Good holiday package increases in importance for employees

Life assurance and income protection remain among the top five most important benefits to employees.

But just 6% of staff receive income protection and 9% get life assurance as part of their benefits package, according to research by Canada Life Group Insurance.

A pension is still the most important benefit to employees and is one of the most commonly received (offered by 52% of employers). A good holiday package, received by 42% of staff, has risen to second place up from third position in 2009.

Paul Avis, sales and marketing director at Canada Life Group Insurance, said: “In a tough marketplace where employers are working hard to retain their top talent, they need to close the difference between the benefits they offer and what employees actually want.”

top5

Read more news stories