In 2023, what employees expect to receive from their companies has evolved. Not only do people expect more control over where they work, they also want to be able to decide when they work and how they get paid. Companies who make an effort to do more than just accommodate basic needs will be more likely to attract and retain top talent. Read on to find out which benefits employees are looking for in 2023.
Ever since the COVID-19 pandemic, people have discovered the advantages of working from home and have little desire to return to the office. This trend is unlikely to change anytime soon, so companies offering remote or hybrid work options will be well-positioned to attract and retain top talent.
Financial security and stability is top of mind for employees, due to the economic uncertainty that has taken hold in countries like Colombia. Being financially secure is necessary for workers to have physical and emotional safety, and employers who can protect their team members from the adverse effects of inflation are more likely to see better performance within their companies. That's why paying salaries in digital dollars is quickly becoming one of the most compelling benefits that employers can offer.
With products like Noba for Business, employees have the option to receive a portion of their salaries in dollars, giving them a way to secure their income and protect their savings. A digital dollar is valued the same as the US dollar, so they can rest assured that their hard-earned money is safe and won’t lose its value.
According to the study Health On Demand by Mercer Marsh, Colombia has the fourth highest number of people suffering from work-related stress globally. And Gallup affirms that 44% of global employees are stressed at work on a daily basis. This is concerning because it’s at an all-time high. Only 33% of employees say they feel their well-being is thriving. How can employers improve the lives of their workers both in the office and at home? Experts advise a more holistic approach to wellness that addresses not only the physical health of your team, but also their mental, behavioral, social and even financial health.
Finally, learning and development opportunities for employees will continue to gain momentum in 2023. Especially in the area of interpersonal skills, where nurturing spaces for creativity, innovation, management skills, leadership or assertive communication will make a difference in performance. Employers often make the mistake of thinking of learning and development as separate from benefits programs, when they can also look to compensate employees by offering opportunities to pursue continuing education or participate in industry conferences.
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In short, employees are looking for benefits that will improve their quality of work life and provide them with better financial security. Workplace flexibility, attention to their mental health, and payment of wages in digital dollars are just a few of the most in-demand benefits for this year. Employers who offer these benefits will have a competitive advantage in the search for talent.
