- Paid holiday, pensions and flexible working top the list of benefits employees value the most
- Being allowed to take your dog into the office and having workplace entertainment like table football are benefits employees are least interested in
- Over a third (38%) of employers would like to improve workplace benefits rather than increase salaries
Traditional workplace benefits like holiday allowance and pensions have trumped quirkier 'benefits' like being allowed to take your dog into the office, in a survey by Aviva1.
Out of a wide range of workplace benefits, 43% of UK employees said they were least interested in being allowed to take their dog into the workplace. More than a third of workers (34%) also said they weren’t interested in office entertainment like table football and video games. And more than one in four people (26%) even said workplace socials like summer and Christmas parties were among the benefits they were least interested in.
Traditional workplace benefits came out on top in the survey, as 43% of people said they were most interested in paid holiday, 41% opted for their pension with 39% choosing flexible working as the benefit they are most keen on.
Table 1: Which workplace benefits are employees most and least interested in?
Which workplace benefits are employees most interested in?
Which workplace benefits are employees least interested in?
22-35 days annual paid leave (44%)
Dogs in the office (43%)
Pension scheme (41%)
Entertainment at work - films, video games, table football (35%)
Flexible working (39%)
Childcare vouchers and/or on-site childcare (31%)
Paid sick leave and/or critical illness cover (38%)
Social events – parties, away days (26%)
Bonuses and/or profit and share schemes (25%)
Free/subsidised gym membership (26%)
Salary vs Benefits
For most people, pay will always be the ultimate benefit, and Aviva’s research proved that to be the case as 85% of workers said they would choose a salary increase over an improvement in their workplace benefits.
However, employers had a slightly different view with more than a third (38%) saying they would prefer to improve their benefits package for employees over increasing salaries.
Colin Williams, Managing Director of Workplace Benefits at Aviva, said:
Workplace benefits have really come under the spotlight in recent years as employers and employees realise that while salary is important, there’s more that can be offered.
But while we hear of companies across the world experimenting with a range of benefits, some more unusual than others, it’s encouraging to see that employees still value the more traditional benefits.
Offering holiday, a decent pension and access to flexible working are clearly important to employees. These types of benefits can help create the foundations of a resilient workforce and a resilient business.
You can read more about Aviva’s research here.
- ENDS -
1 2,011 UK employees and 502 managers and above with recruitment responsibilities surveyed by Censuswide in March 2019 on behalf of Aviva.
Notes to editors:
- Aviva provides life insurance, general insurance, health insurance and asset management to 33 million customers.
- In the UK we are the leading insurer serving one in every four households and have strong businesses in selected markets in Europe, Asia and Canada. Our shares are listed on the London Stock Exchange and we are a member of the FTSE100 index.
- Aviva’s asset management business, Aviva Investors, provides asset management services to both Aviva and external clients, and currently manages over £331 billion in assets (as at 31 December 2018). Total group assets under management at the Aviva group are £470 billion (as at 31 December 2018).
- Aviva helps people save for the future and manage the risks of everyday life; in 2017, we paid out 98% of all our claims across all our markets and insurance products. We paid £34.6 billion in benefits and claims in 2017.
- By serving our customers well, we are building a business which is strong and sustainable, which our people are proud to work for, and which makes a positive contribution to society.
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