A recent report from Genius Consultants reveals an interesting shift in employee priorities in India. In light of rising costs and changing work environments, 74% of employees are willing to accept slightly lower salaries in exchange for robust long-term benefits like health insurance, retirement planning, and educational support.
Key Insights
- 74% of Indian employees prefer lower salaries for better long-term benefits.
- Most respondents desire strong health insurance, retirement planning, and education support.
- Only 32% feel their current benefits package supports their financial well-being.
- 54% reported their company doesn’t prioritise mental and financial health in wellness programs.
- 84% of employees believe flexible work options help in better financial management.
Why should I read this?
If you’re curious about what today’s workforce values and how it might change your hiring or HR strategies, this article is a must-read! It highlights a significant trend where benefits are preferred over wage increases, so don’t get left behind in adjusting your employee offerings.
