Aviva Insurance Limited
PO Box 4 Surrey Street Norwich NR1 3NG
+44 (0)1603 622200
https://broker.aviva.co.uk/
  • About Aviva

    Aviva Insurance Limited is one of the UK’s leading insurance companies, part of the Aviva group with 34 million customers Worldwide. Aviva Insurance has been in the insurance business for more than 300 years.  In UK commercial, the insurance market remains challenging for insurance brokers and customers, due to the ongoing economic conditions. Aviva Insurance are focusing on improving our processes to ensure Aviva provide commercial customers with insurance cover at an acceptable price.  Insurance brokers also recognised our excellent customer service by voting us Insurance Times General Insurer of the Year in 2012, for the second year running.  youTalk-insurance sharing Aviva insurance news and video.

Aviva survey rates the workplace benefits employees are most and least interested in

Employee-benefits
  • Paid holiday, pensions and flexible working top the list of benefits employees value the most
  • Being allowed to take your dog into the office and having workplace entertainment like table football are benefits employees are least interested in
  • Over a third (38%) of employers would like to improve workplace benefits rather than increase salaries

Traditional workplace benefits like holiday allowance and pensions have trumped quirkier 'benefits' like being allowed to take your dog into the office, in a survey by Aviva1

Out of a wide range of workplace benefits, 43% of UK employees said they were least interested in being allowed to take their dog into the workplace. More than a third of workers (34%) also said they weren’t interested in office entertainment like table football and video games. And more than one in four people (26%) even said workplace socials like summer and Christmas parties were among the benefits they were least interested in.

Traditional workplace benefits came out on top in the survey, as 43% of people said they were most interested in paid holiday, 41% opted for their pension with 39% choosing flexible working as the benefit they are most keen on.

Table 1: Which workplace benefits are employees most and least interested in?

Rank

Which workplace benefits are employees most interested in?

Which workplace benefits are employees least interested in?

1

22-35 days annual paid leave (44%)

Dogs in the office (43%)

2

Pension scheme (41%)

Entertainment at work - films, video games, table football (35%)

3

Flexible working (39%)

Childcare vouchers and/or on-site childcare (31%)

4

Paid sick leave and/or critical illness cover (38%)

Social events – parties, away days (26%)

5

Bonuses and/or profit and share schemes (25%)

Free/subsidised gym membership (26%)

Salary vs Benefits

For most people, pay will always be the ultimate benefit, and Aviva’s research proved that to be the case as 85% of workers said they would choose a salary increase over an improvement in their workplace benefits.

However, employers had a slightly different view with more than a third (38%) saying they would prefer to improve their benefits package for employees over increasing salaries.

Colin Williams, Managing Director of Workplace Benefits at Aviva, said:

Workplace benefits have really come under the spotlight in recent years as employers and employees realise that while salary is important, there’s more that can be offered.

But while we hear of companies across the world experimenting with a range of benefits, some more unusual than others, it’s encouraging to see that employees still value the more traditional benefits.

Offering holiday, a decent pension and access to flexible working are clearly important to employees. These types of benefits can help create the foundations of a resilient workforce and a resilient business.

CLICK HERE TO SIGN UP FOR OUR
FREE BI-WEEKLY NEWSLETTER

Latest video

Aviva plc 2019 first half 2019 financial results video

Watch Maurice Tulloch, Chief Executive Officer of Aviva plc talking about Aviva’s first half 2019 financial results.If you would like to download the full results... click here for more