Staff see homeworking as major perk
Staff see homeworking as major perk
New reports suggest that providing staff with flexible working options and the ability to work from home will often be seen as a bigger perk than a pay rise.
This is according to research carried out by researchers at the University of Illinois. They found that a pay rise only results in a short-lived feeling of satisfaction, before staff quickly start to compare themselves, once more, with their colleagues. However, providing home working options helps to create a long-term sense of work satisfaction and happiness.
Professor Amit Kramer, from the university, told The Daily Mail: “I think most people would agree that a certain level of pay that allows you to meet your needs is critical. However, beyond that level, relative pay becomes an issue and with it, perception of pay or pay satisfaction.”
The researcher added, "Organisations believe that actual pay is the No. 1 incentive for employees. While this may be true for some employees, for others the social aspects of pay and the things they perceive to be sacrificing for pay are stronger or act as additional incentives and disincentives.”
The researchers went on to find that staff valued flexibility and home working options more than expected. Prof Kramer said that this was due to the fact that the boundaries between work and home life are becoming increasingly blurred and workers are growing more and more aware of the technology available to help them do their job from home. “That type of a flexible policy that would allow all employees - not just those with families - to better balance work, family and life demands as they see fit,” explained Prof. Kramer.
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