Fall in employees likely to stay because of benefits

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The proportion of employees saying they were more likely to stay with an employer if they had good benefits has fallen to 66%, from 74% in 2013, a report has found.

Employees have seen their financial wellbeing improve since 2014, with 28% feeling better off, and 26% worse off, with 42% of 16-34 year olds feeling better off, the report said.

The Employee Insight Report 2015 from Capita Employee Benefits is based on a survey of 3,001 UK employees conducted through Research now.

Struggling to keep on top of day-to-day expenses was reported by 22% of employees surveyed, rising to 29% of those aged 25-34.

A pay rise was the most popular (52%) way to make employees feel more valued, while 25% would feel more valued with a thank you.

Three quarters of employees said they had felt stressed at work in the last twelve month, with 82% of 16-24 year olds reporting stress, 19% had taken time off work as a result.

While 42% of employees said they thought their employer would be understanding and that they could take time off work for metal health issues, 33% would feel comfortable talking to their employer about it.

Robin Hames, head of marketing and research at Capita Employee Benefits, said: "Key themes that emerge from the report are rising confidence among employees in terms of financial outlook and an increasing desire of employees to be treated as individuals in the context of benefits and the workplace."

Further Reading:

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