How benefits have overtaken pay as the key to hiring and keeping staff

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How benefits have overtaken pay as the key to hiring and keeping staff
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Flexible working tops attractions for employees as companies seek low-cost ways to compete for talent

Employers across the UK are having to be more creative in how they attract and retain staff, as basic salary rises are failing to keep up with inflation. And while some companies are looking to pay more, recruiters say this approach, alone, is unlikely to work in the face of rising costs.

When considering a new role, 71 per cent of workers said being able to have a flexible working pattern was important to them and 69 per cent said that the ability to work remotely was important. When asked what sort of flexibility was wanted from an employer, the most popular response — from 46 per cent — was variable start and finish times. One-third cited flexibility around rotas. Stull says companies that offer flexibility are hiring twice as fast as those that do not.

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