Infographic: 16 perks that supersede pay

Cash is no longer king—at least for younger workers. Don’t skimp on benefits such as health insurance, paid time off and flexible scheduling.

Ragan Insider Premium Content
Ragan Insider Content

At least that would appear to be the case, according to an infographic from SnackNation that lists 16 work perks that survey respondents ranked as more important than cash.

Using data compiled by Glassdoor, the graphic says, “Eighty-nine percent of younger employees (ages 18–34) would prefer benefits and perks over a pay raise.”

1. Health insurance. Medical debt is the No. 1 cause of bankruptcy in the United States. Your workers, it turns out, are not eager to pay $153,000 for a rattlesnake selfie gone awry.

2. Vacation and paid time off. Forget that business about millennials not taking vacation. Dispel “vacation shame” by encouraging workers to take advantage of generous time-off allowances. Provide sick days, too.

3. Performance bonuses. It’s a problem of motivation, all right?”

To read the full story, log in.
Become a Ragan Insider member to read this article and all other archived content.
Sign up today

Already a member? Log in here.
Learn more about Ragan Insider.