11 benefits workers want
March 18, 2018 7:02 PM
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11 benefits workers want
A strong job market is putting pressure on employers to attract the best and brightest workers. And benefits can play a big role in luring top talent. At least one-third of workers say they would leave their job for specific perks, according to research from the Gallup organization.
While there has been a shift in the “cool” and extensive amenities coming from the tech titans in Silicon Valley, generous health and retirement plans are still the most desired benefits for many.
While there has been a shift in the “cool” and extensive amenities coming from the tech titans in Silicon Valley, generous health and retirement plans are still the most desired benefits for many.
11 benefits workers want
In general, employees are most likely to say they would change jobs for benefits and perks closely related to their quality of life, Gallup notes. To help leaders identify how well their benefits and perks stand up against those that employees expect or want to receive from their employer, Gallup has identified categories that reflect how important the benefits previously described are to employees in general. The four categories include:
· Basics: benefits and perks that most organizations offer and most employees say they would change jobs to get
· Important to some: benefits and perks that fewer organizations offer and a segment of employees say they would change jobs to get
· Differentiating: benefits and perks that a segment of organizations offer, most employees say they would change jobs to get, and correlate most highly with employee engagement and well-being
· Added value: benefits and perks that some organizations offer and that correlate with employee engagement and well-being, but that employees are less likely to say they would change jobs to get
While great health benefits definitely are a plus, employees have expanded their benefits wish list. The following are the percentage of employees who say they would leave their job for another when that offered the following perks.
· Basics: benefits and perks that most organizations offer and most employees say they would change jobs to get
· Important to some: benefits and perks that fewer organizations offer and a segment of employees say they would change jobs to get
· Differentiating: benefits and perks that a segment of organizations offer, most employees say they would change jobs to get, and correlate most highly with employee engagement and well-being
· Added value: benefits and perks that some organizations offer and that correlate with employee engagement and well-being, but that employees are less likely to say they would change jobs to get
While great health benefits definitely are a plus, employees have expanded their benefits wish list. The following are the percentage of employees who say they would leave their job for another when that offered the following perks.
Full-time flexible working locations
35%
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Part-time flexible working locations
37%
Profit sharing
40%
Paid leave (sick days/medical/personal leave)
48%
Insurance coverage other than health (dental/vision/etc.)
48%
Retirement plan/401(k) with employer matches
50%
Flex-time
51%
Retirement plan with defined benefits
51%
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Paid vacation
53%
Monetary bonuses
54%
Health insurance
61%
