Infographic: Employers look to go further with their employee benefits

Technology and customisation drive Asia Pacific benefit trends

Highlights from the 2021/2022 Benefit Trends Survey — Asia Pacific

Asia Pacific employers are getting more strategic around benefits

• 72% of employers plan to customise their benefits strategy in the next two years, compared to 24% today

Wellbeing, flexibility and technology are the top strategic benefits objectives for employers

• Focus on integrating wellbeing into the benefits package: 65%
• Increase flexibility and choice: 52%
• Enhance tools and technology to support employees when choosing and using benefits: 45%

Decision-making becomes more complex as employers are pulled in different directions

#1 Tight labour markets (57%)
#2 Increased focus on inclusion and diversity (53%)
#3 Increased remote working (50%)
#4 Advances in technology for benefits (47%)
#5 Increased costs (44%)

Diversity, equity and inclusion top the list of influences globally.

The percentages above comprise those who said these were external influences to a great or very great extent.

Asia Pacific employers measure improvements in wellbeing as the most critical benefits outcome

• 56%: Improved employee wellbeing (physically thriving, emotionally balanced, socially connected and financially secure)
• 51%: Improved employee experience (engagement with employees, how they use their benefits)
• 43%: Effectively managed costs and risks of benefits programmes

Key considerations for employers

• Adopt a digital strategy
  75% of employers plan to have an enhanced digital strategy in the next two years. Don’t get left behind—take action now and adjust as needed.
• Innovate
  Wellbeing, inclusion and diversity—benefits are becoming broader and more inclusive. What does that mean for your organisation?
• Listen and communicate
  Stress and the impact of remote working are taking a toll on your workforce. With a listening strategy, you can be more confident that your programs are making the intended impact on your employees.

About the survey: Asia Pacific findings are based on responses from a total of 1,247 employers representing 3 million employees in the region. The survey was conducted between May 10 and June 25, 2021.