Quarter of businesses not benchmarking benefits: Towergate

According to the group's survey of 500 HR professionals, around 13% of companies said they do not presently benchmark but plan to do so in the future. Of those companies who do benchmark their offerings, around 40% of companies made the assessment by sector, 37% benchmarked by location and 30% did so by the size of the company. Around 45% of those surveyed said this data informs them on which benefits to offer their employees. Over half (58%) said it helps with recruitment and retention as they can inform employees of how their health and wellbeing package compares to others, while...