Benefits And Benefits Of Employee Benefits Essay example
Top employee benefits
Interestingly enough, Glassdoor found that employees seek additional benefits in lieu of a pay bump. According to their Q3 2015 Employment Confidence Survey, nearly four in five (79 percent) of employees would prefer new or additional benefits to a pay increase. More importantly, the survey found that younger employees, ages 18-34, value benefits over pay increases more than any other age group, as 89 percent of those surveyed preferred additional benefits. So what are those benefits that matter most to your employees? According to the same study, Glassdoor found the top 5 benefits that employees want over pay include.
Healthcare insurance (e.g., medical, dental): 40%
Vacation/Paid time off: 37%
Performance bonus: 35%
Paid sick days: 32%