
and programmes that best fit their
‘home time’ and ‘work time.’
goals, interests and lifestyles.
Use recognition as a wellbeing tool
Review and evolve your
flexible working approach Employee recognition is a great
way to drive and support employee
Flexible and remote working were
wellbeing. Studies have shown that
once seen as an innovative perk,
employees who are recognised
but as a result of COVID-19, many
will feel more valued and more
businesses have been forced to
appreciated, which can boost
adopt it, and have in turn realised
their confidence, improve overall
that remote and flexible work
company morale and generally
can have a positive effect on
make your employees feel happier.
employee wellbeing. Whether

22 | Putting a Focus on Employee Wellbeing


Spotlight on
Macmillan Cancer Support:

Macmillan Cancer Support, one of the largest


British charities, made the decision to broaden its
wellbeing offering during the pandemic to improve
morale with a renewed and more holistic approach.
With nonprofits being hit especially hard financially
and employees experiencing increased stress as
a result, Macmillan made the mental, physical and
financial wellbeing of its people one of its biggest
priorities throughout the COVID-19 pandemic.

The team launched an online Wellbeing Centre at the


start of the pandemic, giving employees full access to
hundreds of videos and articles on improving physical,
mental and financial wellbeing, and within one month
it received more than 1,000 views. The Centre can
be accessed directly through a tile on its employee
engagement platform, Top Banana’s homepage,
which makes it easy to use and stays top of mind.

23 | Putting a Focus on Employee Wellbeing


5. Harnessing
the Power of
Communication

24 | Harnessing the Power of Communication


I can remember when we’d spend tons of Here are five trends and things to consider that they will be consumers of
time and money developing dry, boring as you harness the power of benefits your benefit. For example, if
and technical benefits communication communication for today and the future: you’re launching a new discount
material, and then wonder why no one benefit, ask yourself, what will
was reading it or taking the actions as Think of your employees my employees like best about
instructed. Times have certainly changed, as consumers it? It’s probably being able to
as benefits professionals are realising that save money at their favourite
If your benefits communication is
they need to put the same amount of effort retailers, so when you develop
to be effective it first needs to be
into their communication as they do into your communication put those
consumable and action-oriented,
their benefits design and administration. retailers under the spotlight.
so employees need to be able to
And that’s because one of the most access the benefit and interact Create a strong brand
powerful tools to deliver an ROI on your with it, with a specific goal in mind
Another way to get your employees
benefits is communication, something to use or ‘purchase’ the benefit.
to engage with your benefits
that gives your benefits the voice
One way I’ve done this is by starting communication is by creating a
and spotlight it needs and deserves.
with the question ‘WIIFM,’ which strong brand for them. By doing
Without communication, you risk your
stands for ‘what’s in it for me’? this you are connecting with your
benefits not being understood, not
If you can figure out what your employees at an emotional level
being used and not being engaged
employees will get out of your and at the same time creating
with, all of which are essential goals for
communication, you can then benefits brand recognition to draw
any successful benefits programme.
structure your communication them in time and time again.
messages to draw them in so

25 | Harnessing the Power of Communication


Here are a few examples of great Personalise benefits communication help recommend similar benefits
benefits branding: on the platform, like a cycle to
Another way to boost engagement
work scheme, which helps drive
with your benefits communication,
Orbit Build a Bear awareness and usage. This type
and in turn, the benefits you’re
of communication can take place
promoting, is by personalising the
during the enrollment process, or
communication you send to them
through reminders or alerts while
in the same way that companies
an employee is engaging with other
like Netflix and Amazon do with
elements of a centralised hub.
their marketing messages. By
Kettle Foods Canine Partners segmenting your workforce Use storytelling to
and your communications, you create engagement
make sure that the messages
An effective trend in benefits
are directly relevant to your
communication is storytelling,
employees, seeing only what
sharing stories of how your
matters most to them personally.
employees are using their benefits
Border Biscuits For example, if an employee is in and the difference it’s made in
the process of enrolling in benefits their day-to-day lives in blogs
and enrolls in private medical or news posts. The benefits of
insurance, the right kind of benefits storytelling is that stories can bring
administration technology can dull facts to life and create stronger

26 | Harnessing the Power of Communication


engagement with your employees. You can also
use stories to change employees’ opinions, shape
their feelings and ultimately guide their actions.

Bring your benefits communication all together

And finally, one of the most powerful benefits


communication tools are total reward statements.
These are a great way of bringing together
the overall value of benefits to your workforce,
allowing them to see their own tailored benefits
picture, and at the same time raising awareness
of the individual benefits programme.

