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Are benefits for IT workers shrinking?

Sharon Florentine | July 7, 2015
While tech salaries have increased, many organisations are eliminating benefits like tuition reimbursement, awards and telecommuting. What does this mean for IT workers?

So what do employees really want from their workplace? The survey revealed that salary and job stability are still of utmost importance, with work-life balance factors also high on the list of valued benefits.

  • Almost half, 48.5 percent of respondents say that base pay is the most important element of their job,
  • Job stability is close behind at 44 percent.
  • Benefits were cited by only 34.5 percent of respondents as being most important to their job.
  • Survey respondents also value work/life quality factors such as the vacation time/paid time off (30.9 percent)
  • The challenge of the job/responsibility (30.6 percent)
  • Flexible scheduling/telecommuting/working from home (28.5 percent), Having their opinions and knowledge valued (27.1 percent).

According to the survey, these were the same factors valued most by respondents in previous years. While money and the bottom line still rule the day, job stability is a close second in terms of importance to IT workers, the survey revealed. That's no surprise, considering the economy is still struggling to rebound from the crushing recession that began in 2008, according to Levin.

"Short-term memory is strong; many folks, even those who've landed an IT job and are currently working, are still struggling to get back on their feet. Some have had to take two jobs to make up for the loss of income from a single job that may never come back. So, to know that you're working somewhere with a secure, stable future -- that's priceless," Levin says.


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