Report
Total Reward Statement – Showing your employees your true investment
The most generous compensation package in the world isn’t worth much if your employees are unaware of its value.
Unleash Your Employee Benefits System HR still needs to harness the power of data to enable benefits systems to be more flexible, adaptable and resilient.
- Not only have more than 40% of employees started to work from home, but virtually every employee is also now concerned about the hygiene, safety, and productivity of their entire work experience. And HR departments have been jumping into action.
- What does this mean to the entire benefits marketplace?
- What has also been intensified as a challenge, is the need to achieve a balance between global consistency and local flexibility, through the centralization of HR operations, but where should you start?
According to estimates from the International Labour Organization, at the end of May 2020, 94% of the world’s workers were living in countries with a degree of workplace closure measures in place.
In this report from Darwin, they look at the shifting objectives of over 500 HR and benefits professionals at multinational organizations, specifically as they relate to benefits and technology. Alongside this, they also surveyed over 2000 employees to find out if the benefits and technology experience they receive from their employers measures up to their expectations.
The results highlighted in this thought-provoking research provide insights on:
- Why there needs to be a drive towards global consistency in our HR and benefits systems;
- How you can provide a better user experience to your employees;
- How to improve the efficiency and security of your data management;
- Using data for meaningful benefits analysis and improvements in your strategies;
- Getting leadership buy-in for a digital-first approach
- How to embrace the new normal whilst fostering employee engagement
Organizations will need to show that they truly empathize with their employees’ needs in the post-COVID world and adopt a culture of listening and caring for their
workforce.
You’ll also hear from Josh Bersin, leading Global Industry Analyst, as he introduces the report with his thoughts on how the COVID-19 pandemic has accelerated HR issues and shifted trends.
So check out how to do this by downloading this report today!
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