UAE employees call for better workplace benefits like child education allowance, life insurance

More companies are being called on to give personalised benefits to employees to retain talent as a new report reveals that 6 out of 10 workers feel that their needs are not being addressed by their employer. This is according to a Future of Work 2024 report, commissioned by Zurich International Life.

“The one-size-fits-all approach to benefits no longer works. Employees want their benefits tailored and unique,” said Zubair Siddiqi, head of marketing management at Zurich Middle East, announcing the findings at an event. “We saw that 9 out of 10 employees actually said benefits are key to their happiness, and 63 per cent wanted customisation of benefits. It's like the company is giving me children's education benefits, but I only have dogs; so, companies really need to listen.”

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The report, which surveyed 2,000 employees and 2,000 employers across industries in the UAE, KSA, Qatar, and Bahrain, also showed that 68 per cent of respondents are actively seeking to change jobs – a sign that they are not happy with what employers currently offer. According to the report, flexibility in everyday working arrangements, as well as compensation packages, are equally important to employees.

Sought-after benefits

Among the most sought-after employee benefits in the UAE are child education allowances, workplace savings plans, and life and critical illness insurance.

“These are the top three that people voted for that they are currently not getting,” said Ashika Tailor, head of business development for employee benefits at Zurich Middle East. “That shows the gap between what employees wants and what employers are providing.”

At a subsequent panel discussion, Paul Colley, head of workplace savings at Lockton, shared that there were some companies who were going over and beyond to ensure that employees were happy. “We had a client for whom we put together a plan that offered women in their organisation the option to freeze their eggs,” he said. “We then worked with an insurance provider to make available their services such as IVF to these women. It was incredibly well-received by the workforce.”

He also gave the example of another company that provided its employees the facility to get DNA testing done to check if they were susceptible to cancers and other such diseases.

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