The trend has been to move these statements


online with real-time data, making it easier
to access and refer to them over and over
again, as well as to link directly with individual
benefit pages so that employees can easily
engage with and make use of them.

27 | Harnessing the Power of Communication


Spotlight on
Plymouth Community Homes:

Plymouth Community Homes (PCH), an


independent housing association, faced challenges
in communicating to their workforce, with its staff
survey showing a drop in satisfaction with internal
communications as employees couldn’t access and
engage with their existing intranet site and with their
benefit programmes. The solution was to put in place a
new internal communications platform that they named
‘Jannet,’ since in Plymouth people are called Janners.

By combining corporate news and operational updates


with its employee benefits on Jannet, PCH have made
it easier for employees to access communications and
important benefits information. The results have been
impressive, with 93% of their workforce registering
for Jannet and engaging with its messaging.

28 | Harnessing the Power of Communication


6. Leveraging
Digital Technology

29 | Leveraging Digital Technology


Technology is another area that has and Create a central source Companies are finding that if
will continue to change dramatically in for your benefits they integrate their other key
order to meet the changing needs of workplace applications such as
One of the best ways to make
our businesses and of our workforces. Slack, Yammer and Okta into their
sure your benefits have a strong
current workplace technology,
With more remote workers, flexible work ROI is to make it easy for your
it makes it easier for employees,
schedules and with the increased need to employees to find and use them.
and at the same time creates a
be nimble and move quickly, technology is And for this reason, more and more
‘stickiness’ that brings employees
critical in the evolution of employee benefits. companies have unified their benefit
back time and time again. It’s an
programmes into a centralised
additional way to raise awareness
engagement hub, that one central
A recent survey from Willis Towers and engagement at every click.
source where employees can go
Watson supports the focus on
to view information on benefits, Personalise user experience
employee experience in benefits,
find the right documents and
noting that 70% of HR professionals Another trend taking shape is to
policies, and access benefits directly
surveyed are now set to prioritise personalise the user experience.
through self-service options 24/7.
their focus on online portals or apps, While we discussed this when it
while two-thirds (66%) will implement Develop an integrated comes to benefits communication,
or enhance employee self-service. user experience you can also use personalisation
in the actual benefits employees
Taking the concept of a single
see on the benefits portal.
Here are five trends and things to consider source to the next level, another
as you leverage digital technology for today technology trend is to create a more By doing this, employees only
and the future: integrated overall user experience. see benefits they are eligible

30 | Leveraging Digital Technology


for and messages that relate to our benefits programmes and
them, focussing their attention budgets in the most effective
and actions where it matters, way. And through technology,
and not bombarding them with we’ve been able to access real-
information that is not relevant. time data, allowing us to evaluate
successes and failures, and tailor
And for those seeking higher
our benefits strategy as needed,
adoption rates for their benefits, this
helping us to design benefits
personalised and instant approach
that meet the needs of our
has been proven to be key. With
employees and the business.
a generation of employees who
have these expectations, wanting Streamlined administration.
immediacy and personalisation,
The final trend relates to benefits
this approach engages them and
administration, something that I’m
aligns with their ways of using
sure you agree can take up a vast
technology in their personal lives.
amount of your valuable time.
Real-time reporting.
Technology has been a blessing
The next trend relates to data, in this area as manually managed
something we’ve come to expect benefits processes and exports
and depend on to help us make can be automated and run on their
informed decisions and to manage own without your involvement.

31 | Leveraging Digital Technology


Spotlight on
Kellogg’s:

At Kellogg’s, they provide employees


with benefit choices through ‘CornFlex,’ a
programme that combines flexible benefits
(e.g. medical cover, Cycle to Work and Holiday
Trading) with ongoing online discounts.

By having one central place to find and


select their benefits, it’s created a more
engaging and personalised experience for
their workforce. And for the HR team, the
technology that sits behind CornFlex makes it
easier to manage and easier to communicate
in a more meaningful and effective way.

32 | Leveraging Digital Technology


Conclusion
I hope this eBook has helped you think differently
about the employee benefits journey your business
may be on. Whether you’re looking to reevaluate
your technology, invest in personalised and engaging
communications or expand your benefits strategy
to align with your business goals, taking just one of
these six trends to heart will improve your
benefits engagement.

My friends at Reward Gateway are here to explore


new employee benefits options with you and help you
do more with less, as we all continue to navigate a
challenging and ever-evolving environment in HR.

I wish you the best of luck on developing your own


future benefits strategy!

Debra Corey
Best-Selling Author and Advisor to Reward Gateway Reward Gateway delivers the only employee
debra.corey@debcohrltd.com engagement platform with industry-leading employee
benefits, reward and recognition, communication tools
and surveys all in one place.

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