The pandemic has proven to be a period of some hard time, and everyone regards the new landscape differently. However, independently of culture or geography, one thing unites everyone. It is the change in life values and priorities. People have come to value their time more highly, and have started to require more from their employer in exchange for this.
It raises a general concern that employee expectations and capabilities and desires of employers are showing a huge gap. Statistical evaluations are showing the following picture:
- According to Willis Towers Watson, 60 percent of world employers are unable to provide a flexible differentiated benefits package adjusted by the employee, therefore experiencing difficulty in retaining valuable personnel.
- According to IBM Institute for Business, 47 percent of employees all over the globe report they are dissatisfied with the standard benefits package being offered by their employer. General stadardized benefits rarely meet their needs and interests.
- A research by MetLife has shown 72 percent of British employees would have felt more loyal to their employer if they had an opportunity to set the benefits plan on their own by picking preferences thay need.