Popular perks to drive retention

by HCA11 Feb 2013

Is it all about the pay cheque, or are there other steps you could take to reduce turnover? According to a recent survey, shortening the week could be the key.

While many workers say salary is their number one driver, there are all kinds of other factors that are affecting how they feel about their job, and whether they plan to stick around.

A CareerBuilder survey of 3,900 US workers found that almost two-thirds (59%) rated a flexible schedule as a key factor for job satisfaction and employee retention, with related perks like half-day Fridays getting an honourable mention (40%).

Cash was still king, with benefits a close second, with 70% saying boosting salaries was the best way to reduce turnover, followed by improving benefit plans (58%).

Asked specifically about what would improve retention, other popular answers were improving flexibility (51%), increasing employee recognition (50%), and following up on employee suggestions (48%).

When it came to the specific perks staff wished they had, the focus was on convenience and a relaxed atmosphere:

  • Half-day Fridays = 40%
  • On-site fitness centre = 20%
  • Ability to wear jeans = 18%
  • Daily catered lunches = 17%
  • Massages = 16%
  • Nap room = 12%
  • Rides to and from work = 12%
  • Snack cart that comes around the office = 8%
  • Private restroom = 7%
  • On-site day care = 6%


  • by Cara 11/02/2013 3:21:36 PM

    Half day Fridays? It baffles me why more companies don’t offer full day Fridays off work substituted with a couple of extra hours work each day from Mon – Thur. Guaranteed that would reduce staff turn over, very few people would be likely to leave a 4 day a week job for a 5 day a week job and despite the extra hours, staff would be so much more motivated knowing they have that extra day to look forward to at the weekend. Thoughts?

  • by All for a 4-day work week 11/02/2013 4:01:23 PM

    I've done a 4-day work week (full time hours though) for years and it has enabled me to effectively combine a senior management role with kids. I still do a bit of work from home, check emails, respond to phone calls etc. on Fridays, but have the flexibility to also attend to personal matters. A number of my employees do the same (men too!) and it works a treat.
    Don't think it's all too hard: your staff CAN be motivated to work when you're not around, and they will probably work harder to prove that the 4-day week will work.

  • by Ellie 11/02/2013 4:22:54 PM

    Hi Cara,
    I agree. I have been lucky enough to work 4 days a week for the last 9 years! I have not wanted to look for another job.

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