EXCLUSIVE: Flexible working initiatives remain the most popular lifestyle benefit, offered by 76% of organisations overall, and as a core benefit for all employees at 50%, according to research by Employee Benefits.
The Benefits research 2019 report, which surveyed 290 respondents and was published in May 2019, also found that retail or leisure discounts (62%) and enhanced parental leave (54%) are widely offered; both have risen in importance, being provided by 44% and 33% of organisations respectively in 2018.
Employers are increasingly seeing the value of providing parental leave beyond the statutory minimums, as this has increased from 33% in 2018 to 54% this year. This fits with the increased provision of flexible working initiatives, demonstrating a trend in catering to work-life balance and supporting those with caring commitments.
Employee support networks are becoming increasingly prevalent, with 32% of organisations providing them this year, compared to 11% in 2018.
The provision of lifestyle benefits has increased across the board, with each of the top 10 results showing considerable improvements in comparison to last year’s research.
Click to download Employee Benefits' Benefits research 2019