57% expect to increase spend on benefits technology

Most employers (57%) expect their organisation’s HR or benefits technology spend to increase in the next 12 months, according to the Employee Benefits/Lorica 100 Club research 2014, published in June. 


A total of 39% expect costs to remain about the same, according to the survey.

Just 2% of the 51 employers that answered the question expect their costs to decrease, while 2% do not know their expected spend over the next year. 

One-third (32%) of 54 employers are currently considering their future benefits technology spend, while 6% do not have a technology budget and do not expect this to change in the near future. 

And 24% of employers expect the costs of their pensions and total reward platforms technology to increase the most over the next couple of years. 


 Read a digital edition of the 100 Club/Lorica Thinktank debate