7 Great Perks Companies can Use to Keep Employees Happy
7 Great Perks Companies Can Provide to Keep Employees Happy
Today we’re talking great perks with Raymond Chiu from Maid Sailors:
Many employees today want to receive more than just a paycheck. They also want to be engaged in their work and do something meaningful.
They prefer to work for a company or an organization that they believe in.
By meeting these needs, you will not only attract and retain the top talent. You will also build a strong brand that makes your company attractive to other prospective employees.
Now, to achieve this, your company might want to provide great perks that would help keep employees happy.
Here are seven of them:
1. Competitive salary
Salary is still a crucial element when it comes to retaining the best people (and hey, when hiring!).
Offering a competitive salary will incentivize your employees to do their best for your company, increasing engagement and loyalty.
It is also a great way to show your company’s commitment to taking care of your workers, and will likely be reciprocated when your business goes through tough times.
Offering a competitive salary package will show that you are committed to your team, and this alone already provides a great incentive to your staff.
2. Flexible work schedule
A lot of companies these days are benefiting from a flexible working schedule. Plus, more and more employees these days are looking for ways to gain their freedom when it comes to their time.
It is because they also have personal obligations that they need to fulfil, which can impact their work schedules.
That’s why offering a flexible work schedule, like a 4-day work week, is a great perk that you can offer to your employees.
Skanska is one example from the manufacturing sector. They are adapting new ways of structuring and managing shifts. The aim is to “tackle the industry’s reputation for long hours, attract a more diverse talent pool and improve mental health”.
Others offer their employers to buy extra annual leave, in return reducing their yearly salary.
3. Wellness programs
Healthier employees become happier employees overall. Happier employees increase productivity by around 12% – 20% and reduce the cost of sick leave.
Wellness programs are increasingly introduced to the workplace. These can include one-time activities like biometric screenings, and huge wellness initiatives that help shift workforce culture, and encouraging health-conscious behaviors.
Other perks can also be offered, such as gym memberships, juice bars, healthy snacks, and on-site fitness classes. Giving your employees these benefits will not only make them feel valued but also shows that your company cares about their health and well-being.
Remember that every organization has its own unique goals and challenges. Involve your employees early on to make sure your wellness program is in line with what they prefer.
There is a wide range of programs available in the market that companies and employers can choose from. Overall, this is beneficial for both your employees and your company.
4. Rewards and recognition
The best leaders show employees their appreciation for the time and effort that they contribute to the company in ways that are beyond a paycheck.
A good way for you to accomplish this is through an employee recognition program. It helps workers to be motivated to do their job, providing them with a tangible ownership stake in their role.
For instance, if they performed well or reached a goal, they will receive an award or recognition for their efforts.
Here’s a food manufacturer that opts for small gestures, using the surprise factor as an employee retention strategy.
5. Additional training
Another aspect that helps employees feel valued is to provide them with training, This can allow your people to advance their skills, as well as careers.
Management training, for instance, can provide opportunities for internal promotion. When workers are aware that there is a real opportunity for internal promotions, it can help them become more engaged.
These training programs not only shape the employee but fills the talent gaps as well.
This also helps assist in creating strong, trusting relationships that benefit employers with higher retention rates.
6. Childcare assistance
Chances are, most of your employees have kids, too.
What would they consider to be great perks?
Apart from offering flex-time, you can help take care of their families by offering a childcare assistance program (in countries where governments don’t provide help).
While you are not required to build a company daycare, you might want to consider subsidizing employees for childcare costs to help them afford some of the costs of raising a family.
Or revise your family leave policy.
The United States, for example, is one of two countries on the planet that offers zero paid family leave. Would your people consider an extended paid family leave a great perk?
7. Retirement plans
When it comes to retirement plans, most job seekers want to feel that they are well taken care of.
Therefore, it does not come as a surprise anymore that a lot of them are considering retirement benefits as a crucial component when doing their job search.
Offering a respectable retirement plan is an indispensable perk. It provides your employees with a peace of mind, making their loyalty with your company a lot stronger.
Over to You
Providing your employees with these perks and benefits could be an excellent way to allow them to evaluate your organization’s company culture and core values.
While other organizations offer other flashy incentives to attract top talents, most job seekers are actively seeking for perks that let them foster professional growth, and caters to their needs. When conversing with your employees, what would be great perks for them? What would they like to see? Can they choose? Do they consider them to be great perks?
Most of these perks and benefits are important when it comes to evaluating their job. It is all about creating an environment that most of your workers will appreciate.
Choosing the right employee perks lets you cultivate your company culture, allowing you to succeed, and helps you improve your bottom line further down the road.
About the Author – Raymond Chiu is the Director of Operations for Maid Sailors Office Cleaning Companies NYC. Maid Sailors offers its customers unrivaled office cleaning services that can address even the toughest cleaning needs. Matched with affordable prices, Maid Sailors is your best partner in helping you turn your office into a work-friendly workplace.