Articles by Tim Duggan

Technology

Hangover leave to 13-month pay: Could these wild work perks catch on?

We all work for different reasons. At one end are those who work simply for the salary and nothing else. The other end of the scale are the fortunate (and few) passionate believers who would do their jobs even if it didn’t come with any financial reward. Most of us sit somewhere in the middle. One thing that can make a big difference to your satisfaction at work are the perks that come with it. These are the additional benefits, outside your regular income, that increase your enjoyment and attachment to the company. Research from Deloitte and Origin Energy last year found that remuneration and benefits were the reason that almost three-quarters of employees choose to stay with their current employer. Seventy-nine per cent of people said that benefits aligned to their values made them more likely to stay at their workplace. Australia leads the world in one mandated “work perk” that no one can dodge: superannuation. I’ve seen the jaws of many international friends and family drop as I’ve explained our excellent system of forced savings that pays dividends decades after the first account is opened.