New Delhi, Dec. 13 -- Indian companies are rethinking the benefits they offer their staff, such as healthcare, retiral plans, wellbeing perks, and leave, as they seek to control budgets while retaining top talent without compromising on employee experience.

The move comes as employee costs escalate, and health insurance premiums balloon, prompting firms to redesign their benefits programs to align with the needs of a multi-generational workforce and ensure financial discipline.

"Rising costs-driven by medical inflation at 11% outpacing general inflation-are compelling organizations to optimize benefit strategies without compromising employee experience. The true cost of benefits depends on utilization, prompting a recalibration of what ...