Employee benefits offer a way to attract and keep people, help improve wellbeing, and encourage required behaviours, achievements, values, and skills. However, there are several factors to consider when introducing a benefit to make sure it is valued by workers, supports people management practices and is aligned with wider business goals.
This factsheet explores the past and present of employee ‘perks’, from paternalism to the start of the UK welfare state and through to today's more individualised approach. It looks at the types of benefits employers can offer, and what to consider when implementing employee benefits as part of a reward strategy.