How Pet-Friendly Policies Affect Employees
A new study by Nationwide says that workplaces with pet benefits are more appealing to workers.
You wouldn’t leave a young child home alone, so why would you leave your fur baby unsupervised during the day? That’s how a lot of pet parents feel today, so it’s no surprise that a majority of employees (90 percent) feel more loyal to pet friendly companies according to a recent study.
The report by Nationwide and the Human Animal Bond Research Institute (HABRI) surveyed 2,002 U.S. full-time employees in business with over 100 employees in December 2017. The survey defined a pet friendly employer was as a place either allows pets in the office and/or offers a pet-related benefit like pet health insurance.
"Pet owners increasingly think of their pets as members of the family," said Steven Feldman, executive director of HABRI. "When employers offer pet friendly benefits, it sends an important signal that the company cares about every member of the family, even the ones with four legs."
Here are some of the other key findings from the report:
• Approximately 91 percent of respondents at pet friendly workplaces feel fully engaged with their work compare to 65 percent of workers in non-pet friendly spaces.
• Significantly more respondents (88 percent versus 51 percent) in offices with pet friendly policies would recommend their employer to others.
• Most (88 percent) at workplaces with pet benefits plan to stay at the company for the next 12 months. Only 73 percent at non-pet friendly workplaces said the same.
"The results of the Nationwide/HABRI study clearly indicate a significantly higher level of employee engagement, retention, attraction and presenteeism among employees that work in pet friendly work environments," said Scott Liles, president and chief pet insurance officer for Nationwide. "In consideration of the discernable cost of employee turnover, adding pet friendly benefits, such as allowing pets in the workplace or offering pet health insurance as a voluntary benefit, can provide significant savings to a company's bottom line."
You can learn more about the findings and read the full results of the survey here.