High-tech ways to keep employees happy

Half-price cinema tickets, cycle to work schemes and gym passes have long been part of employee benefits programmes. But with research showing 84% of millennials look to leave their jobs within the first two years, employers want to tailor their perks packages to their employees' needs. Emerging technologies such as data analytics, chatbots, and wearables can help employers know which benefits resonate with employees. And machine learning can monitor take-up and avoid wasting money on unwanted benefits. "From an employer perspective, there is already a lot more emphasis on looking at data to see what benefits employees are using," says Jeanette Makings, head of financial education at merchant bank Close Brothers.