Research shows that 40% of employers acknowledge that better benefits attract top talent, leading 62% of them to revamp their packages last year. Employees are even willing to take a pay cut (10% in the US) for enhanced perks.
It's clear that benefits hold tremendous value in today's workforce. But what kind of benefits do employees value most? 🔎👀
🔒Security Is Paramount
Amidst unpredictable times, job security is crucial. Employees seek benefits that provide stability and peace of mind, varying depending on local labor laws. Whether it's healthcare, retirement plans, or other protections, these benefits safeguard workers and their families.
💪Emphasizing Healthcare and Well-being
Nearly 90% of American workers prioritize health benefits like insurance coverage. In countries with basic healthcare already covered, additional forms of coverage such as physiotherapy and mental health support take the spotlight. Employers who offer comprehensive healthcare and well-being services are highly valued. 🌡️💚
⏰Flexibility: The New Norm
Gone are the days of rigid schedules tied to the office. Flexibility has become a game-changer. Remote work, flexible hours, and freedom from commuting have revolutionized productivity. Workers refuse to give up this newfound freedom, with 70% ranking flexibility as their top priority. 🌐✈️
⚖️Achieving Work-Life Balance
Balancing personal and professional lives has become essential. Companies that support their employees' multifaceted responsibilities, such as childcare or pursuing personal interests, are highly sought after. Offering flexible work hours, remote options, compressed workweeks, and generous leave policies fosters employee satisfaction and productivity. 🧘♀️⌛
📈Growth and Development: The Path to Happiness
Employees crave personal and professional growth opportunities. Organizations that foster a culture of continuous learning and development attract top talent. As the employment landscape evolves, adaptability and a deep understanding beyond day-to-day tasks are increasingly valued. 🌱🚀
🎉Discover more about perks and benefits
Read more about the importance of employee benefits in this blog post,and check out the Deel Perks section of the Community resources to discover benefits and perks you have access to via Deel.