A global survey by recruitment group Robert Half International has found that
rather than getting bonuses, accountants and other finance professionals are
being rewarded with health insurance and pension contributions.
In the UK, 48% of accountants said they were not part of any bonus scheme.
In Europe the trend was even more pronounced with nearly two thirds of
finance professionals in Germany (61%), The Netherlands (61%) and Belgium (60%)
stating that their company does not use a bonus system.
The survey also found that globally 33% of accountants were getting
health insurance cover and 32% were receiving pension contributions.
According to the survey, the most common ‘non-traditional’ benefit received
by finance professionals is ‘flexible working hours’.
Ian Graves, managing director continental Europe for Robert Half
International, said: ‘What these results show is that there is extraordinary
variation in the type of benefits employers offer their staff. European
companies in particular are becoming more aware of employee concerns and are
looking to reward staff with benefits that satisfy these concerns. This change
reflects a shift in attitude throughout the financial services industry.’
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