Attracting and retaining top talent

As the war for talent intensifies, businesses are looking for any opportunity to differentiate and get ahead. Attracting, retaining and engaging talent is the top priority for most HR leaders. In addition, mental health deterioration and workforce exhaustion are proving to be high-priority business risks that leaders must urgently address in order to maintain a healthy and thriving workforce People Risk Report 2021.

 

In this environment, a uniform set of benefits offered to all employees – regardless of whether they use them or not – just won’t cut it anymore. Instead, leading companies have evolved their benefits to become more personalised, collaborative and flexible.

 

Find out the key employee benefit movements to ensure you are staying competitive in the market in attracting and retaining talent. 

Winning the war for talent with employee benefits

In the war for talent, are your employee benefits helping you win? Chi Tran, Head of Market Insights and Data at Mercer, breaks it down.

Evolving benefits at a glance

Some clear themes have emerged from this year’s Australian Benefits Review (ABR), surveying 378 Australian organisations from a range of industries on their HR policies and benefits offerings.

Wellbeing

 

Mental health has been marked as the #2 people risk (People Risk Report 2021), with workforce exhaustion #3. Organisations are providing more resources and employee sessions to look out for their people.

Flexibility


Working from home is here to stay, as is the greater understanding of when and by whom, formalised in a policy to support flexible working arrangements.

What are the key priorities?

Employee experience is a pivotal driver that energises employees, enabling a more productive and engaging experience at work. Well, what should we do next? Are your benefits still relevant?

 

Download the insights and learn more about the recommendations to consider when reviewing your employee benefit policies. 

 

If you're ready to review your benifits program, please ask us about the Australian Benefits Review (ABR). It is the most comprehensive benchmark and reference guide on all major HR policies and benefits practices in the market. New data is avalible now.


 

Get in touch with Mercer...

 

Jessica Balcombe
General Market Product Lead, Pacific

 

Chi Tran
Market Insights and Survey Data Business Leader, Pacific

 

 

 


Download the trends and insights from the Australian Benefits Review 2021

To download the Trends and Insights 2021 Employee Benefits report complete the form below and a Mercer Consultant will be in contact with you.

 

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