Does your business offer perks that people want?
Unfortunately, a weekly free beer probably isn’t going to retain your employees forever. Perks are all about defining a positive culture and encouraging people to join and stay (for more reasons than looking good on Instagram.)
To start, let’s set things straight and define the difference between perks and benefits.
BENEFITS: These are non-wage compensation that supplements salary.
PERKS: These are ‘above-and-beyond’ offerings to an employee’s existing salary and benefits package. Perks tend to be a deciding factor when an employee makes a choice between your company and another.
It’s great to hear more and more often during our conversations with clients: perks matter and often end up being beneficial for people across the board. Here, some perks that have been mentioned during our conversations, as well as those that have taken the spotlight in recent times.
Can the following perks make a difference and enhance recruitment and retention?
VIBRANT OFFICE SPACES
A well-designed, genuinely comfortable, light and inviting space can have a real impact on the general wellbeing of a team, and from the perspective of managers – recruitment and retention.
One of the latest fads that more and more businesses are seeing the benefit of. Bringing a four-legged friend into the family is exciting but it comes with a great deal of responsibility that would be made much easier if you had a little time off, right?
With millennials now making up the largest workforce, attitudes towards professional dress have naturally shifted with the demographic change. There are many different opinions on this topic, but it’s becoming more evident that people enjoy working in what they feel comfortable wearing – it makes a difference. Some work best in a suit, some don’t – therefore companies should find the right structure for all to feel comfortable.
Perks such as wellbeing programmes are becoming exceedingly popular. Giving staff the time to focus on being healthy (mentally and physically) and offering them the time to rejuvenate on a consistent basis shows employees that putting your people at the core of the business and utilising them as your greatest asset is very important. Wellbeing at work is about the organisational structure of the employee as well as what they bring to work from their personal life.
A commonly desired perk for the modern employee, flexible working is intended to promote a happier, more productive workforce to benefit both employees and employers alike. Encouraging a better work-life balance also promotes solid trust between manager and employee.
As a learning-centric society, people thrive from owning new skills. If this is offered as a benefit, it encourages growth opportunities and an increased desire to stay on the top of the game as a professional. This could prevent staff from wanting to take their talents and skills elsewhere.
If you fancy a chat with team enable about workplace perks or to discuss our latest roles, please get in touch.