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Employees open to being promoted without a pay rise
More than half of employees would accept an alternative to a salary increase if they were to be promoted, and flexibility around when they work is as desirable as a financial reward, research shows.
Based on a survey of 500 hiring managers and 1,000 office workers, Robert Half's research shows the top three benefits employees would accept in place of a pay rise are: a bonus or revenue sharing (59%); more flexibility with regard to working hours (59%); and more holidays (58%).
The alternatives employers are most likely to offer, however, are: training and professional development (57%); more flexibility around hours (56%); and paid sabbaticals (54%)...
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