Ultimate guide to employee benefits

This eBook explores a range of popular and emerging employee benefits. Discover the perks with the potential to attract attention and increase loyalty – ensuring the future success of your business.

2 mins read
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​Ideas about employee benefits are changing. Gone are the days of a free eye test and 20 days’ annual leave cutting any ice. A new generation is demanding more – and getting it – from fertility benefits to performance bonuses, and long-service rewards in the shape of cars and luxury holidays.

Our ultimate guide to employee benefits illustrates the latest popular and emerging benefits around the world. Download your free copy today for ideas that will benefit your workforce.

While not every business may be prepared to offer high-end perks, those that can are seeing the pay-off in employee retention and attraction.

At the end of 2022, Reed carried out a survey of 5,000 professionals, asking for their thoughts on work, from salary to job security, and the all-important benefits in between.

Shockingly, the survey revealed a huge number, 28%, said they do not receive any organisational benefits at all. Flexi working was the most common perk received, as indicated by 23% of workers, among a list that included life insurance, performance bonus, and the ability to purchase additional annual leave. Second and third most commonly-received benefits were financial: annual salary increments (19%) and a company pension higher than the required amount (18%).

In comparison to the perks those respondents said they wanted in these testing economic times, financial benefits ranked unsurprisingly highly – with 43% placing it top of the wishlist. However, flexi working and a four-day week tied in second place with 36% finding them desirable, indicating the importance for employers to take a more relaxed approach to physical workplaces and hours. With millions of desk-based roles successfully undertaken remotely throughout the pandemic, a demand for a full return to the office can be off-putting to jobseekers anticipating greater flexibility in their working day.

It’s wise to research what your existing workforce most values before grabbing the coattails of any passing trend that could end up unaffordable and underused. Run regular employee surveys to find out their concerns and desires, and as a way of improving employee engagement. When you understand what motivates your workforce, you’ll be in a stronger position to help them, attract new workers and keep them.  

By downloading this eBook, you will discover our pick of benefits that most inspire the workforce, with expert insight and tips.

Content includes: 

  • Employee recognition programmes  

  • Health and wellbeing  

  • Staff discounts  

  • Career and life coaching  

  • Learning and development  

  • Pensions  

Get your free ‘Ultimate guide to employee benefits’ today.

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Tackling hiring fraud guidance – free download
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Tackling hiring fraud guidance – free download

Hiring fraud is an insidious practice that undermines trust and poses significant financial and reputational risks for businesses. As employers strive to find the right talent, they must remain vigilant against fraudulent activities that can tarnish their operations and brand integrity.

Hiring fraud manifests in various forms, from falsified credentials and fabricated work histories to identity theft and impersonation. These tactics often deceive even the most astute recruiters, leading to the unwitting employment of unqualified or dishonest individuals. The consequences can be dire, ranging from decreased productivity and morale to legal liabilities and damage to company reputation.

Detecting fraudulent applications has become increasingly challenging. However, employers can use several strategies to safeguard their recruitment processes.

Most recently, Reed has contributed to the first guidance of its kind to help organisations protect their recruitment practices. ‘Tackling hiring fraud: the response to a growing problem’ serves as a frontline tool in the battle against fraudulent hiring activity.

Steps to a secure hiring process

The guide, fronted by the Better Hiring Institute, identifies nine types of fraudulent activity: reference fraud, qualification fraud, fake application documents, CV-based fraud, employment scams, manipulation of artificial intelligence, dual employment, immigration fraud and fraud as a result of recruitment agency usage. Each is addressed in detail with case studies and expert guidance on prevention.

As a rule, thorough background checks are indispensable. Employers should verify the authenticity of educational qualifications, professional certifications, and employment histories provided by candidates. Utilising reputable background screening services, such as Reed Screening, can help uncover discrepancies and ensure that prospective hires possess the credentials they claim.

Identity verification measures are essential. Adopting biometric authentication or identity verification technologies will help, reducing the likelihood of impersonation and identity theft.

Stringent interview processes can also serve as a deterrent against fraudulent candidates. Conducting multiple rounds of interviews, including in-person assessments, and soliciting detailed responses can identify genuine candidates from impostors.

Technology can automate and streamline recruitment processes. Candidate tracking systems equipped with fraud detection algorithms can flag irregularities in applications, adding a further layer of protection.

It can also help to raise awareness of hiring fraud with your employees – encouraging them to report suspicious activities and provide avenues for whistleblowing. Providing guidance on how to spot red flags can have a ripple effect, protecting both the business and employees from falling victim to fraud in their career.

Protect your business with our hiring fraud guidance – free download

Technology has enabled criminals to take advantage of traditional recruitment processes, and organisations must adapt if they are to avoid CV fraud, employment scams, manipulation of AI tools and many more tactics.

Reed Screening, together with Better Hiring Institute and other partners, have defined hiring fraud as any fraud committed during the hiring process, which may be committed by an individual against an organisation, or by an entity against a jobseeker.

This comprehensive guide, ‘Tackling hiring fraud: the response to a growing problem’, identifies how employers can protect their organisations, using expert advice on how to prevent the most common criminal activity.

"Employers should be very worried about hiring fraud. At Reed Screening, we have made huge progress over the last few years in making hiring faster globally, including being referenced by UK government for our work on digital right to work. However, with the development of technology and improvements in the speed of hiring, we have seen an acceleration and amplification of fraud."

Keith Rosser
Director of Group Risk & Reed Screening – Reed

The new Better Hiring Institute free guide on tackling hiring fraud, co-written by Reed Screening and Cifas, contains a really useful checklist for HRDs (human resources directors) and CPOs (chief people officers) to use to ensure the company they represent has all the right defences in place.

Download our free hiring fraud guidance to help safeguard your organisation using the button at the top of this page.

Hiring fraud: how to safeguard your organisation
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Hiring fraud: how to safeguard your organisation

​To combat the rising tide of hiring fraud, Reed Screening recently joined forces with the Better Hiring Institute and fraud prevention experts Cifas and ST Smith, to launch guidance for employers. This free, comprehensive eBook is now available to download and provides the latest insight into the gravity and scale of threat facing organisations today.

Complete with case studies highlighting common criminal activity, such as resume fraud and employment scams, the guidance offers solutions to counter these tech-based crimes, helping to protect your recruitment teams from falling victim to imposters and impersonators.

We spoke to Keith Rosser, Director of Group Risk & Reed Screening – Reed, about the new guide, Tackling hiring fraud: the response to a growing problem.