Valuing employee benefits

The common belief is that in the past companies set up pension schemes fired on by paternalistic concerns. To reward current staff and to make sure they were kept off the breadline when they did retire, as well as to recruit newcomers, by using the scheme as an advertisement of their ‘good employer credentials'. But as time has past, the general feeling is these overall employer aims no longer hold true, and employees no longer appreciate their employers' endeavours anyway. AEGON recently carried out some research, in conjunction with Edinburgh University Business School, to establish w...