Glassdoor Benefits Reviews There Are More Than 50 Specific Benefits
Companies like Netflix accept recently fabricated headlines by providing employees with increased parental leave, and other employers provide appealing perks similar unlimited vacation, complimentary lunches and more. On the other manus, many U.S. employees don't receive benefits like medical insurance or paid time off.
How valuable are benefits and perks?
Co-ordinate to Glassdoor's Q3 2015 Employment Conviction Survey¹, nigh four in 5 (79%) of employeestwo would prefer new or additional benefits to a pay increase. Specifically, more women (82%) than men (76%) prefer benefits or perks to a pay raise. And, younger employees anile eighteen-34 (89%) and 35-44 (84%) prefer benefits or perks to pay raises when compared to those aged 45-54 (lxx%) and 55-64 (66%).
Types of Benefits/Perks Valued More than Than Pay Raises
- Healthcare insurance (e.g., medical, dental): 40%
- Vacation/Paid fourth dimension off: 37%
- Operation bonus: 35%
- Paid sick days: 32%
- 401(k) plan, retirement programme and/or pension: 31%
- Flexible schedule (e.yard., work from home): thirty%
- Function perks (east.g., free lunch, casual clothes): 19%
- Employee development programs (e.g., on-the-job training, professional evolution): xix%
- Tuition reimbursement: xviii%
- Employee discounts: 17%
- Gym membership or health programs: 16%
- Stock, stock options and/or equity: 16%
- Paid parental leave (east.g., maternity go out, adoption aid): xiii%
- Childcare assistance (e.g., on-site childcare, financial help): 13%
- Commuter assistance (e.1000., company shuttle, commuter checks): 9%
- Diversity program: 3%
Glassdoor's survey also looks at cadre measures of job market confidence: rehire probability, salary expectations, task security and business concern outlook.
"Every bit the U.S. economy continues to expand and job market confidence continues to rise, in that location is no doubtfulness information technology is a task seeker's market place. This is a clear signal to employers that in social club to compete in today's labor marketplace, it'southward non just about salary and compensation, employers should be communicating clearly well-nigh non-traditional compensation. Recruiters should take notation that touting the benefits and perks offered can help win talent of dissimilar demographics, industries and occupations," said Rusty Rueff, Glassdoor career and workplace expert.
More Employees Confident in Job Market – New High in More than Than 6 Years
At a new high since this question was first asked more six and a half years ago, 54% of employees (including those self-employed) report confidence that if they lost their job, they would be able to discover a job matched to their experience and current compensation levels in the side by side six months. This ticked up 2 per centum points since last quarter. Of those unemployed but looking for work, rehire probability confidence is downwardly 6 percent points to 40% since last quarter (46%), merely up vii per centum points compared to final twelvemonth (Q3 2014, 33%). When we await at age, younger employees (including those self-employed) aged 18-34 years old (threescore%) are significantly more than optimistic in their ability to find a chore in the next six months when compared to employees aged 55-64 (44%).
Half of Employees Expect Bacon Increase
Pay raise expectations have also continued to rise. For the offset fourth dimension since this question was asked in Q4 2008, half (fifty%) of employees wait to receive a pay enhance or cost-of-living increase in the next 12 months, upwardly 3 percentage points from last quarter (47%). Pay raise confidence among women increased 7 percentage points from concluding quarter (42%) to 49%, while pay raise confidence amongst men ticked upward 1 pct signal to 51 percent compared to concluding quarter (50 percent).
Read more from our Q3 2015 Glassdoor Employment Conviction Survey, including our survey supplement which provides a detailed quarter-by-quarter breakup of results.
Would you rather accept benefits and perks than a bacon increase? Share your opinion beneath.
1 The Q3 2015 survey was conducted online within the Usa by Harris Poll on behalf of Glassdoor from September 18-22, 2015 among ii,016 adults ages 18 and older, among which 1,119 are employed or unemployed simply looking, 1,011 are employed (total-time, role-time or self-employed), 903 are full-fourth dimension/part-fourth dimension employees, and 108 are unemployed but looking. This online survey is not based on a probability sample and therefore no approximate of theoretical sampling error can be calculated. For complete survey methodology, including weighting variables, please contact pr@glassdoor.com.
2 For the purposes of this report, "employees" were defined as U.S. adults 18+ employed full time and/or part time unless otherwise indicated.
Source: https://www.glassdoor.com/blog/ecs-q3-2015/
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