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IRS survey of benefits packages

IRS survey of benefits packages

Businesses invest colossal sums of money each year in a huge variety of employee benefits. A new survey by Industrial Relations Services, an employment research organisation, offers a fascinating insight into the range of benefits on offer amongst a sample of UK employers.

What you will find in this survey

Spread over two issues of the Pay and Benefits Bulletin, this 130-company survey includes a wealth of benchmarking information on the level of benefits and allowances in named organisations.

Besides offering a snapshot of the extent of provision among the survey sample, a series of tables provide details of:

Part 1 of the survey:

  • call-out arrangements (in 30 named organisations)

  • subsistence allowances (16)

  • paid adoptive leave (25)

  • deputising arrangements (20)

  • long-service awards (50)

Part 2 of the survey:

  • private medical insurance (in 35 named organisations)

  • permanent health insurance (25)

  • company car provision (20)

  • motor mileage allowance (55)

Extent of benefits provision

 

Per cent of respondents

General allowances

 

  • Call-out payments

54%

  • Standby allowances

33%

  • Subsistence allowances

31%

  • Tool allowances

15%

  • Childcare facilities

10%

  • Attendance payments

7%

  • Subsidised mortgages

6%

Pensions

 

  • Final-salary scheme

62%

  • Money purchase scheme

12%

  • Group personal pensions

12%

  • Combination of schemes

12%

Non-holiday leave

 

  • Bereavement leave

95%

  • Paid adoptive leave

65%

  • Pre-retirement leave

23%

Miscellaneous allowances

 

  • Long-service awards

58%

  • First-aid payments

51%

  • Subsidised canteen

36%

  • Deputising payments

32%

  • Staff discounts

29%

  • Luncheon vouchers

5%

Health and related benefits

 

  • Time off for medical appointments

78%

  • Private medical insurance

63%

  • Permanent health insurance

38%


Sample size: 130 organisations.

Source: Pay and Benefits Bulletin, Industrial Relations Services, May 2001.

 

Want to know more?

Title: Benefits and allowances , published in two parts in Pay and Benefits Bulletin 519 and 520.

Methodology: Postal questionnaire sent to 2,500 subscribers to IRS journals in February 2001.

Sample size: A total of 130 organisations responded to the survey with a combined workforce size of more than half a million workers.

Business sectors: Small, medium and large employers, drawn from a wide variety of industrial sectors.

Availability: Contact the IRS subscriptions department, tel: 020 7354 5858. For more information about the Pay and Benefits Bulletin visit http://www.irseclipse.co.uk/publications/pabb.html.