How can you create the ideal workplace benefits? Research from Revolent has revealed the top benefits that women look for in a workplace benefits program.
Tech companies are often at the forefront of progressive policies when it comes to employee benefits. This is largely due to the tech skills gaps that many tech organizations face, but also because of the high-intensity work that often comes with a job in technology.
This means that tech companies often have to work harder to find (and keep!) top-tier talent, which is where employee benefits come in. An employee benefits program that contains perks that are truly valued by employees and candidates alike can have a huge impact on an organization’s ability to hire the best talent on the market—and stay ahead of the competition.
With recent research highlighting the experience of burnout amongst women in tech and a burnout rate of 46%, we have undertaken new research into the policies and practices that women in tech most want to see from their employers.
In a survey of more than 800 tech professionals across multiple cloud ecosystems, the most-desired employee benefits were as follows:
Four or more weeks' paid time off
#1
Working from home
#2
Financial bonuses
#3
We asked our Global EDI Strategy Lead, Caroline Fox, for her takeaways on this research—and what it means for organizations looking to hire female talent. She said:
“In light of the recent information on burnout amongst women tech professionals, the rankings for the most sought-after benefits here absolutely make sense. Time away from work is often critical when dealing with the impact of workplace stress. Likewise, the flexibility that remote or hybrid working offers can be a vital component in strategies to prevent burnout.
Seeing financial bonuses make the top three is also consistent with our understanding of the landscape. Tech work can be lucrative, but it’s also intensive, difficult work. Bonuses ranking third suggests women in tech ultimately want to be better compensated for their work, their time, and their energy.”
Methodology
Statistics were derived from the latest (2022-2023) Careers and Hiring Guides offered by Tenth Revolution Group and its recruitment brands. The total sample size for this study was 866 and included women tech professionals working across Amazon Web Services, Microsoft 365 and Business Applications, NetSuite, and Salesforce.
