Two thirds say benefits would impact their decision to change jobs by Emily Perryman for Health Insurance Magazine
Four fifths of UK adults consider their employee benefits package as a quite or very important part of their remuneration package, a survey has found.
A poll of 2,000 savers and investors by Equiniti also showed that a third of employees said their benefits package impacted their decision to move to their current employer.
Two thirds said it would impact their decision to move to a future employer.
In a time of wage stagnation, benefits packages are becoming increasingly important when it comes to attracting young talent, Equiniti said.
The research found 41% of people under 35 said wider benefits had impacted their decision to join their current employer. This figure rocketed to 86% when asked about moving jobs in the future.
Only 30% of those over 45 said benefits had impact their decision to move to their current employer.
Phil Ainsley, Equiniti’s managing director of employee services, said young employees are looking for a reward and benefits package which enhances their lifestyle or improves their overall financial wellbeing.
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