2020 Benefits Strategy & Benchmarking Survey Report
Gain a better perspective to redefine reward & benefits and re-engage your employees.
ACCESS THE INSIGHTS
2020 Benefits Strategy & Benchmarking Survey Report
Gain a better perspective to redefine reward & benefits and re-engage your employees.
ACCESS THE INSIGHTS
The results of Gallagher's 2020 Benefits Strategy & Benchmarking Survey show that organisations are focused on providing fairer employee benefits and rewards. In addition to our usual detailed focus on organisational, financial, career, physical and emotional wellbeing, we've also asked HR Practitioners about the likely impact COVID-19 will have on their reward and benefits strategies going forward.
The results of Gallagher's 2020 Benefits Strategy & Benchmarking Survey show that organisations are focused on providing fairer employee benefits and rewards. In addition to our usual detailed focus on organisational, financial, career, physical and emotional wellbeing, we've also asked HR Practitioners about the likely impact COVID-19 will have on their reward and benefits strategies going forward.
62%
ALLOW EMPLOYEES
TO WORK FROM HOME REGULARLY
54%
POLL EMPLOYEES
ABOUT BENEFITS
AND WELLBEING
70%
ALLOW EMPLOYEES TO CARRY OVER UNUSED HOLIDAYS INTO 2021
65%
EMOTIONAL
WELLBEING
47%
LEAVE
POLICIES
39%
MEDICAL
BENEFITS
Educating the workforce about mental health issues, ensuring access to affordable treatment, and adjusting leave and return-to-work policies destigmatizes a relatively common experience. These efforts also help control costs by promoting proactive care.
2020 Benefits Strategy & Benchmarking Survey Report
Gain a better perspective to redefine reward & benefits and re-engage your employees.
ACCESS THE INSIGHTS
The results of Gallagher's 2020 Benefits Strategy & Benchmarking Survey show that organisations are focused on providing fairer employee benefits and rewards. In addition to our usual detailed focus on organisational, financial, career, physical and emotional wellbeing, we've also asked HR Practitioners about the likely impact COVID-19 will have on their reward and benefits strategies going forward.
The results of Gallagher's 2020 Benefits Strategy & Benchmarking Survey show that organisations are focused on providing fairer employee benefits and rewards. In addition to our usual detailed focus on organisational, financial, career, physical and emotional wellbeing, we've also asked HR Practitioners about the likely impact COVID-19 will have on their reward and benefits strategies going forward.
62%
ALLOW EMPLOYEES
TO WORK FROM HOME REGULARLY
54%
POLL EMPLOYEES
ABOUT BENEFITS
AND WELLBEING
70%
ALLOW EMPLOYEES TO CARRY OVER UNUSED HOLIDAYS INTO 2021
65%
EMOTIONAL
WELLBEING
47%
LEAVE
POLICIES
39%
MEDICAL
BENEFITS
Because at a time when everything has changed — new products and services, new delivery methods, new ways of working — you need the very best benchmarking data and insights to help guide your organisation to better business outcomes.
Educating the workforce about mental health issues, ensuring access to affordable treatment, and adjusting leave and return-to-work policies destigmatizes a relatively common experience. These efforts also help control costs by promoting proactive care.
2020 Benefits Strategy & Benchmarking Survey Report
Gain a better perspective to redefine reward & benefits and re-engage your employees.
ACCESS THE INSIGHTS
The results of Gallagher's 2020 Benefits Strategy & Benchmarking Survey show that organisations are focused on providing fairer employee benefits and rewards. In addition to our usual detailed focus on organisational, financial, career, physical and emotional wellbeing, we've also asked HR Practitioners about the likely impact COVID-19 will have on their reward and benefits strategies going forward.
The results of Gallagher's 2020 Benefits Strategy & Benchmarking Survey show that organisations are focused on providing fairer employee benefits and rewards. In addition to our usual detailed focus on organisational, financial, career, physical and emotional wellbeing, we've also asked HR Practitioners about the likely impact COVID-19 will have on their reward and benefits strategies going forward.
62%
ALLOW EMPLOYEES
TO WORK FROM HOME REGULARLY
54%
POLL EMPLOYEES
ABOUT BENEFITS
AND WELLBEING
70%
ALLOW EMPLOYEES TO CARRY OVER UNUSED HOLIDAYS INTO 2021
65%
EMOTIONAL
WELLBEING
47%
LEAVE
POLICIES
39%
MEDICAL
BENEFITS
Because at a time when everything has changed — new products and services, new delivery methods, new ways of working — you need the very best benchmarking data and insights to help guide your organisation to better business outcomes.
Educating the workforce about mental health issues, ensuring access to affordable treatment, and adjusting leave and return-to-work policies destigmatizes a relatively common experience. These efforts also help control costs by promoting proactive care.
Redefining business and people strategies will set the scene for the months and years to come, and determine the extent to which employees feel engaged and productive at work. This year's report has highlighted a number of areas in which change is already happening or is likely to begin as organisations return to work.
