Business · Economy · 1 day ago

Study finds cars and home working attract job seekers more than team events

Study finds cars and home working attract job seekers more than team events

A study involving ETH Zurich’s KOF found which job perks attract applicants in Switzerland.

Researchers assessed how job seekers responded to job ads offering different benefits.

Company cars ranked highest, with the model estimating that applicants would give up 10.4% of salary for one.

Home working, childcare contributions and parking also made ads more attractive, with estimated values of 8.3%, 6.1% and 4.4% of salary.

These figures are estimates, not observed pay cuts, and home working means being able to work from home for part of the week.

Team events did not show a measurable advantage in the experiment, but the study did not assess whether employees enjoy them or whether they build team bonds.

Employers may find practical perks more effective when trying to attract applicants, while the study does not say what any particular company will offer.

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