My advice: Always take the benefits. Benefits such as shorter working hours, annual leave, penalty rates (on an employer for asking you to work weekends, holidays, evenings and night shifts) came about by very hard won fights by trade unions set up by workers. In the early days employers fought this tooth-and-nail. Many still resent it, seeing their workers simply as 'numbers' and a 'means to and end' for themselves.
If workers had not banded together to ensure better conditions and the like, most workers in the Western World would STILL be working like those in some of our Third World countries: dawn to dusk, very low wages, no holidays, no workers compensation, not sick leave et cetera.
When you just opt to take the money you're going for very short term gain. Within a few short months, sometimes even weeks or days, the prices of everything around you have gone up and you're back where you were before - having lost the opportunity for a freer way of life: Time in the world outside of the that place of work!