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4 years ago

The path to employee satisfaction: what perks and benefits do you offer staff?

Perks and benefits

The path to employee satisfaction: what perks and benefits do you offer staff?

The most valuable resource an organisation has is its employees. When it comes to staff retention and attracting the best talent, salary is not the only thing your staff consider when it comes to feeling valued.

Benefits and perks can do wonders for employee satisfaction. Ultimately, this satisfaction ties into a company’s overall success, and it’s vital to get it right. A variety of daily, weekly, or monthly perks can dramatically change morale in the workplace, along with productivity. Let’s take a look at several ideas, both small and large, that can revitalise employee satisfaction and encourage all the benefits that come with it.

Flexible work

Demand for the possibility of flexible work has shot up in the UK. In some cases, nearly one-third of people would prefer this to a pay rise. This demand has everything to do with work-life balance. When members of staff can’t achieve this balance, their work will no doubt suffer.

Offering flexible work schedules, where an employee can plan their work around their lives, is highly desirable. This doesn’t have to dampen productivity. In fact, done correctly, it can actually increase it. Employees that are encouraged to balance their work and life commitments goes a long way in making them feel valued.

Unlimited vacation time

Alongside flexible work, unlimited vacation time is one of the most appealing employee benefits you can offer. Despite what you might think, staff don’t abuse the idea. In fact, many say that they end up taking the same amount of holidays as they would if they had a fixed limit. The difference is the impact it has on staff.

When this is set in motion effectively, employees and the company benefit. Employees have the opportunity to work towards pursuing personal passions outside of work. Or maybe they want to take the time to simply unwind. Either of these motivations not only drastically improves employee satisfaction and feelings of worth, but they can also do wonders for productivity. In this scenario, a carefully thought out unlimited vacation time benefit scheme is a win-win for both parties.

Small incentives go a long way

Small, personalised incentives make your company stand out to top talent. Ideas can be tweaked to make your working environment unique, and a place employees genuinely look forward to getting out of bed for every weekday morning.

Take a fairly common company incentive – wellness facilities and support. There are many ways you can show how much you value the wellbeing of your staff. Perhaps set up a wellness room for regular meditation, yoga, or mindfulness classes. Some companies even have a local massage therapist to come into the office once every six weeks to give chair massages.

Perks that relieve the stress of your staff and empower them to look after their mental health will do wonders for productivity and job satisfaction.

When rolled out effectively, the benefits of employee perks often outweigh the costs. Previous company culture may resist these changes, but once productivity, staff retention, and talent in the workforce start increasing, it will be difficult to deny the positive impact of truly valuing your employees.

My Colleague blends efficient, automatic, workforce management with key aspects to improve employee engagement and satisfaction, providing one of the most comprehensive and effective management systems in 2019. To find out how My Colleague can revolutionise your workforce, get in touch with TPSG on 01782 213 116.

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