Aayushi Rastogi’s Post

Massive Shift in Rewards and Recognition! Discover how companies are evolving their #employee benefits to attract and retain top #talent. From flexible work options to innovative 'pawternity' leave, learn how these changes are reshaping the workplace. This article by People Matters dives into the latest trends in #rewards and #recognition and their impact on employee satisfaction and retention. Don't miss out on these valuable #insights! Check out the full article. #EmployeeBenefits #TalentRetention #HRTrends #WorkplaceInnovation

Traditional talent retention and employee wellbeing strategies are evolving to keep up with evolving workforce needs. Aon’s Amit Kumar Otwani, associate Talent partner in India, spoke with People Matters on a recent Aon study.  “Achieving a strategic balance between appreciation, incentivization, reinforcement, and emotional connection is crucial.”  Learn more: https://aon.io/4eJTEPO #BetterDecisions #Talent 

Traditional talent retention and employee wellbeing strategies are evolving to keep up with evolving workforce needs. Aon’s Amit Kumar Otwani, associate Talent partner in India, spoke with People Matters on a recent Aon study. “Achieving a strategic balance between appreciation, incentivization, reinforcement, and emotional connection is crucial.” #Aon #ProudToBeAon #BetterDecisions #Wellbeing

Educating employees on and engaging them with benefits offerings can be challenging in a culturally diverse, multi-generational workforce. With the right tools and strategies, employee groups can be reached in targeted ways. Read the article to learn more! https://lnkd.in/g9mXQ2Gc #benefitsguyatusi #HR #employeebenefits #workforcemanagement #EmployeeWellbeing #InclusiveBenefits #GenerationalDiversity #DigitalTransformationInHR #BenefitsStrategy #HRInnovation #EmployeeExperience #FutureOfWork

As organizations roll out their benefits strategies for 2024, addressing the diverse needs of different age groups becomes paramount. Today’s persistent talent challenges, cutting benefits isn’t a viable cost control option. 👉 Talk to your #benefitsbroker to review your #benefitsstrategy to ensure it supports your employee attraction and retention goals. #benefitstrends #grouphealthinsurance #groupinsurance #groupbenefits #employeeretention #benefitsstrategy https://lnkd.in/dZtqmiUM

We published The State of Employee Benefits 2024 a week ago, covering insights across 4500+ policies, across 80 benefits. In our conversations with the people leaders over the past year, we realised that what's lacking is a sense of benchmarks, we get questions around the same during our engagements. We listened and decided this report shouldn't have superficial insights, so we went deep into maternity, inclusion, and preventive health. Three things that stood out to me: -Indian organisations are setting higher standards for employee benefits despite operating in a cost-conscious environment. -Still, only less than 15% of Indian companies offer truly inclusive coverage. -Looking ahead, managing employee benefits is poised to become an integral component of the HR tech stack. We launched this at our event in the presence of 50+ people leaders, and we've gotten great feedback. If you're a people leader who’d like a physical copy, DM me and I'll ship it your way. Sharing the digital copy of report in comments. Plum

🌟 Catalyze Pay, Benefits, and Well-being with Intrapreneurship for Superior Employee Experience. 🌟 In the evolving corporate world, the integration of pay, benefits, and well-being is vital for a comprehensive employee experience. The insights shared at People Matters TRWC 2023 are invaluable in understanding this integration's impact on performance, retention, and engagement. Neelam Vaswani of J&J Group, Seema Ajwani of Accenture, and Dr. Nandini S of Infosys led a compelling panel discussion titled "Solving The Performance Puzzle With Personal Value Proposition." They highlighted how technology and HR are pivotal in connecting employee purpose with organizational objectives. A key takeaway is the role of well-being in the workplace. Neelam Vaswani emphasized an ecosystem that goes beyond competitive pay, addressing emotional, relational, physical, financial, purposeful, and employable aspects of employee life. Seema Ajwani shared Accenture's initiatives in this regard, including the ‘Care To Do Better’ research and a platform called Nudge for financial guidance. The synergy between intrapreneurship and wellness, as described in the article, is quite profound. Intrapreneurship, or fostering entrepreneurial skills within an organization, naturally complements the push for comprehensive well-being. Intrapreneurial cultures encourage creativity, autonomy, and a sense of ownership, which align well with initiatives aimed at personal and professional well-being. They create an environment where employees feel valued and understood, which is crucial for their holistic well-being. The article beautifully ties in how organizations are now focusing on hyper-personalizing programs to meet individual needs and life moments, emphasizing inclusivity and belonging. This approach is much in line with intrapreneurial principles, which thrive on understanding and addressing unique perspectives and needs within a team. As we look forward to a future where employee well-being is at the forefront, integrating these principles of intrapreneurship can significantly enhance our approach to designing effective work policies and environments. #EmployeeExperience #Intrapreneurship #Wellness #PeopleMatters #HRInnovation

The United States Bureau of Labor and Statistics has estimated that approximately 30% of the work force will be Generation Z by 2030. In addition to flexible working conditions, studies have shown that a majority of the Gen Z population values feeling supported by their employers both financially and through robust benefit programs. Outside of the traditionally utilized programs (core benefits, worksite benefits, PTO Programs, 401k) - organizations are exploring "non-traditional" benefits and flexible programs, while thinking outside of the box to create total rewards value propositions that will be well received by what is soon to be the largest group within their employee base.

Gen Z has unique needs in the workplace, as they grew up in the digital age. How are you communicating #employeebenefits? Here are some tips…. https://lnkd.in/e2Wkdpdv #HR #CFO

🔎 January Recap: A Deep Dive into Benefits Policies January has been a month full of insights and knowledge sharing on the multifaceted world of Benefits Policies. From understanding their importance to examining their impact on various aspects of employee experience, we’ve covered it all! 🚀 I kicked off with the significance of well-designed benefits policies and moved on to discuss the top trends in India. We also delved into my personal experiences with benefits policy design and the understanding of flex-benefits designs. 📚 A highlight was our case study on how a well-designed benefits policy can retain employees. We also conducted a poll 📊 to gather your opinions on benefits policies and shared some best practices for designing them. Throughout the month, we explored the role of benefits policies in various areas such as employee engagement, company culture, talent acquisition, diversity and inclusion, employee wellness, development, performance, motivation, and retention. 🌐 We also discussed the impact of benefits policies on employee satisfaction, productivity, loyalty, and morale. Plus, we looked at the challenges of designing benefits policies and their evolution over the last decade. More Diverse and Inclusive policy focused on DEI. 🔄 The future of benefits policies in India, the role of AI in benefits policy design, the benefits of modular flex benefits design, marketplace flex benefits design, personalized benefits policies, comprehensive benefits policies, and flexible benefits policies were other key topics. 🚀 Stay tuned for more insightful discussions in February! Focus shifting to Risk Managment. Your engagement fuels this journey of exploration and learning. Let’s continue to grow together! 💼🌱 For a brief overview of all these topics, check out the document that I’ve shared. Feel free to tag your colleagues who might find this recap helpful. And if you missed any of the posts, let me know and I’ll share the link with you. #BenefitsPolicies #EmployeeExperience #HRInsights #EmployeeRetention #CompanyCulture #TalentAcquisition #DiversityAndInclusion #EmployeeWellness #EmployeeDevelopment #EmployeePerformance #EmployeeMotivation #EmployeeSatisfaction #EmployeeProductivity #EmployeeLoyalty #EmployeeMorale #BenefitsPolicyDesign #AIinHR #FlexBenefits #PersonalizedBenefits #ComprehensiveBenefits #FlexibleBenefits