How Power of Perk works for the Employee Attraction
As human beings, we are consistent with our love and affection for profitability and it has been best proved through the ‘survival of the fittest’ doctrine. In the competitive sphere where we live, service-oriented perks are nothing but the simplest way of boosting and enhancing the performance of an employee. It is sheer motivation- a strategy generally adopted by small and mid-size businesses to aim for success through improving employee loyalty and job satisfaction.
Over the period of time, many organizations have realized the value of personalizing ‘perks’ of the employees as per their performance. They have modified their work culture as per the requirements and aspirations of the younger generation. The idea here is to focus on three major factors i.e. convenience, relevance, and affordability. Interesting perks are cost effective as they help a business in achieving great ROI (return on investment), especially when it is related to employee engagement, recruitment, morale boosting, retention rate, gauging productivity, counting innovation, managing customer loyalty, generating revenue, etc.
The Victory Formula: Happy Employees = Successful Businesses
Perks don’t make the work culture. They could be additive to the employees, but it doesn’t always ensure the best performance of the employee. And maybe this is because not all perks are worth calling perks. It means you have to scrutinize the best of the best perks to enhance your business success. Have a look at some of the well tested perks that you could use in your organization.
Extra PTO: Giving employees some extra Pay Time Off is an actual way of boosting their productivity. When people are trusted, their performance is improved, and they feel like sticking around.
Profit sharing plan: Allow your employees to invest best of their time in making a collective profit which is later shared with them. Company’s profitability should be their progress- simple logic.
Health Care: Some healthcare programs in the workplace such as gym membership, yoga sessions, Zumba classes, etc. shows how much you care for the fitness of your employees. Make them feel special this way!
Extra Time Off: What if your employees could avail some extra time off after their holidays? Certainly, it will enhance your trust bond with them.
Offsite events: Allow your employees to plan some fun get together through offsite events. Sponsor it fully and upload all the madness over social network site- this will help your branding too.
Off on special days: Don’t let your employees work on their special days i.e. birthdays, anniversaries. Gift them a paid off.
Free Food: Free snacking or meals can connect you with your employees in the deepest ways. If you can’t keep it regular then at least plan some occasional fun for them. We are sure they are going to love such perks.
