EY Reward Survey 2016

Did you know – about 44% employees are either unsure or dissatisfied with their organization’s rewards program.

Have you wondered how well your organization’s rewards program is received by employees? 

The EY Rewards survey compared responses of both employers and employees to a set of 10 attitudinal questions within the scope of rewards. The primary objective of this research was to establish whether employers understand employee preferences for various rewards elements.

 The following significant themes emerged in our study:

Employers need to recalibrate their understanding of the millennial employees’ needs and avoid stereotyping

Women employees are more positively disposed to their employer’s reward initiatives

Employees in the age group of 35–45 need special attention because of their desires to achieve certain life-stage milestones

Employers with 3,000–6,000 staff have significant gaps in their expectations/understanding and employee preferences

We believe corporate India stands at an important juncture where it’s becoming imperative to really listen to what employees want and try to customise reward programs to the best extent possible.

We hope that you find the research insightful and an interesting read. You may follow the link - EY Rewards Survey 2016 to access a copy of the report.

In case you’d like a detailed discussion around the same, you can connect with me at [email protected] or 022 61920676.