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Survey Report

Supplementary Welfare Benefits India Pulse Survey Findings

December 6, 2021

Findings from our recent survey around setting up benevolent funds, considerations and its financial implications for companies.
Retirement|Benessere integrato
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Considering the ongoing pandemic, more employers have shown interest in increasing staff welfare measures in order to provide additional security to their employees and families. Willis Towers Watson recently conducted the Supplementary Welfare Benefits India Pulse Survey which shared insights into what employers are thinking about benefits like benevolent funds, considerations and related financial implications while setting up these funds.

About the survey

Key findings from the survey

56%

of the employers either are providing or considering to provide welfare benefits in addition to Group Term, Group Medical or Accidental Death and Disability cover

32%

of the employers are open to evaluate whether they should go in for such supplemental benefits for employees

67%

employers wish to provide on priority financial support in the event of a serious illness an employee may suffer as a supplemental benefit

38%

employers have said that insurer-managed Benevolent Funds is a preferred funding option for supplemental benefits

Please complete the form below to receive the key findings of the survey. If you want to speak to a Willis Towers Watson expert around the survey findings, please write to WTWIndia@willistowerswatson.com.

Download Supplementary Welfare Benefits India Pulse Survey Findings

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