As an employer, it’s important now more than ever to show appreciation for your employees. With record numbers of employees quitting their jobs, employers have to stay competitive and adapt to this changing workplace landscape. One of the most effective ways to retain your employees is to offer workplace benefits that are meaningful and valued by your employees. Workplace benefits, or “work perks,” can motivate your employees to perform better and stay with your organization for longer. Here are a few work perks for businesses that won’t break the bank while leaving your employees feeling valued and appreciated.
Flexible Workplace Model
The COVID-19 pandemic has shown many organizations that not all employees need to be in the office 40 hours per week to be effective at their job. Many employees are recognizing this too, and searching for employment opportunities that allow for flexible work arrangements. Creating an environment that encourages better work/life balance is best for every member of your business. Flexible workplace models can vary. Your organization can offer flex days a few days per week, where they login from home. Other organizations offer unlimited Paid Time Off, as long as their employee’s work is getting done. There is also the option to pivot toward a fully-remote workplace, if possible for your organization. Also consider offering more flex time around holidays and summertime.
Employee Wellness Initiatives
The COVID-19 pandemic opened up many doors for employers to value and prioritize their employee’s mental health. Consider implementing inexpensive personal mental health initiatives into your company culture. One example is to reimburse your employees a percentage of what they pay for exercise classes or gym memberships. Allow for your employees to take a set number of “mental health” days to prioritize their well-being. Another interesting initiative is to pay our employees for volunteer days; allowing them to get out and serve their community can be very rewarding on a personal level.
A Relaxed Workspace
If your industry allows it, transition to allowing a more relaxed workspace for employees who’ve returned to the office. There are many ways to go about this, including offering “dress down” casual days a few times a month. If you have an office of dog lovers, allow them to rotate bringing their furry friend into the office on Fridays.
It’s always nice to work in an office that includes a well-stocked kitchen. We recommend keeping your company kitchen stocked with lots of nutritious snacks and beverages, plus plenty of free coffee and treats. Also, check into possible partnerships your organization can create with other local businesses. For example, say your company designs posters for a local concert venue – why not negotiate a certain amount of free tickets for your employees to access per month. Little things like that go a long way and do not cost you as the employer too much.
Quality HR Services Can Help You Retain Employees
Prescott HR offers a wide range of services that can help you implement beneficial work perks for your organization. Our unintimated HR practices allow us to be focused and effective, providing your business with exactly what you need.