New member enquiries 0800 414 8001 *

Existing members 0800 414 8100 *

Employee Benefits: What we’re Really Thinking

Share this

twitter iconfacebook icongoogleplus iconlinkedin icon

Findings in our most recent survey showed that only 24% of Employee Benefits Schema employees are happy with their current benefits package, meaning a resounding three quarters of us are not.

Could it be that our career expectations have changed? Or do long hours and feeling stressed mean greater numbers of us need healthcare benefits and flexi-time than ever before?

Healthcare for all

For the 2000 people surveyed, a paid healthcare package was the most important benefit, with 21% of employees selecting this as their top choice. Interestingly though, employees stated that they thought healthcare packages were the responsibility of their companies, but the majority of those surveyed didn’t currently receive this benefit. So, should a paid healthcare package be a standard entitlement?

Employer disconnect

According to the survey, people are being provided with a benefits package that doesn’t respond to their requirements, and employers must recognise this.

It has also been suggested that a tailored benefits package could result in loyalty from staff and longevity within an organisation. However, there does seem to be a difference across age groups as to which benefits are most important to them.

Forward thinking

Should we be addressing individuals and providing a more specific type of benefits package? The figures suggested that younger employees’ preferences sit with healthcare, gym memberships and an open holiday policy when compared to over 55s. The middle age group, on the other hand, rated flexible working more highly, while those aged 44 and above ranked having a company pension as the most important benefit to them. So, as the survey indicates, our age and situation does have an influence on what we perceive as the most important benefits, and to grow as a business, we may have to consider tailoring our offering to the individual, no matter how admin-heavy the task.

Pensions are important too

Company pensions were considered the second most significant benefit to employees, with 19% selecting this option. The survey also found that nearly half of respondents weren’t offered a pension as part of their employment package prior to the government introduction of mandatory pensions.

Weird and wonderful

Though many were not offered the chance to opt into a company pension scheme, or reap the rewards of an employment healthcare programme, there were more unusual benefits on offer to the employees surveyed. Egg freezing for fertility, having a fruit bowl and bringing a pet to work were some of the more weird and wonderful, but these all fell short of what employees actually wanted. Bringing a pet to work was actually thought to be the most poorly-valued workplace benefit, with 17% thinking so.

Though many of us may think that employees will be attracted to the more obscure and competitive benefits on offer, what we actually look for is the more traditional package of healthcare, bonuses and pensions. It’s up to companies to ensure that the flexibility and choice that employees’ desire is put into practice, in return for loyal service. 

This article was first published on 11th December 2015.

Healthcare for Business

A unique approach to healthcare for your employees.

Find out more

Health Cash Plan for Business

Family playing in the countryside

View our new health cash plan & cover options available today.

Find out more Cover levels

Personal healthcare

Family having a picnic

Quality discretionary healthcare for only £9.10 per person per month. 

Find out more Join now

twitter icon facebook icon youtube icon linkedin icon googleplus icon

Contact us - We would love to hear from you

New members

Send us a message

Benenden Personal Healthcare
Holgate Park Drive
York
YO26 4GG
0800 414 8001 * (Lines open 8am-5pm, Mon-Fri excluding Bank Holidays)

Existing members

Send us a message

Benenden Personal Healthcare
Holgate Park Drive
York
YO26 4GG
0800 414 8100 * (Lines open 8am - 8pm, Mon-Fri excluding Bank Holidays)

Please note that your call may be recorded for our mutual security and also for training and quality purposes.

Health cash plans

Benenden Health Cash Plan
BHSF Limited
2 Darnley Road,
Birmingham,
B16 8TE
0800 414 8071

Lines are open 8.45am to 5.30pm Monday to Friday.

Self-pay orthopaedic surgery

Send us a message

Benenden Hospital Trust
Goddard's Green Road
Benenden
Cranbrook
Kent
TN17 4AX
01580 242521 (Lines open 8am-4.30pm Mon-Fri)

Health assessments

Send us a message

Health assessments
Unit 1, Cameron Court
Cameron Street
Hillington Park
Glasgow
G52 4JH
0800 414 8486*

Travel insurance

Send us a message

Travel insurance
2nd Floor Maitland House
Warrior Square
Southend-on-Sea
Essex
SS1 2JY
0800 414 8301*

Lines open for Sales
9am-8pm Monday to Friday 
9am-5pm Saturday
10am-5pm Sunday

Lines open for Customer Services
9am-8pm Monday to Friday
9am-5pm Saturday
10am-5pm Sunday

Benenden business healthcare

Send us a message

Benenden Business Healthcare
Holgate Park Drive
York
YO26 4GG
0800 414 8179* (Lines open 9am-5pm Mon-Fri)

Home insurance

Send us a message

Benenden Home Insurance
1st Floor Maitland House
Warrior Square
Southend on Sea
Essex
SS1 2JY
0800 414 8556* (Lines open Monday to Friday 9am – 7pm, Saturday 9am – 5pm, excludes Bank Holidays)

Home Emergency
0800 294 2851* (Lines open 24 hours a day)

Legal Expenses
0330 100 9618* (Lines open 24 hours a day)

Charitable trust

Send us a message

Find out more

Charitable Trust
Holgate Park Drive
York
YO26 4GG
0800 414 8450* (Lines open 8am - 4pm Mon-Fri)