UK workforce puts sick pay ahead of salary growth and pensions - London Business News | Londonlovesbusiness.com
Briefly

UK workforce puts sick pay ahead of salary growth and pensions - London Business News | Londonlovesbusiness.com
Research shows that 68% of UK workers consider paid sick leave the most important employee benefit, followed by pay increases that match inflation (60%) and flexible working hours (58%). The stability in these preferences over four years indicates a consistent value placed on job security and financial protection. Other valued benefits include pension matching (54%) and additional holiday (50%). Younger workers prioritize flexibility and training, while older workers focus on pension contributions.
"A survey of 2,000 UK workers found that 68% rank company sick pay as the single most valuable employee benefit, ahead of annual pay rises, pensions, and flexible working arrangements."
"The research suggests a broadly balanced mix of financial and non-financial priorities among workers, with wellbeing, flexibility, and long-term financial security all featuring prominently alongside immediate pay considerations."
"Ciphr noted that employees increasingly value benefits that support health, wellbeing, and work-life balance, as well as those that contribute to long-term financial stability."
"Differences in priorities across age groups were highlighted, with workers under 45 prioritizing flexible working and training opportunities, while those over 45 emphasized pension contributions."
[
|
]