Don’t spend a fortune: Staff want early finish Fridays and flexible hours

New research reveals…

New research on office workers show the perks people want and get

  • A quarter of office workers say that the simple ‘early finish Fridays’ would motivate them the most
  • More than 1 in 10 office workers don’t get any perks
  • More than a third of office workers would consider changing jobs due to the perks on offer

A lot of employers have the perception that offering staff benefits has to cost a fortune, but new research from Paymentsense shows that it’s not the expensive perks that employees actually want. The research, conducted on 2,000 full time office workers, from across the UK, shows that the main perks that staff want are an early finish on a Friday, flexible hours and a free day off here and there, either for birthday, duvet day or moving day.

Obviously, there are some perks that can cost money but research shows that at least 6 of the top 10 don’t have to cost a lot, but will make a lot of difference. Below are the top ten perks people want:

  • Early finish Fridays 35 per cent
  • Unlimited holiday 35 per cent
  • Bonuses (company wide) 32 per cent
  • Flexible hours 30 per cent
  • Day off for duvet day/birthday holiday/moving house holiday 28 per cent
  • Performance based bonuses 25 per cent
  • Gym membership 22 per cent
  • Remote working 21 per cent
  • Free fruit/snacks 18 per cent
  • Extra training 15 per cent

Keeping staff happy needs to be priority for businesses it can majorly effect productivity levels, and Paymentsense research shows that 1 in 10 office workers don’t get any perks. Further to this, two thirds of people who gave themselves a work happiness rating of 2/10 would consider changing jobs just because of the perks on offer – employers need to be careful! Offering to finish just a couple of hours early on a Friday could help save staff from leaving.

The top 5 perks that staff want to improve their motivation are below:

  • Early finish Fridays 26 per cent
  • Unlimited holiday 25 per cent
  • Bonuses (company wide) 24 per cent
  • Flexible hours 22 per cent
  • Performance based bonus 21 per cent

Interestingly, some Brits would even sacrifice some of their salary to get certain work perks. More than 1 in 5 workers would sacrifice up to 15 per cent of their salary so they could have flexible working!

We’ve broken these stats down into London specific regions too:

London

Top 5 perks Londoners haveTop 5 perks Londoners want
  • Free tea and coffee 58 per cent
  • Early finish Fridays 38 per cent
  • Christmas party paid for 45 per cent
  • Unlimited holiday 36 per cent
  • Pension contribution (over legal requirement) 35 per cent
  • Bonuses (company wide) 31 per cent
  • Flexible hours 33 per cent
  • Flexible hours 30 per cent
  • Bonuses company wide 26 per cent
  • Duvet day/birthday holiday/moving house holiday 27 per cent
  • 41 per cent of Londoners would consider changing jobs based on the perks on offer
  • Londoners think their employer spends £35.86 a month, per employee, on perks.
  • Londoners, on average, would sacrifice 5 per cent of their salary in order to get flexible working
  • Londoners think that early finish Fridays would be perk that would motivate them the most and unlimited holiday would make them the happiest.
  • Londoners gave having work perks an importance rating of 6.39/10
  • 1 in 5 London employees get over the legal requirement of maternity/paternity leave

Social Bookmarks