Free text searching benefits
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Paid vacation time is a complicated expense, since it’s not simply the cost of an employee’s salary for the days they are out liability also plays into the cost. More vacation time was an appealing perk for 80% of respondents. Both of these benefits typically cost the employer nothing - and often save money by lowering overhead costs. Both flexible hours and work-from-home arrangements are affordable perks for companies that want to offer appealing benefits but can’t afford an expensive benefits package. They value flexible hours and work-life balance above salary and health insurance in a potential job, according to a recent survey by FlexJobs.Įighty-eight percent of respondents said they’d give some or heavy consideration to a job offering flexible hours, while 80% would give consideration to a job that lets them work from home. Furthermore, flexibility and work-life balance are of utmost importance to a large segment of the workforce: parents. A majority of respondents reported that flexible hours, more vacation time, more work-from-home options, and unlimited vacation time could help give a lower-paying job an edge over a high-paying job with fewer benefits. The next most-valued benefits were ones that offer flexibility and improve work-life balance. Health insurance is the most expensive benefit to provide, with an average cost of $6,435 per employee for individual coverage, or $18,142 for family coverage. workers, ranging in age from 18 to 81, a list of 17 benefits and asked them how heavily they would weigh the options when deciding between a high-paying job and a lower-paying job with more perks.īetter health, dental, and vision insurance topped the list, with 88% of respondents saying that they would give this benefit “some consideration” (34%) or “heavy consideration” (54%) when choosing a job. Furthermore, we found that certain benefits can win over some job seekers faced with higher-paying offers that come with fewer additional advantages.Īs part of our study, we gave 2,000 U.S.
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A new survey conducted by my team at Fractl found that, after health insurance, employees place the highest value on benefits that are relatively low-cost to employers, such as flexible hours, more paid vacation time, and work-from-home options.
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And plenty of smaller companies have received attention for their unusual benefits, such as vacation expense reimbursement and free books.īut what should a business do if it can’t afford Google-sized benefits? You don’t need to break the bank to offer attractive extras. SAS has a college scholarship program for the children of employees. Twitter employees enjoy three catered meals per day, on-site acupuncture, and improv classes.
Free text searching benefits professional#
Google is famous for its over-the-top perks, which include lunches made by a professional chef, biweekly chair massages, yoga classes, and haircuts. The survey also found that 80% of employees would choose additional benefits over a pay raise. According to Glassdoor’s 2015 Employment Confidence Survey, about 60% of people report that benefits and perks are a major factor in considering whether to accept a job offer. In today’s hiring market, a generous benefits package is essential for attracting and retaining top talent.