The number of workplace perks being offered by employers has increased by more than 160% in the last four years, according to research by job listing site Indeed.

Indeed analysed the job postings hosted on its platform spanning from mid-2015 to mid-2019, and also found that food-related perks were the most popular advertised to prospective staff, growing by 273% in the period being assessed.

Alcohol-based benefits, such as happy hours and beer fridges, were found to have risen by 124%, while games and activities, including ping pong and pool tables, increased by 90%. The biggest area of growth was in free dinners; posts including this perk increased by 1,476% over the four year period.

The most common perk on offer in 2019 was free breakfasts (36%), free lunches (21%) and table tennis (17%).

Bill Richards, UK managing director at Indeed, said: “Workplace perks are a tried and tested way to attract and retain workers, and our data shows more employers are thinking more creatively when it comes to looking after their staff.

“From the [employee’s] point of view, good perks help make the working day more fun and can reward hard work. For the employer, they offer a chance to signal what the workplace culture is like, and a way to differentiate themselves from other employers in a highly competitive labour market. The rise in the number of [organisations] offering free meals and snacks as well as workplace games like table tennis and pool also suggests employers are focusing on the wellbeing of their staff.

“There is an operational, business case for perks, too. Free meals, games and socialising opportunities encourage mingling and discussion among staff, and can help increase overall levels of happiness, which means staff are likely to be more productive.”

Article – Provision of workplace perks has increased by 160% over four years – by Louron Pratt originally posted on Employee Benefits

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