Processing Your Payment

Please do not leave this page until complete. This can take a few moments.

August 11, 2014

Job seekers unwilling to give up key benefits

About seven of every 10 people – employed and unemployed – are actively looking for a new job, but only a few said they’re willing to compromise on key benefits, according to a new survey by the job board Monster.

Monster, formerly based in Maynard and now in Weston, said very few of the nearly 1,100 registered site users on Monster.com said they would be willing to make the following sacrifices on benefits to accept a new job:

  • Benefits – Only 13 percent would compromise on healthcare benefits and 14 percent on academic reimbursement;
  • Vacation – Just 16 percent would accept reduced vacation or personal time;
  • Compensation – Nineteen percent would accept reduced or no bonus and 20 percent would accept a lesser salary;

Meanwhile, 24 percent said they would work more hours; 26 percent would consider having a small office or desk space; 28 percent would be willing to undertake a longer commute; 30 percent would agree to a strict dress code; and 33 percent said they’re willing to take on temporary or contract roles.

"With the economy and job market slowly improving, job seekers will be more likely to be searching for a job and less likely to make sacrifices," Jeffrey Quinn, vice president of Monster's Global Insights, said in a statement. "Employers need to be aware of these unsettled employees, understand their expectations, and incent accordingly."

Sign up for Enews

WBJ Web Partners

0 Comments

Order a PDF