NEW YORK -- Here's something that should make the boss happy.

A new survey found that nearly 75 percent of all workers are very or somewhat satisfied with their compensation.

On the other hand, 44 percent said they would change their mix of cash and benefits if they could.

According to the Hudson Highland Group, 33 percent of those surveyed would like a more flexible work schedule, while 22 percent would opt for additional family benefits such as parental leaves and personal days.

"Though cash is still king, workers are coming to grips with paycheck-squeezing realities like higher healthcare costs and self-funded retirement programs. At the same time, they are placing much greater value on less tangible, lifestyle oriented benefits," said Peg Buchenroth, a spokeswoman for Hudson Highland Group. "Many individuals find elements such as flex-schedules, telecommuting, on-site daycare or more personal time to have greater importance than cash. In fact, employees may forgo additional cash in order to have an improved work-life balance or better opportunities for career advancement."

The survey also found that while more employers are turning to pay-for-performance strategies to compensate top talent, many aren't doing their best to communicate those incentives to their workers.

Just 35 percent of the workers surveyed believe employees who do a better job earn more, while 57 percent of workers said they believe tenure determines pay.

"By clearly communicating these rewards, companies not only entice their work force to meet strategic goals, but top performers are also likely to stay longer," said Robert Morgan, COO of Hudson Talent Management.

The survey was based on a national phone poll of 10,000 U.S. workers.