Employers are using perks to enhance their benefits and wellbeing strategy and improve the employee experience. Perks allow employers to be agile and responsive to evolving employee needs, even outside of open enrollment, making them an important component of the benefits portfolio. In this series, we explore how employers can harness the power of employee perks to elevate their benefits program as they prepare for a post-pandemic future.
The Willis Towers Watson 2021 U.S. Perks Study includes responses from 448 U.S. employers, representing 6.2 million employees, across all industries, geographies and sizes. It fielded in early 2021.
Perks, broadly defined as benefits beyond core health and wealth offerings, are evolving as employers respond to employee needs.
Amid a competitive environment to attract and retain key talent, it is essential that employers revise their perks strategy to support the changing work environment.