Whether an organisation is looking to retain its staff, embark on a significant recruitment drive, open a new head office in an unfamiliar jurisdiction or enter new markets, access to great talent and key skills is essential to business growth, writes Marianne Curphey.


healthcare, training and support, and career growth. The ‘Mercer Employee Benefits Market Trends 2024’


W


report highlights the need for benefits for all. Increasing the focus on diversity, equity and inclusion and developing benefit strategies that cater to the diverse needs and preferences of various employee groups within a workforce is crucial. As life becomes more intricate, unpredictable and digital, leveraging benefits as a reflection of company values and making benefits more personal is also important. Mercer’s report says it is increasingly crucial


to provide a diverse range of benefit options and empower employees to select the ones that align with their lifestyle and priorities. This could include considering wellbeing across the entire career lifespan, providing comprehensive, age-inclusive women’s and men’s health, consideration towards caregiving benefits and transitioning to and from the workforce. It is also important for employers to assess the


competitiveness of plans in the market and to adjust their offering to ensure cost-effectiveness and attractiveness to employees.


11


hile flexible and remote working are an important part of international recruitment strategies, employers also need to offer staff attractive benefits. These encompass


GLOBAL LEADERSHIP SUPPLEMENT REWARD


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