Employee benefits should focus on wellbeing needs

8% want special rates on insurance

Hemma Visavadia
clock • 1 min read

Around one in four (23%) employees expressed that their benefits packages need to better support their wellbeing, such as how to manage stress, according to WorkLife by OpenMoney research.

The Small Business Monitor, conducted in March among 759 senior financial and HR decision makers in UK SME companies, found that on top of wellbeing support, employees want increased flexible working options (32%) and training and development opportunities (27%). Meanwhile, a further 9% wanted better fitness services and gym memberships benefits, while 8% wanted special rates on insurance and personal technology.   Other options for employee benefits included payroll loans (16%), cycle to work schemes (14%) as well as green benefits (13%), such as electric vehicle purchase schemes.   ...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Mental health tops employer concerns for 2026

Mental health tops employer concerns for 2026

Everywhen research findings

Jaskeet Briah
clock 17 February 2026 • 1 min read
Broadstone expands Sovereign Risk Management's absence insurance offering

Broadstone expands Sovereign Risk Management's absence insurance offering

Tackle employee absence challenges

Jaskeet Briah
clock 11 February 2026 • 2 min read
Health Shield Wellbeing boosts menopause support

Health Shield Wellbeing boosts menopause support

Partnership with My Menopause Centre

Jaskeet Briah
clock 10 February 2026 • 1 min read