Unlocking Insight from Employee Benefits and Wellbeing Data

Effectively utilising employee benefits data can seem daunting, particularly for time-constrained HR professionals. This concise guide highlights critical data points and practical steps to empower your decision-making in employee wellbeing.

Key Data Areas to Analyse

1. Claims Data

• Spot trends in frequently claimed health conditions.

• Direct wellbeing initiatives towards these prevalent conditions and their associated risk factors.

• Think of benefits you can get data from such as Health Insurance, Group Income Protection, Critical Illness cover, Health Cash Plans and EAP.

2. Long-term Absence Data

• Investigate underlying reasons for prolonged absences.

• Implement targeted interventions addressing these root causes.

• Utilise the benefits you already have before spending more budget.

3. Employee Engagement Data

• Review benefit utilisation to understand employee preferences.

• Engage your providers and brokers for detailed analytics on popular services like Digital GP consultations or cash plan reimbursements.

• How are your employees engaging with each employee benefit? Through an app, online, face-to-face, insurance claims etc. What’s important to them?

Steps to Optimise Your Benefits Strategy

Once data is collected, apply these practical steps to enhance your benefits strategy:

Audit Existing Benefits

• Document clearly the differences between core and additional-value benefits on each employee benefit you have (Private Medical Insurance, Health Screening, EAP, etc).

• Utilise straightforward tools such as Google Sheets or Notion for clarity and easy comparison. Make it easy and simple.

Identify Overlaps and Gaps

• Assess comparable offerings (e.g., multiple Digital GP services) to determine the most accessible and highest quality solutions.

• Fill identified gaps from claims and absence data by introducing relevant solutions that boost employee access, satisfaction, and cost-efficiency.

• TIP: Source low-cost, digital solutions where possible and ask providers to trial proof of concept before spending large amounts of money.

Create and Track Communications

• Communicate available benefits clearly through varied and accessible methods (e.g., emails, short videos, webinars, QR codes).

• Regularly monitor and evaluate engagement levels to adjust and refine your strategy effectively.

• Ask your team, ask resource groups, understand from your employees what they’d like to see.

Need assistance interpreting your data or enhancing your employee wellbeing initiatives? Get in touch to explore how we can help.

Follow our socials - Youtube, Spotify, LinkedIn, Instagram, TikTok - and see stories, tips and news on all things People & Wellbeing.

Best Regards,

Paul ✌🏻