Wednesday, November 16, 2016

Young people prefer shedworking to pension perks


Young adults would rather work flexibly, than prioritise a pension, according to new research from Fidelity International.

With the rise of shedworking and flexible, mobile and remote working, the under 35s generation say they would rather choose where and when they work than save into a company pension scheme. When asked to choose their top three perks, just over half (53%) of young adults want a job which allows flexible working, such as in a garden office, closely followed by a generous number of days off (46%), and a bonus (37%). All these benefits trump the pension with just one in three (29%) interested in what contributions their boss will make.

On the flip side, nearly two times as many workers aged over 55 say pension benefits are one of their top three job perks.

Overall, men value pensions more than women with the workplace benefit coming third for women (40%) and second for men (48%). However, flexible working scores highest for women (57%) while for men this benefit comes in third with annual leave topping the list of priorities.
----------------------------------------------------
Wednesday posts are sponsored by The Stable Company®, the UK's premier supplier of garden offices and garden rooms. Click here

1 comment:

  1. "On the flip side, nearly two times as many workers aged over 55 say pension benefits are one of their top three job perks."

    Of course they do. And by the time they're 55 they realise that they should have had a different mindset 20 years prior!

    #StartEarly #Compounding #LittleBetterThanNone

    ReplyDelete