Benefits employees actually want

Fair Salary and Compensation

Ultimately the reason people are working in the first place is to earn a living, so in order to remain competitive as a business, you need to understand what the salary expectations are across different roles and industries, as well as how this might fluctuate.

Employers should regularly benchmark their compensation packages against industry standards and if possible, make adjustments when needed in order to stay competitive.

A good pension scheme

Planning for the future is key, which is why the importance of a good pension scheme is highly valued among candidates.

While a pension scheme is a mandatory offering in the UK, the importance of a good pension scheme is valued by many job seekers. A solid pension scheme provides employees with the security and peace of mind they need for retirement planning.

As life expectancy increases, employees are placing greater importance on well-structured and company-contributed pension plans that can help them achieve long-term financial stability.

Stock purchase plans

Stock purchase plans are a great incentive, allowing employees to invest in their workplace and aligning their interests with the company’s performance.

These schemes not only provide financial incentives, but also create a sense of ownership and loyalty, leading to increased engagement and productivity.

Flexible working hours

Employee surveys have shown that since 2022 flexible working arrangements have overtaken compensation as the number one priority that candidates seek when looking for a new job.

Flexible working arrangements empower employees to maintain a healthy work-life balance, which can lead to higher job satisfaction and reduced burnout.

Some of the benefits of flexible working include:

• Allowing parents to get back into work – Due to being able to flex their schedule around school pick-up times.
• Improved overall physical fitness – People are able to fit gym classes, sports clubs, or even just get out on a walk into their day due to having the ability to flex their work schedule around this.
• Increased productivity – Flexible working allows employees to work during their most productive hours, which can lead to better focus and efficiency.
• Higher levels of job satisfaction – Providing employees with a greater level of autonomy over their work schedules can lead to greater job satisfaction and increased retention.

Flexible working can be provided in many forms to suit your business, whether it’s through remote work options, hot desking, or having core operating hours that employees can then flex either side of these hours to suit their schedule.

Hybrid working schedule

Since the Covid-19 pandemic forced many to work remotely, more and more people have become aware of the work-life balance that can be achieved with a hybrid approach.

Employees appreciate the option to work both remotely and in-office, allowing for a balance between collaboration with colleagues and focused, individual work.

Hybrid working offers the best of both worlds, enabling employees to tailor their work environment to their needs while still maintaining strong connections within the team.

Benefits of hybrid working are similar to flexible working, with increased productivity:

• Improved job satisfaction
• Improved physical health benefits for employees
• Allowing more people to join the workforce who previously would struggle to be in an office full time – such as parents or carers, people who might have a disability that makes it difficult to commute to or work in an office 5-days a week, people who live further away from the office and many more!

Health Care Plans

Health is wealth, and employees know it.

Whether it’s a private healthcare plan, a health cashback scheme, or other health benefits; Health care plans that might cover medical, dental, mental health, or physiotherapy support are among the most desired benefits for candidates.

With the rising cost of healthcare and current pressures placed on the NHS – providing access to high-quality, speedy healthcare services is a benefit that job seekers are looking out for!

In addition, offering wellness programs and mental health resources shows that employers genuinely care about their employees’ overall well-being.

Good working conditions

While this might seem like we’re stating the obvious, many of the current workforce that we’ve spoken to say the only thing that matters to them other than compensation is good working conditions.

Good working conditions mean providing ergonomic workstations, access to quiet spaces, and maintaining a positive, inclusive company culture.

A well-designed workplace goes beyond aesthetics, ensuring you are ensuring people have the right tools and equipment, as well as working within a healthy company culture contributes to both physical and psychological well-being, which ultimately boosts productivity.

Progression opportunities

Career development is another major factor that employees consider when evaluating a job offer or deciding to stay with a company.

Clear pathways for growth, training programs, and mentorship opportunities make employees feel valued and invested.

Offering regular feedback, promotions, and chances to take on new challenges can significantly enhance job satisfaction and loyalty.

At T2M we focus on matching the right candidates with the right clients. We want our candidates to be working somewhere they are passionate about, and our clients to gain valuable expertise to help reach their strategic goals.

Whether you’re a candidate looking for your next opportunity, or a business looking to grow your team – experience the T2M approach for yourself and contact us today!