In today’s competitive business landscape, the need for employee benefits services has soared, as businesses around the globe are beginning to recognize the significance of comprehensive employee benefits strategies to improve organizational productivity. In the face of this trend, attracting and retaining competent and skilled employees have become critical to organizational success, and a large part of that boils down to the company’s culture.
Streamlining and digitization have led many businesses to merge and undergo rapid growth and change in the direction of business processes. There is a high degree of uncertainty leading to a surge in staff turnover and a ping-pong effect on a business’ cultural DNA, and the traditional employee benefit schemes do not mitigate such effects.
Identifying the heightened demand for employee benefits in the human resource management space, several technology services providers have risen to reinforce the correspondence between employees and their employers. From the elementary shift of paper-based data management to cloud-hosted repositories, the service providers have come a long way to providing interactive and engaging employee portals, time and labour management, analytics tools that mine for employee recognition details, and integrated mobile-based self-service software.
To support CIOs, HR Tech Outlook collaboration with a distinguished panel comprising CEOs, CIOs, and analysts helps CHROs with a list of leading employee benefits service providers.
We present to you HR Tech Outlook’s “Top 10 Employee Benefits Consulting/Services Companies – 2019.”