The COVID-19 pandemic has turned the tables upside down for almost everything across the globe. As more companies transit towards partial or even full-time remote working options, the management is forced to look through employee benefits options and other working policies to accommodate the latest workplace benefits trends. While perks like free office snacks, commuting charges, and pet-friendly workplaces are no longer priorities, companies are looking to support the employee benefits and wellness needs that appeal to their workforce.
With employees preferring to work remotely even after normalcy resumes, employers must figure out creative ways to foster a healthy workplace culture, even in a remote environment. To have a competitive edge over the competitors, employers must offer suitable employee benefits that can help them have a good work-life balance and stay productive. And to offer the right benefits, employers must know what employees actually need.
Money Crashers, a financial website surveyed remote working employees to evaluate their priorities through Google Consumer Surveys. The survey assessed 1,500 American employees about their preferred workplace benefits and perks while working remotely. Here are a few outcomes of the survey.
Preferred Remote Working Benefits
When asked what were the most preferable employee benefits which the respondents preferred while working from home, a majority of them opted for flexible working schedules. 52% of the American workers said that flexible work hours are one of the most attractive employee benefits of a remote working job. 17% said despite working remotely, they would still prioritize a strong, positive, and flexible workplace culture. Only 4% said they were looking for snacks and supplies as preferred remote working benefits.
- 52% – Work hour flexibility
- 17% – Stronger remote workplace culture
- 13% – Home Wi-Fi allowance
- 8% – Time zone flexibility
- 6% – Pay for home working environment
- 4% – Miscellaneous for home office
Remote Working Preferences
When asked if the employees would prefer working from home even after normalcy resumes, a major portion of the respondents preferred working remotely. While 42% said they did not want to continue working remotely, 37% said they preferred it, and 15% said they work remotely full-time already and still prefer it for long. Only 6% said they were working remotely already for full time, but they do not prefer it.
- 42% – No
- 37% – Yes
- 15% – WFH full-time and prefer it
- 6% – WFH full-time and do not prefer it
Every 1 in 5 workers prioritized a strong team and workplace culture. They said it was the most important factor while working in a remote position.
According to a Gallup study, the average number of working days doubled from 5.8 days in 2019 fall to 11.9 in 2020 summer. Also, average working hours in a day increased by 48 minutes. However, the study also revealed that the working hours did not relate to employee productivity.
A previous study by the SCORE corporate mentorship program found similar employee benefits preferences in 2018 itself. According to the study, 53% of employees said that suitable workplace benefits and perks improved their quality of life. While 88% of the respondents preferred flexible working hours, 80% opted for more vacation time, and 80% preferred remote working options. Only 32% chose free snacks as a significant workplace benefit.
The outcomes from these studies and other trending employee benefits reports can help employers in planning a suitable employee benefits package in 2021. While keeping up with the trends is important, it is more essential to understand what your workforce really needs. Companies can conduct employee pulse surveys to identify employee demands and requirements to plan suitable wellness benefits packages.
Unlike old times, employees now prefer workplaces that foster healthy workplace cultures and support employee wellness. And HR managers and employers must consider every detail to ensure higher employee engagement, productivity, retention, and wellbeing, all reflecting in better business growth.