News: 60% companies in India to review their benefits strategy

Compensation & Benefits

60% companies in India to review their benefits strategy

According to a study by Towers Watson, titled Indian Benefit Trends Survey, an increasing number of Indian companies are under pressure to review their benefits strategy. About 60% of Indian companies will review their benefits strategy across the next 12 months. 1 in 3 Indian employers is spending more than 20% of total payroll on benefits, and yet a sizeable 43% of employees do not sufficiently value the benefits provided to them.

According to a study by Towers Watson, titled Indian Benefit Trends Survey, an increasing number of Indian companies are under pressure to review their benefits strategy. About 60% of Indian companies will review their benefits strategy across the next 12 months. 1 in 3 Indian employers is spending more than 20% of total payroll on benefits, and yet a sizeable 43% of employees do not sufficiently value the benefits provided to them.

To know more about the research, kindly write to info@peoplematters.in.

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Topics: Compensation & Benefits, #Trends, #Corporate, #TotalRewards

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