The analysis of Employee Benefits for IT jobs

Abstract

The aim of this paper is to analyse the structure of employee benefits as a part of total reward with the focus on the IT specialists’ jobs. As the Czech labour market deals with the lowest unemployment rate among the EU countries and lacks thousands of IT specialists, companies have to focus on the employee motivation and stimulation, on the Employer brand improvements and proper communication. Employee benefits may be considered a differentiator on the job market as a complementary part of the attraction strategy, as well as a retention tool for internal talents. Based on the quantitative analysis of questionnaires responded by 35 Czech companies from different sectors (realized in 2017-2018) authors discuss the flexibility of employee benefits offer, prevalence of particular benefits and availability for individual groups of employees. It was found that although companies more often focus at the flexibility of both financial and non-financial benefits which may positively influence attraction and retention strategy, still do not actively differentiate between employee benefits offer for IT and non-IT jobs and probably do not utilize the available potential.