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Pension plan "prime perk" for over 1 in 10 staff PDF Print E-mail
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Latest Recruitment News - HR and Recruitment Legislation News
Written by DirectNews Feed   
Tuesday, 01 June 2010 00:00
Pension plan A good company pension scheme is the "prime perk" for 15 per cent of today's employees, it has been discovered.

Research from PricewaterhouseCoopers found that the attitudes of workers have changed since the beginning of the recession - and as a result, different incentives are rated as more important than material bonuses or awards.

Some 1,167 people in the UK were questioned for the survey and flexible working was found to be the most valued benefit employees can currently provide.

However, knowing a solid pension plan is in place also ranked high, making it the third most popular perk and one considered to be more of a priority by UK employees than their global counterparts.

Michael Rendell is head of human resource services at PwC and said staff during such turbulent economic times may be "feeling the pressure".

Pensions partner Marc Hommel added: "The full extent of the pensions crisis is starting to hit home to many employees. Most UK employers believe they have a role in helping their staff save for retirement but are looking for realistic ways of doing this."

The state retirement age is one of the issues set to be examined by the new government.

Posted by James Strang

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