Employers and employees aren’t on the same page when it comes to non-monetary perks and incentives, according to a survey by staffing company Robert Half Canada Inc.
The survey, which polled 1,500 workers and 600 human resources managers in North America, found flexible work schedules, compressed workweeks and the ability to work remotely are the most in-demand perks. However, less than one in five respondents said they offer shortened workweeks or remote work opportunities.
“Professionals today desire flexibility,” said Greg Scileppi, president of international staffing operations at Robert Half, in a press release. “By offering competitive compensation, as well as programs that help their employees achieve greater work-life balance, organizations will more easily attract and retain top talent.”
Looking at monetary incentives, 77 per cent of employee respondents said bonuses are the most sought after incentive when considering job offers, while profit-sharing plans and sign-on bonuses (49 per cent each) were also popular. On the employer side, less than half (44 per cent) of respondents said they offer annual or biannual bonuses, while 33 per cent said they offer profit-sharing plans and 19 per cent said they offer sign-on bonuses.
The survey found that benefits and time off were both widely offered, with 88 per cent of employer respondents noting they provide extended health insurance and 80 per cent providing paid time off, such as vacation, sick days and paid holidays.