Low-Cost, High Return Employee Perks – Make Your Job Offers Competitive with Nontraditional BenefitsNovember 27th, 2012
You’ve heard it before. You need to offer employee perks to keep your best employees and to lure in new candidates. But, who has the money for it now? What if you could invest in some lower costing employee perks that had a high return? In other words, these are inexpensive options for keeping your employees happy. You may not be able to or want to offer things like tuition payments or providing a full-time daycare on your site. Yet, you don’t always have to get expensive to make people happy.
Top Nontraditional Perks Employees and Your Budget Love
What do your employees want and need? That’s a good question to ask them directly. The following are some ideas for building on the perks you offer in a way that will not break the bank.
- Provide for family days. In these days, it’s okay for parents to take a few hours off or even the whole day to care for their kids. For example, there’s a snowstorm and the kids have no school.
- Do something together, such as a community service project. It could be one day around the city helping with cleanup or it could be a longer-term project, such as a coat drive or food bank drive.
- Provide fitness class in the office. Don’t force anyone to take them, but offer them once or twice a week in the office. You pay the instructor and your team can have some fun with yoga. Or, provide employees with a membership to the local gym.
- Provide flexible hours. The key here is to allow the employee to work the hours he or she needs, within your business’s needs, to ensure the employee can take care of family needs.
- Feed them breakfast a few mornings a week, in particular on Mondays. Give them pizza on Fridays. It’s a simple way to show appreciation.
- If you sell goods or services at your company, be sure your employees get a discount, and a big one. Giving them 20 to 30 percent off those goods and services can help them meet their needs and keep them around.
Employee perks should cost something, but they do not have to tap into your budget extensively to benefit the employee. Most employees are happy to work with you if you show appreciation and any of these or other nontraditional perks can be the perfect way to do just that. Get help with developing incentive plans and reduce employment costs by working with Suburban Group’s team of recruitment experts.