As fresh graduates from generation Z, i.e. those born between the mid 1990’s and 2000 are enter the workplace, new research from Perkbox claims that over 1 in 3 (36 percent) admit that the workplace perks are one of the most important deciding factors on whether to accept a new job or not. These post-millennials are also the group most likely (32 percent) to prefer smaller benefits that they can enjoy on a more frequent basis, all-year-round, over one annual event, such as a Christmas party. The top three workplace perks most popular amongst Generation Z included simple benefits, such as receiving a day’s annual leave on your birthday (86 percent), followed by free coffee and hot drinks (85 percent), and flexi-hours (83 percent). Despite this, Generation Z feel less deserving of workplace benefits than co-workers born pre-1995, with fewer than half (38 percent) believing they should benefit from such offerings – which is less than any other age group.

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Firms are more likely to improve levels of staff retention if they increase their investment in training, and introduce more flexible working practices, according to a survey by the British Chambers of Commerce (BCC) and recruitment company Indeed. The survey, of over 1,000 businesspeople across all sizes or organisation and sectors, shows that just under half (42 percent) of businesses would invest in training and developing their staff in order to increase staff retention, while 38 percent would look to introduce flexible working practices, from flexible hours and remote working to job-sharing.

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