Younger employees see reduction in benefits during pandemic

The research, carried out by Censuswide on behalf of salary advance startup Borofree, found that over two-thirds (68%) of UK employees surveyed believed company benefits and perks have an important role in driving staff recruitment and retention post-Covid-19. Despite this, around one-in-five one in five UK employees have had their packages reduced or cut completely in the last 12 months. Benefits reductions were highest among younger workers, with 28% of 16-24 seeing their company benefits reduced or removed during the last 12 months and 29% of those aged 25-34 years old. The researc...