Incentive&Motivation Magazine Summer 2017 | Page 6

The Headlines

The world of rewards , incentives and benefits - distilled ...
84 % of consumers would switch brands for prize incentives .
Source : edgeloyalty . com
90 % of millennials had been distracted by stress at work and over 32 % say they regularly experience stress .
Source : Lifeworks Study 2017
58 % of people quizzed by LinkedIn said that they would be prepared to take a pay cut to feel happier in their jobs and just 18 % consider financial benefits such as an annual bonus and company shares important to job satisfaction .
Source : LinkedIn Work Satisfaction Survey
Only 15 % of employers strongly agree that they have accurate data on global total benefits costs .
Source : Thomsons Global Employee Benefits Watch 2016 / 17 Report
80 % buy more from companies of whom they are members .
Source : edgeloyalty . com
88 % of employees believe that ‘ it ’ s important that employers reward employees for great work ’, yet only 41 % believed that their employer effectively rewards them . The employees that believed their company had an effective rewards approach also felt that their work was important . 90 % of employees who worked in places with effective rewards programs agreed with the statement “ My work makes a difference ” while only 64 % of employees without these programs felt the same .
Source : The AttaCoin 2017 Employee Appreciation Study .
23 % of Americans who work at companies with more than 500 employees are unsure of the name of their CEO and 16 percent said they never hear from him or her at all .
Source : APPrise Mobile ’ s Survey
Anxiety levels have increased across the UK , keeping more than 51 % of workers awake at night and with 3 in 10 saying they are more stressed now than ever in their career .
Source : ONS Personal well-being in the UK : Jan to Dec 2016
Financial perks such as a bonus or a pension attracts 42 % and 36 % of jobseekers , but nonfinancial perks such as flexible working ( 32 %) or private healthcare ( 21 %) are increasing in importance .
Source : Total Jobs Understanding Talent Research
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