Pensions make post-Covid comeback as most valued employee benefit

Overtaking flexible working

Jaskeet Briah
clock • 2 min read

Pensions have retaken the top spot as the most valued employee benefit, according to a survey by Punter Southall Aspire and the People Management Insights.

Around 900 of 1,188 HR professionals reported that their teams put pensions back at the top of the list, regaining pole position two years after flexible working was ranked highest. Flexible working is still valued as an important feature by employees, but ranked lower in 2023 with 893 responses. The third-most valued was mental health and wellbeing with 882. Steve Butler, Punter Southall Aspire chief executive, said pensions had traditionally been seen as the "jewel in the crown" of employee benefits, but the impact of Covid 19 and its effect on working patterns had dislodged this de...

To continue reading this article...

Join COVER for free

  • Unlimited access to real-time news, key trend analysis and industry insights.
  • Stay on top of the latest developments around health and wellbeing, diversity and inclusion and the cost of living crisis.
  • Receive breaking news stories straight to your inbox in the daily newsletter.
  • Members only access to monthly programme 'The COVER Review'
  • Be the first to hear about our CPD accredited events and awards programmes.

Join now

 

Already a Cover member?

Login

More on Employee Benefits

Howden snaps up Barnett Waddingham

Howden snaps up Barnett Waddingham

Provides platform for expansion in global markets

Jaskeet Briah
clock 25 March 2025 • 2 min read
PIB Employee Benefits acquires Amba

PIB Employee Benefits acquires Amba

Technology acquisition

Cameron Roberts
clock 24 March 2025 • 1 min read
Financial services firms to tackle employee wellbeing challenges

Financial services firms to tackle employee wellbeing challenges

Firms to boost health and wellbeing investment

Jaskeet Briah
clock 19 March 2025 • 1 min read