62% believe they are fairly paid

Reward & Recognition

Just under two-thirds (62%) believe they are fairly paid for the work that they do, according to research by Synergy.

Its What employees want report, which surveyed 3,000 UK workers, also found that 24% of female respondents do not agree that they are fairly paid, compared to 18% of males.

More than half (58%) of respondents are content with the overall benefits package they receive, however, they feel that there is room for improvement. Some 54% of female respondents agree that they are content with the benefits they receive, compared with 63% of men.

Working from home appears popular, as 68% of respondents say they are happy with their benefits package. A further 57% of respondents say that investment in technology helps them to work more efficiently when looking to work more flexibly.

Overall, just 53% of employees agree that hard work is rewarded in their organisation. One in four (24%) disagree that their employer rewards them for their work, rising to 28% among females and decreasing to 20% for males.

However, just under two-thirds (62%) feel recognised for the work that they do, rising to 66% among respondents working for small and medium-sized enterprises (SMEs).

Gemma McGrattan, director at Synergy, said: “The challenge for UK employers [that] want to keep their people is to try and create an entrepreneurial, high-performance culture within their organisation, where people feel empowered and in control of their own destiny, within a larger setting. This is no easy task of course, but starting by engaging employees to understand how they want to work is an essential first step.

“Employers which have the deepest understanding of the needs and wants of their employees to do their best work, and use this to make changes, will be the ones that thrive.”