21st June 2010 / Posted in: Benefits, General, Human Resources, Staff engagement
In a recent survey conducted amongst 1,167 staff at PricewaterhouseCoopers the most highly valued benefit was found to be flexible working. It was first choice for 47% of staff surveyed, followed by 19% wanting performance-related bonuses and 15% wanting a good company pension scheme.
The main reason for the choice was work-life balance.
Currently employees who are parents of children aged under 17 or disabled children aged under 18 have a statutory right to apply for a change to the terms and conditions of their employment to have flexible working arrangements to look after their children. Employees who are carers of specified categories of adults have the same statutory right.
The government says it plans to extend flexible working to all but has not announced when. Employees who have chosen not to have children, or can’t have children, don’t have a statutory right to request flexible working so employers that do offer this group flexible working as a benefit may have more motivated and satisfied staff.
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