Job benefits can significantly impact employee engagement, morale, and retention. When your team members have perks to look forward to in addition to their salary, they tend to become more loyal and dedicated to the company mission. That’s why many companies are constantly finding ways to go above and beyond to attract and retain top talent.
If you’re trying to figure out how to make your business a prime place to work, keep reading. These job benefit ideas from Oasis Consulting Group can help take your company over the top!
Not all perks that you offer your employees need to impact their everyday life. Sometimes, scheduling some fun social activities is enough to help your team members feel valued and give them something to look forward to.
For example, you could organize a team-wide tournament with various card games and board games in the office (or at a neutral site). You can take the competition to the next level by offering prizes to the winners! Or, maybe you could schedule a painting class for all of your employees to socialize and express their creativity.
If you have the resources for it and you really want to win your employees over, consider providing season tickets for the Yankees. There are online platforms where you can purchase discounted tickets in bulk and give your team access to spring training and regular-season games. If you live in Florida, you could take the same approach to get your employees tickets to see the Miami Marlins.
There are countless ways to help your team members maintain healthy finances. For example, you can offer employees company equity, which could help them feel a stronger sense of ownership in their work.
You could also provide paid time off (PTO), which can go a long way in helping team members achieve work-life balance, mental health, and overall quality of life. Many companies give more PTO to team members based on how much they work and how long they have been with the company.
Retirement plans are a popular employee benefit, and many job seekers expect a 401(k) matched contribution, a traditional IRA, or a Roth IRA with any position they are considering. Employee discounts, bonuses, and rewards never hurt either!
When you make efforts to benefit an employee’s career, it primarily accomplishes two things:
- It shows that you care about the individual’s career path.
- It helps develop the individual into a more knowledgeable and skilled worker.
Focusing on career development can significantly benefit your business because it improves employee retention and competency. Here are a few simple ways to offer career planning benefits to your team:
- Create an employee growth plan.
- Offer paid career development training.
- Provide personal development training.
- Reimburse costs of tuition.
Self-care has never had a stronger focus in the workforce. These days, most employees expect wellness benefits at the office. Providing health insurance is an excellent way to attract and retain top talent. But you might also consider other perks, such as keeping tea, coffee, water, and healthy snacks in the workplace.
You could even provide complimentary lunch on weekdays. And if you want to take it over the top, consider creating relaxation spaces in the office and helping your employees access mental health services and preventative care.
Much goes into creating a solid team and positioning your business for long-term success. But one thing you should focus on is providing your employees with excellent benefits that make people want to work for your company.
Trying some (or all) of the ideas above can give your company a leg up on your competitors, but keep looking for other ways to make your team feel valued and equipped in their careers. And don’t forget to reach out to Oasis Consulting Group for all your business development needs!