Benefits Benchmarking Insights
Find out how you compare with your peers…
The Benchmarking Insights team will help you to compare your employee beneﬁts provision against your competitors and similar organisations in terms of size, industry sector and business type.
They will also provide commentary on any mandatory state provision, emerging trends and oﬀer a consulting focus to employee beneﬁts which looks at detailed scheme design and ﬁnancing.
Tailored reports will also reference relevant ﬁndings and up-to-the-minute analysis from other research generated by WTW, including:
- Beneﬁts Trends survey: With an EMEA participant group of over 1,500 employers, this detailed piece of research outlines the key challenges employers face with their beneﬁt programmes and highlights their top beneﬁt priorities and the role of well-being.
- Global Beneﬁts Attitudes survey: The Global Beneﬁts Attitudes Survey (GBAS) examines the role of beneﬁts in deﬁning and diﬀerentiating today’s employee value proposition. The survey explores the extent to which beneﬁts individually and collectively shape employees’ actions; how closely they align with employees’ employment and lifestyle priorities; and their links to stress, absence, presenteeism and work engagement. The latest biennial edition of GBAS analyses more than 31,000 employee responses in 22 markets.
- Global Medical Trends Survey: Now in its 11th year, this in-depth biennial report asks over 230 insurers across 79 countries for insights on medical costs. It reveals both what is driving them and the cost management techniques employers are using to manage them.
And what action you need to take…
We will then provide you with recommendations to tackle any areas where your beneﬁts package may not be ﬁt for purpose. Easy to understand heat maps colour code areas where there are areas of non compliance, discrepancies or opportunities to re-design.
Our consultants will also advise on the likely impact of market developments and legislative change to make sure your beneﬁts provision is future proofed.