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Retention-focused benefits misaligned with what employees want
Employers are overestimating the value of their non-monetary offerings when designing their benefits packages, new research suggests.
The report, produced by Deloitte and Origin 360 EV, involved interviews with 15 HR leaders across Australia, and a survey of more than 1,500 employees.
Echoing other studies, the report states remuneration and benefits are a key retention driver, making 72% of employees choose to stay with their current employer.
And while 68% of employees are happy with their current benefits, the research identifies gaps between what they want and what employers are offering...
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