How to engage a diverse workforce through personalised employee benefits
Particular benefits
We think it’s important to focus on why employees would want or need a particular benefit. The benefit needs of a ‘millennial’ will be different from a ‘baby boomer’ approaching retirement. The customers (your employees) have differing needs and Premier believe that one size doesn’t fit all. The ability to personalise the benefits package is absolutely vital if you are going to engage all sectors of the workforce and create a Return on Investment.
Technology
Technology can be an enabler to address these trends i.e. flex options, personalisation, self-diagnosis tools, financial modelling tools, modern communication and immediate access makes a difference to the ‘day to day’ needs of your staff. Content that drives staff to engage regularly with your benefits, Total Rewards Statements (TRS), access via mobile enabled 24/7, and a more personalised approach – meets real lifestyle needs. From the employer’s perspective, admin can be kept efficient and simple, with quality service support from an advisor.
The author is Chris Elsey, senior consultant at Premier.
This article is provided by Premier.
In partnership with Premier Benefit Solutions
Premier is an employee benefit, pensions & wealth management group of companies.