Brazil Employee Benefit Trends Study 2018
Balanced living: the holistic employee
Our data suggests that only 35% of employees in Brazil say their employers make it possible to balance work and life. The competitive edge goes to employers who turn this around with benefits that address the wider needs of their employees and, where possible, allow them to tailor their benefits to their own situation. The result? More engagement, better productivity and lower recruitment costs — as well as a key weapon in the war for talent within Brazil, regionally and globally.
Flexibility: key to work-life balance
Employers can help their employees manage their work-life balance by shifting towards more formalized flexible working conditions. Making these policies part of a benefits package increases their use, too, encouraging employees to manage their own life in ways that ensure they are delivering at work. And if these flexible options are deployed carefully as part of an integrated benefits platform, they could increase engagement and productivity at little or no cost.
Benefits customization maximizes value
When employee benefits are tailored to life needs, not only do employees show greater appreciation for their employer, but they also appreciate the value of their benefits more, feeling more financially secure.
It starts with a clearer understanding of the needs of employees. Only then can decide what should form a core part of the benefits offering and what tailored options will work. Our data indicates that there is a growing appetite among employers in Brazil to offer voluntary benefits.