Work Perks For Employees [Infographic]

Megan Wilson https://www.quill.com 4m 904 #employeeperks

The views of this article are the perspective of the author and may not be reflective of Confessions of the Professions.

Attractive Employee Perks

If you own a business or have a management position, you know how important good talent is to helping you build your brand and improve your bottom line. But how you attract and retain top talent is a different story: There’s always going to be another place that seeks to lure quality people away with money or perks. So what perks matter to people?

It turns out, non-traditional offerings are becoming more and more desirable to today’s workforce. Family leave hits the sweet spot for many employees, as does work-from-home flexibility. Not surprisingly, younger people are interested in help for student loans, while older people focus more on naps, for example.

What you can offer and what you’re willing to offer may differ dramatically from other workplaces, but it’s good to know what people gravitate toward. This infographic can help you understand the wants and needs of a solid workforce.

The intention of this survey was to demonstrate how work perks (namely non-traditional ones) help bring in and keep new talent. And the results delivered: Nearly eight out of 10 respondents said non-traditional work perks are important when they evaluate a potential new job.

In relation to employee perks, this survey reveals a number of differences amongst age groups. While it may be no surprise that work from home flexibility tops the list as the most desirable perk, findings show it appeals most to people age 45 to 54. The youngest age group (25-to-34-year-olds), on the other hand, was more likely to benefit from company-provided snacks and meals, paid volunteer time, and student loan debt reimbursement.

While we can likely all agree that work perks make a job more enticing, this survey found we rarely do anything to ask for more or better perks. Maybe it’s time we change that.

If an employer is looking to retain or attract new talent maybe they should consider these perks as a way to bring in quality employees.

Check out this infographic to better understand the appeal of employee perks.

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Text-Friendly Version

Perk Up

Work perks that help attract and retain employees.

The survey ran on April 4, 2016.

Methodology

This Quill original survey sought to find out which employee perks were most common in the workplace and which perks were desirable to American workers.

This survey collected responses to 10 questions from 353 participants using Google Consumer Surveys.

Participants were U.S.-based male and female within three different age groups:

• 25-34
• 35-44
• 45-54

Findings

Of the employee perks we asked about, family leave — in the form of maternity, paternity, and/or adoption leave — was the most common.

46.5% of respondents have some form of family leave

The second most common work perk is work-from-home flexibility.

A little more than 1/3 of all respondents have work-from-home flexibility.

The following perks are slightly more common in the workplace among the…

25- to 34-year-old age group

• Company-provided snacks and meals
• Paid volunteer time
• Student loan debt reimbursement

The following perks are slightly more common in the workplace among the…

35- to 44-year-old age group

• Work from home flexibility
• Family leave
• Permitted naps

Most common non-traditional work perks at current job for all respondents

• Work-from-home flexibility 36.4%
• Family leave (maternity, paternity, adoption) 46.5%
• Permitted naps while at work 10.6%
• Company-provided snacks and meals 21.3%
• Paid volunteer time 12.6%
• Student loan debt reimbursement 10.9%
• None of the above 28.3%

Among the three age groups, work-from-home flexibility is most desirable to people age 45 to 54.

• 25-34 46.8%
• 35-44 46.3%
• 45-54 57.3%

Half of all respondents say work-from-home flexibility trumps all other perks.

Most desirable work perk for all respondents

• Work-from-home flexibility 49.9%
• Family leave (maternity, paternity, adoption) 9.8%
• Permitted naps while at work 7.0%
• Company-provided snacks and meals 12.3%
• Paid volunteer time 6.7%
• Student loan debt reimbursement 14.3%

Nearly 1/4 of respondents say family leave is the second most desirable work perk.

Second most desirable work perk for all respondents

• Work-from-home flexibility 23.0%
• Family leave (maternity, paternity, adoption) 23.5%
• Permitted naps while at work 9.2%
• Company-provided snacks and meals 17.1%
• Paid volunteer time 12.0%
• Student loan debt reimbursement 15.1%

Nearly 8 out of 10 respondents say non-traditional work perks are important when evaluating a potential new job.

• Not at all important 12.7%
• Somewhat important 63.7%
• Very important 23.5%

The importance of non-traditional work perks increases slightly by order of age group.

• 25-34 20.2%
• 35-44 23.0%
• 45-54 27.5%

While some respondents say they have successfully negotiated non-traditional work perks, the majority of people say they have not negotiated for more or better perks.

Some participants’ positive outcomes include:

• Additional paid time off
• Work-from-home ability
• Flexible start and end times working from home
• Changes in family leave

When asked if certain non-traditional work perks outweigh a less-than-desirable salary, respondents are pretty evenly split.

• Yes 46.5%
• No 46.2%
• It depends on the circumstance 7.4%

Roughly 7% more women than men say certain non-traditional perks outweigh a less-than-desirable salary.

• Male 43.2%
• Female 50.0%

A little more than 2/3 of respondents say they would consider looking for a new job if their current job did not offer the right perks.

• Yes 65.4%
• No 29.7%
• Depends 4.8%

Younger respondents are more likely to look for a new job if their current job does not offer the right perks.

• 25-35 69.7%
• 35-44 65.2%
• 45-54 61.5%

While very few people choose to negotiate the perks their company offers, it’s clear certain incentives can make or break a person’s decision to take a job — and stay at it.

Original Research Conducted by:

Quill.com
A small part of your job is 100% of ours.

Source:
https://www.quill.com/blog/careers-advice/work-perks-that-help-attract-and-retain-employees.html
http://ghergich.com/media/work-perks-survey-results/

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