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Partner with us todayIn 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.
Dive into the manufacturing industry data below to help you build a healthy talent attraction and retention pipeline.
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.
This is line with the rising cost of living. Manufacturing workers are also 9% less excited for daily work, and they also feel 11% less valued by their superiors.
In the last six months, employee benefits preferences have significantly shifted. Virtual working, once a top choice, has been overtaken by employer training, possibly reflecting response to the current challenging economic climate, with employees pivoting their focus towards growth and forward-thinking strategies. Nationally, "free food" maintains its popularity with a 49% adoption rate, while "flexibility" has surged to 32%.
Manufacturers engage in flexible working 9% less than the average worker and 7% less for virtual working.
Manufacturers care 12% less about employee retreats than six months ago, and 7% less than the average worker.
How much does your company's sustainability impact your engagement and commitment to your job?
How much does your company's approach to sustainability impact your job satisfaction?
Based on your employer's commitment to sustainability, how likely are you to quit?
A significantly lower percentage compared to the 65% of Australian workers who express such loyalty. Interestingly, this marks a substantial decline from the 77% of manufacturers who held a similar stance just six months ago.