Four out of five employees believe a pension scheme is the most important workplace benefit while le...
Four out of five employees believe a pension scheme is the most important workplace benefit while less than two-thirds of employers offer the benefit to staff, according to a survey by Virgin Direct.
The findings, based on a survey of 300 employers and 574 employees, showed a difference between employers' and employees' perceptions of the most important perks for workers.
Employers said they felt that flexible working hours were the most important perk, with 62% providing it, compared with 71% of workers.
Health insurance was rated important by 64% of employees but only 18% of employers offered it and 55% of workers said they believed life insurance was important compared to just 18% of companies who offer it.
Gordon Maw, marketing manager at Virgin Direct, said: "Fashions in the workplace change and a pension that your company pays into now is seen as the top perk where in the past a company car may have been seen as the ultimate benefit."
Virgin recently published research that showed 46% of the 158,000 companies in the UK employing more than five staff which do not yet offer a pension plan intend to start contributing to one next year as a result of stakeholder pensions.
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