Employers to reform benefits strategies around D&I, ESG: Howden

More employers to act on improving benefit schemes

Hemma Visavadia
clock • 2 min read
Employers to reform benefits strategies around D&I, ESG: Howden

Employers are planning on making serious changes towards their benefits strategies with a new found focus on Diversity, Equity and Inclusion (DEI) and Environmental, Social and Governance (ESG), according to a Howden Employee Benefits & Wellbeing and Reward & Employee Benefits Association (REBA) report.

The changes follow research which found 60% of employers' benefits strategies were not aligned with business goals. However, 90% of employer respondents said they were willing to amend their benefits offering over the next few years. Meanwhile, 46% of businesses said they plan to increase benefit spending in the next two years, with 85% of employers stating they will aim to offer more personalised benefits by 2024. Howden explained that in order to have an effective benefits programme, employers...

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