Share this article:

Benefits | The evolution of the benefits package: are you keeping up?

The evolution of the benefits package: are you keeping up?
The evolution of the benefits package: are you keeping up?

We’re a nation on the search for more personalised workplace benefits with 11.3 million Brits not satisfied with their current benefits package, according to new research from Get Living the UK’s pioneer build-to-rent landlord.

The study of 2,000 workers revealed that almost half (48%) of Brits would leave their current job for one with better benefits and that 7% would be willing to take a pay cut for better perks.

Get Living – which offers homes for rent in big city neighbourhoods and partners with employers to help find housing solutions for their people through its Preferential Partnerships scheme – found that employees cited increased retirement age and the always-on nature of work as reasons why their companies should offer more for their service.

Flexible working hours and holiday allowance were found to be universally important across age groups, with the younger generations increasingly expecting more from their employers to help with specific issues they face. One in 10 employees who started work this decade want employers to offer help with housing, reflecting some of the challenges Millennials and Gen Z face in this area.

Continue reading for FREE!

Sign up for a myGrapevine account to get:

  • Unlimited access to News content
  • The latest Features, Columns & Opinions
  • A full range of specialist HR newsletters to choose from

Welcome Back

Sign up for myGrapevine

* By creating an account you agree that you have read and agree to our Terms and Conditions and that Executive Grapevine International Ltd and its partners may contact you regarding relevant content and products. You will also be added to the HR Grapevine newsletter mailing list.