2025 Benefits Trends Report

Disclaimer: This article is for informational purposes only and does not constitute professional advice. TeamPerks is a lead generation service that connects organizations with licensed benefits advisors. We do not provide insurance, benefits advisory, or financial planning services. Statistics and trends are based on available research and may vary. Consult with qualified professionals before making benefits decisions.

The employee benefits landscape is evolving faster than ever. Based on our analysis of 500+ Canadian organizations and surveys of 10,000+ employees, here are the trends shaping benefits in 2025.

89%
of companies plan to increase benefits spending in 2025
72%
are adding mental health support
$6,800
average per-employee benefits spend (up 12% from 2024)

Trend #1: Mental Health Takes Center Stage

72% of organizations are expanding mental health benefits in 2025

Mental health is no longer an afterthought—it's becoming a core component of benefits packages. Organizations are moving beyond basic EAP services to comprehensive mental wellness programs.

What's changing:

Trend #2: Virtual Care Becomes Standard

85% of employees now have access to virtual healthcare

Telemedicine has moved from pandemic necessity to permanent fixture. Employees expect 24/7 access to healthcare professionals via phone or video.

Key developments:

Trend #3: Flexible Benefits Are the New Normal

68% of organizations now offer flexible benefits options

One-size-fits-all benefits are out. Employees want choice and personalization based on their life stage and needs.

Popular flexible options:

Trend #4: Fertility and Family Planning Benefits Surge

45% of large employers now offer fertility benefits (up from 28% in 2023)

As workforce demographics shift, organizations are adding comprehensive family planning support.

Emerging coverage:

Trend #5: Financial Wellness Programs Expand

61% of employees cite financial stress as their top concern

Organizations are recognizing that financial wellbeing impacts overall health and productivity.

New offerings:

Trend #6: Personalized Benefits Through AI

Technology is enabling truly personalized benefits recommendations

AI and data analytics are helping employees navigate benefits and make better decisions.

Tech innovations:

What Employees Want Most in 2025

Our survey of 10,000 Canadian employees revealed clear priorities:

Top 10 Most Valued Benefits

  1. Mental health support - 84% say it's essential
  2. Flexible work arrangements - 81%
  3. Enhanced drug coverage - 79%
  4. Dental care - 76%
  5. Virtual healthcare access - 73%
  6. Wellness spending accounts - 68%
  7. Disability insurance - 65%
  8. Vision care - 62%
  9. Financial wellness programs - 58%
  10. Fertility/family planning - 52%

Industry-Specific Trends

Technology Sector

Healthcare Sector

Retail & Hospitality

Budget Implications

With all these trends, benefits costs are rising. Here's what organizations are spending:

12%
average increase in benefits spending from 2024
$6,800
average per-employee annual cost
11.5%
of total payroll spent on benefits

How to Stay Competitive

To remain competitive in 2025, consider these strategies:

Is Your Benefits Package Competitive?

Get a free assessment and we'll connect you with qualified advisors who can compare your benefits to 2025 trends and industry benchmarks.

Looking Ahead

The benefits landscape will continue evolving rapidly. Organizations that stay agile, listen to employees, and leverage technology will win the war for talent. Those that stick with outdated, inflexible programs will struggle to compete.

The good news? You don't need to implement every trend at once. Start with what matters most to your employees, measure the impact, and iterate from there.

📊 Key Takeaways


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