Four in five employees prefer benefits or perks to a pay raise, according to new statistics gathered by SCORE, a network of volunteer, expert business mentors.
Employee perks are growing in popularity for both employees and employers. Perks are privileges granted to employees in addition to their salaries and benefits, which have little to no cash value. 42% of full-time employees reported having no perks at all.
Employees consider the following perks when choosing a job:
Perks contribute to employee satisfaction by:
Most common employee perks include:
Source: SCORE and HR Answers.