Companies that want to attract and retain employees are pumping up their benefits offerings, but as new generations of employees enter the workforce and as current employees’ needs change, the benefits that were once popular can become less so, as employees demand new perks.
In their 2018 Employee Benefits report, the Society for Human Resources Management (SHRM) found that more than 72% of organizations increased their benefits offerings to retain employees in the last 12 months and 58% increased benefits to attract new talent.
The annual survey has tracked benefits over the last five years to see which ones were most desired over time and found that of organizations that increased their benefits, 44% invested more into their wellness benefits. However, to make that investment pay off, companies must anticipate employees’ needs and offer benefits that address specific pain points. Companies must also recognize that those pain points can change over time, so a benefits program needs be flexible so it can change as well. Below are some of the wellness benefits that saw the most change in adoption from employers.
Wellness Benefit Winners
With the knowledge that sitting is the new smoking, standing desks have become very popular. Back in 2014, 20% of companies used them. In 2018, 53% of companies used them, indicating a recognition by both employees and companies about the benefits of not sitting, even in an office setting.