Benefits January 26, 2011

Employers Offer Non-Monetary Perks to Attract Talent

January 26, 2011 (PLANSPONSOR.com) - Companies concerned about keeping their top performers and attracting new ones this year plan to offer non-monetary benefits, a new Accountemps survey has found.
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When chief financial officers (CFOs) were asked about the perks they plan to offer or are already offering, subsidized training and education topped the list (29%), followed by flexible schedules or telecommuting (24%), and mentoring programs (24 percent).   

According to a press release, other responses included: 

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  • Matching gift programs – 13%, 
  • Free or subsidized lunch or snacks – 11%, 
  • Onsite services such as childcare, dry cleaning, fitness centers, cafeterias – 11%, 
  • Subsidized transportation – 10%, 
  • Subsidized gym memberships – 9%, 
  • Sabbaticals – 8%, and 
  • Housing or relocation assistance – 7%. 

 

“Offering training and mentoring opportunities also helps businesses develop a more skilled workforce. Flexible work arrangements cost little to implement but show that a company values its staff and their work-life balance needs,” said Max Messmer, chairman of Accountemps, in the announcement.  

The survey was conducted by an independent research firm and includes responses from more than 1,400 CFOs from a stratified random sample of U.S. companies with 20 or more employees.

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