The story so far...

We would like to thank all the participants for sharing their thoughts and opinions with us, and providing us views from different functions across different industries. We have come across such myriad benefits and services that organizations provide. Organizations are taking “Benefits management” seriously and gearing up to attract and retain the best from the talent pool. Right from tax exemption to rewards and recognition programs, from training to flexi-hour policies, child adoption programs to higher education allowance, organizations provide a bouquet of benefits that are lucrative. When monetary rewards are almost similar for all the organizations in the same sector, it is these benefits that make a difference. The private sector definitely uses these as a tool to gain competitive advantage. We also saw that not only the private sector, but also the Government is realizing the importance of retaining high performing leaders, and changing the traditional norms to the extent of extending the retirement age! It is these softer issues that organizations take advantage of. This heralds the beginning of a new era where non monetary benefits also come into the lime light.