Perks can be an excellent way to attract top-quality candidates and retain existing employees. In some cases, they may even be more desirable than pay raises, as long as you choose the right options.
If you are looking for exciting perks to offer your workforce, here are a few that some of the most successful companies provide.
While more money isn’t necessarily a unique perk, it’s almost universally appreciated.
Concert, movie, and event tickets can all make excellent perks. They encourage your workers to spend time doing something fun while making the cost of a night out more manageable.
3. Paid Workout Time
Regular exercise plays a big role in overall health. However, squeezing in a trip to the gym isn’t easy for many workers, particularly if they have numerous family or similar obligations outside of the workplace. But, if you give them paid time off to work out, this removes the time constraints. Plus, healthier employees tend to be happier, making them more productive when they are working.
4. Travel Budget
Many people yearn to travel, but some find it unaffordable. If you want to encourage your staff to use their vacation time and explore the world, consider giving everyone an annual travel budget that can help offset the expense of heading to parts unknown.
5. Tuition Reimbursement
A college education can be incredibly valuable to both the employee and the company, but many workers struggle with the cost. By creating a tuition reimbursement program, you can encourage employees to learn and grow as professionals. Plus, you may be able to deduct the cost as a business expense, improving your bottom line along the way.
6. Pet Insurance
While many companies offer health insurance to their workers, pet insurance is a genuinely unique offering that can alleviate stress by making pet ownership more affordable.
7. PTO for Volunteering
Many employees care deeply about certain causes. Giving them paid time off to volunteer can increase their level of life satisfaction and promote positive feelings, both of which can boost morale and productivity.
8. Office Upgrades
Most standard workstations aren’t ideal for everyone. Giving your employees the ability to upgrade their workspace on the company dime can be a great perk, especially if you let them choose ergonomic options that are best for their height or body type. You could also include upgrades like sit/stand desks or even treadmill desks, helping to lessen the negative impacts of prolonged sitting.
9. Life Coaching
Life coaching can be an incredibly valuable service. It can help workers sort through difficult personal situations, identify their larger goals, and find guidance and direction. Not only is this great for reducing stress, but it also provides them with a path for solving a range of issues they may be facing, increasing their quality of life.
10. Confidential Counseling
Stress isn’t always easy to manage, and many employees struggle to find the time to address their mental health properly. By offering confidential counseling, preferably on-site, you give them a valuable outlet, helping them manage their mental health while creating a more productive workforce.
Any of the perks above can be great ways to reward your employees. Plus, they can make your recruitment and retention goals easier to achieve. If you are interested in learning more, the skilled professionals at CPS Recruitment can help. Contact us to discuss your business needs today and see how our services can benefit you.