Job advert benefits focus on cost of living help

New research has revealed that many employers are currently offering benefits that will help workers out with the cost of living.

The Totaljobs report, which analysed over 21 million job ads and surveyed over 7,600 professionals over the last 12 months, found that household bill support appeared in 68 times more job adverts in 2022 than the previous year.

Data also shows that within the same time period:

• Electric car schemes appeared eight times more.
• Instant wage access more than quadrupled.
• A four-day working week and a home working allowance more than doubled.

Julius Probst, European Labour market Economist at Totaljobs, said, “Recruitment has held strong despite rising economic challenges and although salaries are rising, we’re seeing massive shifts in the benefits employers are offering to attract and retain talent.

“In this market, it’s become apparent more than ever that employers must ensure they are offering salary and benefits packages which truly work for all employees. Pay, benefits, the employee experience – all of these factors are vital in attracting and retaining talent.

“Salary benchmarking, benefit reviews and transparent communication are key as the rising cost of living puts an even greater spotlight on pay than ever before.”

To find out more about contracting please contact Jaime on 01442 795 100 or email jaime.thorpe@dolanaccountancy.com.