Financial Metrics in Business

This study presents a systematic literature review conducted in accordance with the PRISMA 2020 protocol and indexed in the Scopus database. Adopting rigorous inclusion and exclusion criteria, a total of 43 publications spanning 2021 to 2025 were selected for analysis. Against the backdrop of volatile business environments and fluctuating consumer demand, organizations are urged to develop enhanced human capital strategies, as negligence in compensation design has been empirically linked to impaired business effectiveness and elevated employee turnover. At present, enterprises offering competitive benefits and perks hold a distinct competitive edge in sustaining market positioning and retaining skilled professional talent. Notwithstanding the growing scholarly attention to employee rewards, existing literature remains limited in empirical evidence regarding whether such benefits and perks are perceived as privileges by employees. To address this critical research gap, the present research synthesized over 40 peer-reviewed journal articles and scholarly publications with time-series data from 2021 to 2025. The findings demonstrate that—with the exception of a small number of leading global firms—most organizations allocate insufficient attention to employee benefits and perks, thereby contributing to severe employee turnover and suboptimal organizational performance. Consequently, this paper advocates for large-scale, cross-national empirical investigations to validate whether employee benefits and perks qualify as privileges, and to examine how transparent compensation policies can generate broader organizational benefits.