Two in five workers would take a pay cut for better benefits

MetLife research shows

Jaskeet Briah
clock • 1 min read

Two in five (40%) UK workers would choose a job that pays a lower salary if generous employee benefits were offered, including income protection, death in service or hybrid working, MetLife UK has found.

According to a survey of 2,009 employees, the protection and employee benefits provider found that financial bonuses (37%) were the top priority when looking at the financial benefits of a potential new job. This was followed by generous pension contributions (35%), income protection (33%) and private healthcare and dental care (26%). In terms of other employee benefits, nearly half (47%) ranked hybrid and flexible working as important, while 42% would look at annual leave allowances and 34% wished for mental health support and wellness packages. Adrian Matthews, head of employee b...

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