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40 Percent of CFOs More Willing to Negotiate Perks

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40 Percent of CFOs More Willing to Negotiate Perks

"Nonmonetary perks can serve as a differentiator.”

When thinking about workplace perks, would employees rather hit the gym or take a day off? It depends on whom you ask. Chief financial officers interviewed for a survey by HR form Robert Helf said health and wellness benefits are what current and potential employees prize most, but workers cited additional vacation days as their most coveted perk.

Despite the discrepancy, the research suggests companies are increasingly willing to negotiate nonmonetary perks versus a year ago. Forty percent of CFOs said they are more open to discussing these benefits, compared to just 6 percent who are less open. This shift is not lost on workers: 43% think perks are on the discussion table more often at their company, while just 5% percent think the opposite.

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The research also found that when it comes to being more willing to offer these extra incentives, businesses in Chicago, Washington, D.C., and Boston lead the pack.

"Nonmonetary perks can serve as a differentiator when trying to attract top talent in today's competitive hiring environment, especially for smaller companies," said Paul McDonald, senior executive director for Robert Half. "It's important for businesses to ask employees what perks they value most and clearly promote the firm's offerings. Many companies undersell these benefits."

 

 

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