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HR Leader's Guide to Employee Benefits 2024
The role of employee benefits has become increasingly important in the modern workforce. As talent shortages plague many organisations, and leaders work hard to stand out among competitors, benefits can prove a useful tool in securing in-demand talent and plugging skills gaps.
Following the pandemic, employees have placed a greater emphasis on personal wellbeing. We’ve witnessed these themes time and again as candidates often prioritise benefits over wages. From better financial security and mental health support to development and flexibility, effective benefits can encompass all aspects of business.
HR Leader’s Guide to Employee Benefits 2024 will unpack the top considerations for leaders creating a benefits plan. Acknowledging what the workforce values and using these trends to craft appealing workplace benefits policies can help both employees and employers thrive.
Specifically, the guide explores:
- Rewards and recognition
- Salary packaging and novated leasing
- Superannuation with MoneyGPS
- Learning and development
- Payroll with Australian Payroll Association
- Wellbeing with Gallagher
- Diversity, equity, and inclusion
Benefits are integral to the overall employee experience, impacting recruitment, retention, job satisfaction, and organisational success. Employers who prioritise a comprehensive and flexible benefits package are more likely to retain a motivated workforce.
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