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Less than half of Singaporean staff satisfied with workplace benefits

According to the 2017 Willis Towers Watson Asia Pacific Benefit Trends Survey, 63% of employers believe their staff highly value their benefits package - while in reality, only 45% agree that they meet their needs.

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The survey found that organisations plan to do this using medical claim data and benchmarking information to inform decisions or changes; financial and nonfinancial metrics to measure the impact; and sharing health and well-being programme performance metrics with the C-suite, senior management, or as a corporate reported metric on a regular basis.

The 2017/2018 Willis Towers Watson Asia Pacific Benefit Trends focuses on high-level trends around benefit strategy, benefit design, health and wellness, retirement plans, benefit delivery and benefit cost. This year’s survey was conducted between April and June 2017, and received responses from over 1,141 large Asia Pacific employers, including 96 in Singapore.

Photo / 123RF

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