We have had loads of coverage this month, in some really diverse publications.
Just to show that coverage is far from consistent though, I would refer you to the two links below from recent coverage. The one in ‘The Guardian’ is largely pessimistic about the need for Employee Benefits, the other broadly optimistic about the appetite of employers to put benefits in place.
http://www.guardian.co.uk/worklifeuk/poll/do-employee-benefits-ensure-a-happy-workforce-poll
http://www.privatehealth.co.uk/news/november-2011/more-employee-benefits-36169/
As ever, the truth is probably somewhere between the two, but suffice to say that employee benefits often remain very important to employees. However, this is only part of the argument for benefit provision.
A good benefits package carries many additional benefits to the employer. Meeting legal and moral duties, increasing productivity, protection from litigation, tax breaks, and reduced absence are all part of the picture of a well formulated benefits offering.
Overall, benefits are as important now as they ever have been, and arguably more important in difficult economic times.
But don’t take my word for it. Towards the end of ‘The Guardian’ article is the following statement:
Dr Alexandra Beauregard, lecturer in employment relations and organisational behaviour at the London School of Economics, says: “During tough economic times, organisations may think of work-life balance as a luxury they can do without. This is short-sighted – maintaining a motivated and productive workforce is more important than ever in an economic downturn.”
I will keep you posted on any coverage of note.
Best regards
Steve
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