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Top industries for great work benefits

Work benefits

Work-life balance ranks as a bigger priority of all work benefits for UK workers, more than higher pay (61% vs 39%) in both current and future jobs, according to the latest Amex Trendex Report  

Looking at priorities for 2024, the survey found that almost three-quarters of UK workers (71%) say having a good work-life balance is the main reason for job satisfaction, and 77% said it was the top priority when looking for a new job.  

The timing of this survey collides neatly with new analysis conducted by employee equity management platform Vestd, which cross-referenced 20 common work benefits, including hybrid/flexible working, company share schemes, life and dental insurance, enhanced maternity and maternity leave, childcare and profit sharing, with UK job ads on Indeed.  

The company then weighted the best scoring by sector, and marked them out of 2,000. 

Industries with the best work benefits 

It found that the best scoring industries for benefits are: Aerospace and Defence (994), Government and Public Administration (877), Telecommunications (790), Information Technology (790) Manufacturing (737), Insurance (709), Energy and Mining Utilities (700), Agriculture (629), Finance (586), and Media and Communications (480). 

Top of the pops is Aerospace and Defence, and after analysing 3,000 jobs descriptions in this sector, hybrid/flexible working emerged as the most commonly offered benefit.  

Next up was Government and Public Administration which offers flexibility, followed by Telecommunications which most commonly offered bonuses as a perk.  

Industries with room for improvement 

Conversely, also featured in the analysis were the worst industries to work in, looking specifically at work benefits. Remember, these are marked out of 2,000, with the best scoring industry reaching 994. 

The lowest scoring industries were: Non-profit and NGO (85), Management and Consulting (207), Restaurant and Food Service (216), Personal Consumer Services (263), Pharmaceuticals and Biotechnology (281), Real Estate (307), Retail and Wholesale (345), Transport and Logistics (351), Healthcare (365) and Education (370). 

Non-profits and NGOs scored the lowest of all, with an index score of just 85, while Management and Consulting was second lowest with 207, although the most popular benefit offered was hybrid/flexible working for the latter. 

“While many companies like to shout about the office pool table or mini bar, we’re seeing people veering away from these sorts of quirky benefits while on the hunt for their next role,” said Vestd founder and CEO, Ifty Nasir.  

“Given the cost of living crisis, employees are now on the lookout for tangible benefits that offer a true reward for their hard work or help them to achieve their day-to-day duties in the role.” 

Interested in finding a role with better benefits? The UKTN Job Board is brimming with opportunities, like these three.  

Software engineer, Ideagen, Nottingham 

Ideagen is a leading software provider for governance, risk and compliance. With offices in the UK, America, Australia, Malaysia and India, it truly is an international company that services over 11,000 clients across healthcare, aviation, accounting, aerospace and defence, pharma and government agencies.

This software engineer role involves building high-quality, innovative and fully-performing software that complies with coding standards and technical designs, working in .NET using C# and JavaScript.

Find out more here. 

Software engineer, BAE Systems, Rochester 

Leading strongly with its commitment to hybrid and flexible working arrangements, this software engineer role with BAE Systems involves developing embedded software, human-machine interfaces, peripheral drivers, protocols and supporting documentation.

A solid foundation in one of C/C++/C# is required, as is a degree or equivalent qualification in a scientific/engineering environment.

A list of benefits is available to view in the job spec. 

Embedded software engineer, Northrop Grumman Sperry Marine, New Malden 

This embedded software engineer role in New Maiden will see the successful candidate work in a multidisciplinary team, with engineers across software, mechanical, system engineering and system tests backgrounds, to develop best-in-class products and solutions.

Core responsibilities include creating embedded software for new products, supporting product testing and collaborating with the hardware team, all while participating in code reviews, team meetings and within an agile environment.

An attractive list of employee benefits is on offer, including a hybrid working policy 

Discover new job opportunities on the UKTN Job Board today  

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