Pension: Expert advises people to ‘start sooner’
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To find out, Moneypenny analysed 1000 job advertisements on Indeed.com and surveyed 1,000 UK office workers, revealing the most commonly offered benefits and how they line up with the workforce’s expectations.
Unsurprisingly, pension was the number one perk offered across all Indeed job listings analysed.
Forty-one percent of employers listed a pension as one of the perks a potential employee can expect if they are successful in their application.
This was followed by working from home, however, only 22 percent of job advertisements offering this benefit, despite it proving to be a viable option for many workers during the pandemic.
The top five most offered benefits according to the Indeed analysis were as follows:
Pension- 41 percent
Working from home- 22 percent
Gym- 12 percent
Flexible working- 11 percent
Sick pay- 11 percent
Just 22 percent of employers offered a work from home perk (Image: GETTY)
The survey took a closer look to see if these listings reflect how the UK feels about work benefits.
The top three perks listed above were also named as the top three benefits that UK workers believe should be standard for employees – pension, sick pay and flexible working hours.
The other listed perks that workers do not believe should be added as ‘extra’ were as follows:
4. Free eye tests
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5. Working from home
6. Maternity/paternity and adoption leave
7.Time in lieu
8. Kitchen facilities, and tea and coffee
A pension is the most popular perk on offer (Image: GETTY)
The survey also revealed the benefits that UK employees already have included at their workplaces.
This included a pension (49 percent), sick pay (44 percent) and on-site parking (31 percent).
There were also some less common benefits such as four percent of respondents having unlimited paid holidays and five percent saying they have dog-friendly workspaces.
Moneypenny also analysed the survey’s results by region, highlighting that a pension is deemed a mandatory perk by workers in East Anglia, East Midlands, London, North West, Northern Ireland and Wales.
However, sick pay was the top choice for the North East, Scotland, South East, South West, West Midlands and Yorkshire and the Humber.
Ceri Henfrey, Chief Operating Officer at Moneypenny said: “After spending months cooped up indoors, having a healthy work-life balance is more important than ever.
“We believe that one of the ways to help keep your staff happy is to provide them competitive and useful benefits that will enhance their experience working for you.
“We’re not surprised to see flexible working, wellbeing programs and more ‘fun focused’ perks being featured across the listings we analysed; however, it would be amazing to see more companies following suit in the future!”