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National employee benefits index

In April 2023, Flare conducted its National Employee Benefits Index – a representative study of the attitudes on benefits and remuneration across 1,500 working Australians. Delve into your industry’s data to uncover how your workforce truly perceives benefits, pay, and the incentives that foster employee loyalty.

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53%
of workers identify as a male
33
is the average age of workers
NSW
most common state of residence
8 years
is the average years of work experience

Employee wellbeing: a snapshot

I feel valued at work by my supervisor/boss.

I get excited about going to work.

I am satisfied with my overall compensation.

I think about leaving my current employer.

  • Agree
  • Neither disagree nor agree
  • Disagree

67% of professionals feel valued by their managers

67% of professionals feel valued by their managers at work This is a big decline of 12% compared to six months ago.

The benefits breakdown

Benefits offered vs Benefits used

  • Offered
  • Used
Offered: 66% Used: 52%
Offered: 59% Used: 19%
Offered: 59% Used: 17%
Offered: 57% Used: 34%
Offered: 41% Used: 6%
Offered: 41% Used: 19%
Offered: 34% Used: 22%
Offered: 34% Used: 9%
Offered: 31% Used: 9%
Offered: 27% Used: 6%
Offered: 21% Used: 3%
Offered: 20% Used: 3%
Offered: 19% Used: 9%
Offered: 18% Used: 12%
Offered: 17% Used: 4%
Offered: 15% Used: 5%
Offered: 13% Used: 4%
Offered: 13% Used: 6%
Offered: 11% Used: 2%
Offered: 10% Used: 2%
Offered: 10% Used: 2%
Offered: 9% Used: 1%
Offered: 9% Used: 3%
Offered: 9% Used: 1%
Offered: 8% Used: 1%
Offered: 7% Used: 1%
0 20 40 60 80 100
Click to expand
%

The benefits that matter to the nation

Delving a bit deeper into benefits, the benefit that has seen the biggest surge in usage is car buying and discounts, which has seen a double digit increase to 16% over the past six months.

Of the benefits your employer offers, which have you used in the last 12 months?

Used:40% National Average: 37%
Used:32% National Average: 23%
Used:25% National Average: 22%
Used:17% National Average: 44%
Used:14% National Average: 9%
Used:11% National Average: 5%
Used:11% National Average: 11%
Used:6% National Average: 11%
Used:6% National Average: 14%
Used:6% National Average: 3%
Used:6% National Average: 17%
Used:5% National Average: 8%
Used:3% National Average: 3%
Used:3% National Average: 11%
Used:3% National Average: 1%
Used:2% National Average: 3%
Used:2% National Average: 7%
Used:2% National Average: 3%
Used:2% National Average: 2%
Used:2% National Average: 5%
Used:2% National Average: 1%
Used:0% National Average: 2%
Used:0% National Average: 1%
Used:0% National Average: 0%
Used:0% National Average: 1%
Used:0% National Average: 2%
0 20 40 60 80 100
Click to expand
7%

decrease in the usage of free coffee and snacks as a perk.

Employees and employers alike, don't seem to care much about this benefits as there has been a decrease in this work perk being offered in the past six months.

Which would make you most loyal to your employer if offered by your company?

Used: 40% National Average: 46%
Used: 40% National Average: 27%
Used: 33% National Average: 25%
Used: 27% National Average: 29%
Used: 20% National Average: 12%
Used: 20% National Average: 14%
Used: 20% National Average: 29%
Used: 13% National Average: 14%
Used: 13% National Average: 17%
Used: 7% National Average: 2%
Used: 7% National Average: 19%
Used: 7% National Average: 33%
Used: 7% National Average: 9%
Used: 7% National Average: 5%
Used: 7% National Average: 16%
Used: 7% National Average: 9%
Used: 7% National Average: 31%
Used: 0% National Average: 6%
Used: 0% National Average: 4%
0 20 40 60 80 100
National Average
Click to expand
54%

of workers value a flexible schedule

The three benefits that drove the most loyalty all centre around autonomy, with virtual working and support for reasonable hours rounding out the top three.

It's time to go green

  • Not at all
  • Neutral
  • Somewhat
  • A great amount

28% of professionals believe their company's sustainability initiatives impact their commitment and engagement

Only 2% of professionals would consider quitting based on their employer's sustainability initiatives but over 25% agree that the initiatives impact their job satisfaction.

The national employee benefits index

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National employee benefits index In April 2023, Flare conducted its National Employee Benefits Index – a representative study of the attitudes on benefits and remuneration across 1,500 working Australians. Delve into your industry’s data to uncover how your workforce truly perceives benefits, pay, and the incentives that foster employee loyalty. Filter by industry Employee wellbeing: […]