Zarah ChoudharyThe global talent shortage is set to reach 85.2 million by 2030, according to research by Korn Ferry.
In the United States, 42% of employees were considering leaving their jobs due to inadequate benefits packages, while 55% had already left positions for better perks elsewhere.
Furthermore, 66% of workers cited strong benefits as the most significant factor when accepting a job, and 61% were willing to accept lower pay in exchange for a great benefits package.
Towergate Employee Benefits reported that 41% of employers with overseas staff considered their benefits packages a major draw for talent.
Beyond salary, modern workers were found to expect comprehensive support, including health and wellbeing programs, supplementary benefits like life insurance or long-term disability cover, and tech-enabled accessibility to these perks.
Towergate emphasised that as the talent crunch intensifies in 2025 and beyond, businesses must invest in understanding and delivering benefits that resonate globally.
Sarah Dennis, head of international at Towergate Employee Benefits, said: “Finding and securing the top levels of expertise and experience from around the world is becoming harder than ever.
“Our advice is that specialist global talent requires specialist global support.
“Employee benefits are the key, and companies that offer the most appropriate health and wellbeing support are the ones that are most likely to succeed in the recruitment and, vitally, retention of the best people.”
Dennis added: “Employers looking at their global benefits spend for 2025 need to make sure that they not only provide the right basics, but also that they offer the most appropriate additional benefits, and that those benefits also support the business, in terms of recruitment, retention, employee loyalty as well as wellbeing.”
