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74% employees prioritise long-term benefits over bigger paychecks: Report

Business Standard LogoBusiness Standard5h ago

74% employees prioritise long-term benefits over bigger paychecks: Report - Business Standard

Quick Summary:

Around 74 per cent of employees interviewed stated that they would choose a slightly lower salary in exchange for stronger long-term benefits such as health insurance, retirement planning, and education support, a report by staffing solutions and HR services provider Genius Consultants has revealed.

With rising cost-of-living pressures and evolving workforce expectations, a report has revealed shifting priorities with 74 per cent of respondents saying they prefer a slightly lower salary with stronger long-term benefits.

It further found that currently only 32 per cent of employees felt that their current benefits package effectively supports their financial well-being, while over 61 per cent said their benefits were inadequate.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-25 @ 15:10:39 (5 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 364 words

Reading Time: 3 minutes read

Sentences: 13 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 28952760

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About Business Standard

Business Standard Logo

Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 100 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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  • URL: https://falsifiable.beamstart.com/news/74-employees-prioritise-long-term-17481670127363

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