Young job hoppers jump ship only when another company offers more money, right?
According to an infographic published by Score, four out of five employees prefer better benefits or perks over a pay raise.
That doesn’t mean top employees are content to accept below-market salaries, but it does mean employers have some wiggle room in negotiations. This is especially true when 42% of full-time workers get no benefits at all, per Score. Which perks do employees want, and which are a waste of money?
Think of unusual rewards employees appreciate more than raises. Although no two employees are exactly alike, the following perks appeal to a wide variety of top workers:
1. VIP access. Young employees care more about experiences than things. Why not attract the best new talent by offering exclusive access to theaters, concerts, pro sports and other high-profile events? Companies often get better group rates than individuals can. Access to backstage passes can tip the balance between competing offers.