09 August 2006
Only one in four job advertisements makes any reference to
employee benefits while just 16 per cent say whether a membership
of pension scheme is part of the employment package, according to
research by Watson Wyatt.
Based on a sample of 1000 recruitment advertisements, Watson
Wyatt found that while over 70 per cent provided some details of
salary, just 25 per cent made any reference to the employee
benefits on offer such as such as pensions, health insurance and
bonuses.
The Watson Wyatt study follows research released by Axa
Investment Managers last month which found that 67 per cent of
employees wish to see full details of the employment package listed
in job advertisements.
Watson Wyatt found that of the 16 per cent of advertisements
that made some reference to pensions, 34 per cent said they had a
final salary scheme while 9 per cent mentioned a defined
contribution scheme. Advertisements for lower paid jobs were more
likely to mention pensions than higher paid jobs. Higher paid jobs
(over £30,000) tended only to mention pensions when they were able
to offer a final salary scheme.
Beyond pensions, other specific employee benefits were rarely
mentioned. Some 6 per cent referred to the provision of a car or
car allowance, 3 per cent healthcare benefits, 1 per cent to life
assurance, 4 per cent to flexible working arrangements, 9 per cent
to holiday entitlement, 8 per cent to a bonus scheme and 2 per cent
to equity or share options.
