You are using Internet Explorer - an outdated and unsupported browser, therefore sections of this site may not work as intended. We recommend you to reload the site in a modern browser such as Edge, Firefox or Chrome.

Microsoft's cybersecurity team actively encourages users to stop using Internet Explorer - Edge is now the default browser installed on Windows 10

The benefits of rewarding your staff

31 October 2019

Statistics tell us that employees in the UK are no longer motivated by financial reward alone; in fact flexible working has become a popular request by many and recent research found that 47% of people questioned considered this the most desirable workplace benefit.

But what of those many small and medium-sized businesses that can’t always offer flexible options?  Luckily, 62% of respondents surveyed by CV Library would include company benefits and perks in their decision to find their next job.  In fact 13% would turn down a job if the organisation did not offer workplace perks and 71% of respondents believe all organisations should offer perks.

It is this requirement that a recent MetLife UK report focused on.  Surveying nearly 34,000 businesses employing 3.3million people.  Results showed that more than half (53%) of these small and medium-sized enterprises were looking to expand the benefits they offer as they focus on recruitment and retention.

Many are recognising that appreciated employees are happy employees and with the right benefits package you can retain your best people.  You might even save some money if your perks package is tailored to be as attractive as a higher salary, at a fraction of the cost.

At Corinthian we have helped hundreds of SMEs such as these create bespoke company benefits programmes to reward the true value of their staff.  As an independent consultancy we work with all the major providers of employee benefits.  We know their products and access great deals; from cycle schemes to lifestyle perks. We can offer the right advice and save client’s money.

If you are looking for affordable, effective and relevant ways to reward your team speak to an Employee Benefits Consultant at Corinthian Benefits on 0208 189 6100.