40%
HAVE IMPLEMENTED AN ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) STRATEGY
In light of the growing importance placed on the environment and supporting eco-friendly initiatives with one's wallet, a new question was asked in this year's survey around ESG strategies. 2 of 5 respondent organisations declared that they have implemented an ESG strategy, with a third of these stating the strategy also applies to their pension fund investment approach and related internal communications.
DOWNLOAD THE
EXECUTIVE SUMMARY
Redefining business and people strategies will set the scene for the months and years to come, and determine the extent to which employees feel engaged and productive at work. This year's report has highlighted a number of areas in which change is already happening or is likely to begin as organisations return to work.
33%
OF EMPLOYERS ARE CONSIDERING DOCTORS' SERVICES AND PRIVATE MEDICAL INSURANCE (PMI) AS A RESULT OF COVID-19
A third of employers who intend to introduce new benefits for their people as a result of the impact of COVID-19 say they are eying up PMI - so it will come as no surprise if PMI penetration rates rise over the next 12 months. The most forward-thinking employers will not only respond to these findings and make the necessary changes, they will proactively enable more flexibility.
DOWNLOAD THE
EXECUTIVE SUMMARY
Redefining business and people strategies will set the scene for the months and years to come, and determine the extent to which employees feel engaged and productive at work. This year's report has highlighted a number of areas in which change is already happening or is likely to begin as organisations return to work.
52%
PLANNING CHANGES FOR 2020 INTEND TO IMPROVE THEIR BENEFIT COMMUNICATIONS
The new focus on 'why' over 'what': Taking stock of people's experience with their benefits package and expectations in terms of future improvements is the best way an organisation can maximise the return on investment of their people strategies
DOWNLOAD THE
EXECUTIVE SUMMARY
Redefining business and people strategies will set the scene for the months and years to come, and determine the extent to which employees feel engaged and productive at work. This year's report has highlighted a number of areas in which change is already happening or is likely to begin as organisations return to work.
HAVE IMPLEMENTED AN ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) STRATEGY
HAVE IMPLEMENTED AN ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) STRATEGY
40%
40%
DOWNLOAD THE
EXECUTIVE SUMMARY
Redefining business and people strategies will set the scene for the months and years to come, and determine the extent to which employees feel engaged and productive at work. This year's report has highlighted a number of areas in which change is already happening or is likely to begin as organisations return to work.
OF EMPLOYERS ARE CONSIDERING DOCTORS' SERVICES AND PRIVATE MEDICAL INSURANCE (PMI) AS A RESULT OF COVID-19
OF EMPLOYERS ARE CONSIDERING DOCTORS' SERVICES AND PRIVATE MEDICAL INSURANCE (PMI) AS A RESULT OF COVID-19
33%
33%
DOWNLOAD THE
EXECUTIVE SUMMARY
Redefining business and people strategies will set the scene for the months and years to come, and determine the extent to which employees feel engaged and productive at work. This year's report has highlighted a number of areas in which change is already happening or is likely to begin as organisations return to work.
PLANNING CHANGES FOR 2020 INTEND TO IMPROVE THEIR BENEFIT COMMUNICATIONS
PLANNING CHANGES FOR 2020 INTEND TO IMPROVE THEIR BENEFIT COMMUNICATIONS
52%
52%
DOWNLOAD THE
EXECUTIVE SUMMARY
Redefining business and people strategies will set the scene for the months and years to come, and determine the extent to which employees feel engaged and productive at work. This year's report has highlighted a number of areas in which change is already happening or is likely to begin as organisations return to work.
40%
HAVE IMPLEMENTED AN ENVIRONMENTAL, SOCIAL AND GOVERNANCE (ESG) STRATEGY
In light of the growing importance placed on the environment and supporting eco-friendly initiatives with one's wallet, a new question was asked in this year's survey around ESG strategies. 2 of 5 respondent organisations declared that they have implemented an ESG strategy, with a third of these stating the strategy also applies to their pension fund investment approach and related internal communications.
DOWNLOAD THE
EXECUTIVE SUMMARY
Redefining business and people strategies will set the scene for the months and years to come, and determine the extent to which employees feel engaged and productive at work. This year's report has highlighted a number of areas in which change is already happening or is likely to begin as organisations return to work.
33%
OF EMPLOYERS ARE CONSIDERING DOCTORS' SERVICES AND PRIVATE MEDICAL INSURANCE (PMI) AS A RESULT OF COVID-19
A third of employers who intend to introduce new benefits for their people as a result of the impact of COVID-19 say they are eying up PMI - so it will come as no surprise if PMI penetration rates rise over the next 12 months. The most forward-thinking employers will not only respond to these findings and make the necessary changes, they will proactively enable more flexibility.
DOWNLOAD THE
EXECUTIVE SUMMARY
Redefining business and people strategies will set the scene for the months and years to come, and determine the extent to which employees feel engaged and productive at work. This year's report has highlighted a number of areas in which change is already happening or is likely to begin as organisations return to work.
52%
PLANNING CHANGES FOR 2020 INTEND TO IMPROVE THEIR BENEFIT COMMUNICATIONS
The new focus on 'why' over 'what': Taking stock of people's experience with their benefits package and expectations in terms of future improvements is the best way an organisation can maximise the return on investment of their people strategies.
DOWNLOAD THE
EXECUTIVE SUMMARY