Companies need to offer the right incentives if they want to attract and retain top talent, but a new survey finds they may be focusing on the wrong benefits.
According to research from global staffing firm Robert Half, flexible work schedules (88 percent of workers surveyed), a compressed workweek (66 percent) and the ability to telecommute (55 percent) are the most desired nonmonetary perks. However, while many companies said they offer flexible work schedules (62 percent), far fewer offer shorter workweeks (17 percent) or remote work options (14 percent).
There was less of a disconnect when it came to monetary motivators: Workers surveyed said annual or biannual bonuses are their most desired incentive (77 percent) when considering job offers, followed by profit-sharing plans and sign-on bonuses (tied at 49 percent). On the employer side, 44 percent of those surveyed said they offer annual or biannual bonuses, while 33 percent offer profit-sharing plans and only 19 percent offer sign-on bonuses.
The survey was developed by Robert Half and conducted by an independent research firm. It includes responses from more than 1,500 workers and more than 600 human resources managers in North America.