Pet insurance, rewards for collaboration

Companies are introducing a variety of new benefits for employees, both to be in tune with the new ways of work, and to endear themselves with employees and potential employees at a time when the war for talent remains intense.

- Sujit John & Shilpa Phadnis

Mohammed Faraz Khan, partner at consulting firm Zinnov, says elements like compensation, flexible working options, and emphasis on mental wellness, have increasingly become table stakes, and the focus is now moving to a hyper-personalised set of benefits, greater degrees of autonomy, and engaging employees in a way such as to give them a larger meaning to their work.