The most valued employee benefits – including flexible hours and parental leave policies

THE most valued work perks include flexible hours and a strong sense of ‘family’ between colleagues, according to research.

A survey of 2,000 workers aged 18-41 revealed what they value when it comes to their careers, including the ability to meet new people, sample different roles and offer a good work-life balance to employees.

However, 78% cent admitted a lack of social interaction would be a key consideration to changing jobs.

In fact, 25% of 18-41-year-olds thought about switching jobs in the past year due to concerns for their mental health.

But there was also a large generational divide, as 18% of Gen Zs prioritise flexibility, while 34% of Millennials consider a high salary to be important.

And 38% of Gen Zs also value an employer which champions diversity, equity and inclusion, while 29% of Millennials most value an employer that champions sustainability.

Steve Cassidy, senior vice president and managing director in UK and Ireland for Hilton, which commissioned the research, said: “Our research shows the pandemic has shifted how we think about work, and I am proud Hilton has continued to evolve to meet the ever-changing needs of its teams.

“We lead with culture and are fiercely committed to create a truly diverse and meaningful work environment where individuals are empowered with the tools, technology, and culture to unleash their full potential.”

The research also found having a good work-life balance was a key reason for 39% of Millennials and Gen Zs staying in their current roles.

However, 66% of Millennials and Gen Zs have considered a career in hospitality over the past 12 months.

Of those, having flexible working hours (21%), good travel perks (19%) and career development opportunities (16%) are what they valued from a job.

Steve Cassidy, from Hilton, which is looking to recruit more than 1,400 team members across its hotels, added: “We know when we invest in our team members, our guests and communities also benefit.

“It’s why we’re so committed to providing so many benefits, from life-changing travel opportunities, to ensuring a sense of belonging for every team member.”

Top 10 most important work perks

1. Job stability (54%)
2. Opportunities to earn more (50%)
3. Flexible working arrangements (41%)
4. Strong mental health and wellbeing policies (36%)
5. Performance recognition (35%)
6. Diversity and inclusion in the workplace (34%)
7. Parental leave policies (33%)
8. Social interaction in the workplace (33%)
9. Extensive career development opportunities (32%)
10. Organisation has strong policies on social and environmental issues (31%)

In a bid to improve employee satisfaction, some companies have adopted a four day work week – check out the full list of them.

Plus, new parents could be missing out on up to £7,000 in help – we explain how to claim.

And don’t forget to check if you’ve made this little-known tax mistake to pinch back some pennies.