Stat attack gives you the facts and figures you need to keep on top of developments and changes in sentiment in the HR and L&D industries, all in an easy to digest format. It's your regular dose of numerical insight, parcelled up for easy reading.
Context:
These statistics are from a survey of 2,400 employees, conducted by CV-Library, on the attitudes employees have towards perks at work, including their appreciation of 'quirky' perks and their preference for greater perks or higher salaries.
Key findings:
- 71% of employees think organisations position basic staff necessities as a ‘workplace perk.'
- 24% said they would rather have the money [that paid for their perks]
- 48.8% rated their ‘perks’ as ‘OK’
Other related findings:
- If forced to pick a perk, 40.8% said they would prefer more time off.
- If given the choice, 84.5% of employees would rather receive a pay rise or bonus instead of workplace perks.
- Others pointed to practical things that saved them money (17.1%), such as gym memberships
Key questions to ask yourself:
- Are you tracking uptake of perks and the variable affecting it? Often ease of access and perception of usefulness are important when an employee comes to measure how valuable they find perks.
- Are you offering tailored perks that consider a) the life stage your employees and b) the personality and individual needs?
- Do you position employee benefits as 'perks' people should feel grateful for? Part of the overall package? Things to improve their lives?
- Are your perks genuine extras or something to make up for paying below market rates?