The document summarizes the key findings of the Edenred-People Matters Survey on Work-Life Benefit Trends 2012. The survey found that 92% of respondents allocate at least 20% of rewards budgets to non-cash benefits. It also found that 80% believe rewards and incentives help engage and retain employees, and that ESOPs, rewards, insurance, and wellness programs are seen as most strategically important. 50% of companies communicate non-cash benefits to new employees during the joining process. 41% expect to increase budgets for non-cash benefits in the current year.

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The Edenred-People Matters Survey on Work-Life Benefit Trends 2012
An Edenred-People Matters Survey - Work-Life Benefit Trends 2012

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The Edenred-People Matters
Survey on Work-Life Benefit
Trends 2012 – Key Findings
• 92% of the respondents allocate 20% of
the rewards budget to non-cash
components
• 80% believe that rewards & incentives
help to engage & retain employees
• ESOPs, rewards, insurance and wellness
score highest in strategic importance
• 50% use company policies to
communicate non-cash benefits at the
time of joining
• 41% expect an increase this year in the
budget allocated to non-cash benefits
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EXPERTS SPEAK
To manage our young team members, we imbibe a culture of openness,
transparency and fun
Basab Bordoloi, VP-HR, Admin & Corp Affairs, Jubilant Food- Works
(Dominos Pizza Division)
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Hospitalization insurance facility for self and family, especially parents,
is very well regarded by employees
Anuraag Maini, Executive VP - HR & Training, DLF Pramerica Life Insurance
Company
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It is integral to leverage the different capabilities and personalities that
people have as individuals
Saikat Chatterjee, Manager HR , South West Asia, InterContinental Hotels
Group
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EXPERTS SPEAK
Employees look at ESOPs as means to wealth creation & value its reward
mechanism
Elizabeth Nanda, Chief of Human Resources & Training, Fabindia
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We invest in our people to develop the skills they nee d to take on
bigger roles
Deepa Kapoor, Vice President - Diversity and CSR, Genpact
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Two major components that are non-cash in our sys tem are retirals and
Insurance
Dr. Anadi Pande, VP, HRM, Corporate Planning & Strategy, Hero MotoCorp
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EXPERTS SPEAK
A robust culture of fun, celebration, independence, care and trust at work
keeps employees engaged
Rajesh Rai, Director (HR), United Colors of Benetton, India
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Total rewards and performance development utilize cash and non-cash
incentives to reinforce desired employee behaviors
Sangeeta Singh, Partner - Human Resources, KPMG
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Once you acknowledge the contribution of an employee , he/she feels
valued, recognized and rewarded
Sanjay Rawat, Vice President & Head-Academics, Aegis Global Academy,
Aegis Limited
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EXPERTS SPEAK
Our philosophy of Icare takes care of Inclusion, Coaching, Appreciation,
Respect and Empathy for employees
Yuvaraj Srivastava, Vice President-HR , PepsiCo India Holdings
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Providing employees with fun in between work takes away the boredom and
keeps them engaged
Gokul Santhanam, Senior VP & Head - Global Compensation & Benefits,
MphasiS
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Recognition of an individual in front of peers & team celebrations enhance
motivation
Vivek Tripathi, Chief Human Resource Officer, Lava International
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For Further Information
Kindly Contact
+91 (124) 4148102
info@ peoplematters.in
Edenred-People Matters Survey
April 2012 www.peoplematters.in