'Benefitsmaxxing' | UK workers look beyond pay during period of slowing wage growth

A growing number of UK workers are choosing jobs based on benefits rather than salary alone, as wage growth continues to lag behind the cost of living and employers face mounting cost pressures. 

The new trend dubbed 'benefitsmaxxing' reflects a shift in employees strategically choosing job opportunities based on comprehensive benefits packages rather than salary alone. This new phenomenon is forcing employers to rethink their approach to talent retention at a time when wage growth is failing to keep pace with inflation.`