Health benefits crucial for attracting new talent
It is also a highly valued EVP for existing employees.
Health benefits (20%) emerged as one of the most impactful Employee Value Propositions (EVPs) in Singapore when attracting new talent, trailing behind career progression (22%).
It (22%) is also one of the most valued EVPs for existing employees, behind flexible time off and working arrangements (26%) and a positive working environment (24%).
In Singapore, health benefits are one of the most common EVPs, with eight in 10 employers offering such.
However, six in 10 employers noted that their well-being services are underutilised, which likely explains why only 52% of employees feel their employers actively support their health and well-being.