Legal sector workers demand more employer financial support to afford rising living costs - London Business News | Londonlovesbusiness.com
Briefly

Legal sector employees prioritize financial support from their employers, with 75% seeking assistance with energy bills or food discounts. Significant benefits demand includes private medical insurance (40%), pension contributions (33%), and employer support for energy and childcare costs (25%). A striking 76% of legal employees desire increased investment in benefits packages, fearing talent loss if firms do not adapt. Despite a high demand, 56% find their current benefits underused and inadequate, and only 61% feel they obtain value from them. Employees strongly urge firms to better align benefits with their needs.
Three quarters (75%) of legal employees want support with energy bills or discount vouchers for food shopping as part of their workplace benefits packages.
Law firms who do not invest in their reward strategies are at risk of losing talent.
Almost six in ten (56%) say they don't use the majority of their benefits and half (52%) believe what is on offer is inadequate.
Three quarters (76%) of employees at law firms say they would like their employer to listen to their needs more.
Read at London Business News | Londonlovesbusiness.com
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