Industry news

IT firms spending 'not appreciated by staff'

British IT firms spending vast amounts of money on employee benefits are not appreciated, one new survey has found.

A new study carried out by HR firm Aon Consulting has revealed 98 per cent of British workers underestimate the cost of benefits their employers provide.

The poll found British firms spend between 20 and 40 per cent of salary in additional benefits.

Gareth Ashley-Jones, head of the firm's flexible benefits department, said: "There is a large gap between perception and reality – the research shows clearly that people do not understand the true costs of their perks and suggests that they are taking them for granted."

The results will be a blow to many firms investing huge amounts of money on offering "attractive benefit packages" to their employees as a means of attracting, retaining and motivating staff, he added.

Meanwhile, a recent report carried out by the Trades Union Congress in conjunction with the Confederation of British Industry found firms that promote diversity benefit from more productive staff and a higher morale in the office.