Top Employee Perks: Private Medical Insurance, Elevated Pension Contributions, and Energy Bill Subsidy

The Surprising Power of Benefits – 56% Will Switch Jobs for Better Perks

New data from Zest shows that more than half of workers would jump ship if another employer offered a nicer benefits package. Only 39% feel their current benefits are a bargain, meaning companies need to up the ante if they want to keep their stars.

Key Take‑aways from the Latest Employee Benefits Report

56% of employees say they’d leave for a better benefits deal.
Only 39% think their current package delivers good value.
63% overall, and 72% of folks aged 18‑34, trust benefits like pensions and healthcare to weigh in on job choices.
Conversely, 41% feel their workplace benefits fall short – a figure that rises to 47% for young workers.
Financial perks top the list: Private medical insurance is the most coveted, followed by higher pension contributions (32%) and home energy cost support (24%).
Only 14% of firms added mindfulness programs in the past year, while 12% increased pension contributions – a gap between what employees want and what employers deliver.

What the Numbers Mean for Companies

Right now, about 1 in 5 firms admit they can’t raise salaries, so they must lean on benefits to attract and keep talent.

Matt Russell, CEO of Zest, sums it up: “If you’re not meeting employee needs, you’ll see a talent drain. But if you get it right, a solid benefits plan can become your secret weapon for recruitment, retention, and even higher productivity.”

How Zest Helps

Zest already powers benefits for over 500 clients, including big names like Hargreaves Lansdown, Taylor Wimpey, Yahoo and Travis Perkins, touching 300,000+ employees. They offer a flexible, award‑winning platform and a handy ROI calculator to help employers see how cutting NI contributions could save money while boosting staff morale.

Want to stop losing talent just because your benefits lag behind? Explore Zest’s solutions and start pitching perks that people actually want.