You’re very welcome, Kayla! Healthcare is so important as a perk that I wouldn’t consider companies that didn’t offer it during my job search. In fact, there are some well-documented benefits to offering employees stocks and equity. They regularly give praise for a job well done and hold company paid team lunches once a week. I have also noticed they enjoy the little things: lunches, snacks, and company outings. With over 302,000 offers across 10,000 cities and easy mobile access, you’ll always find a reason to Celebrate Your Savings! The value of PerkSpot and ease of use has made for an amazing partnership.”, “This is the most wonderful step we could have taken…signing on with Perkspot to provide their awesome services for our employees here at CareerBuilder. I just wish these perks would be much more commonplace in the office. Thanks for sharing! A lot of good perks but some jobs don’t have these so be lucky if your job does. Work-Life balance is essential to the health of our employees and company culture. Anything your company does that we missed? This need becomes even more acute as offices shift to virtual work models, leaving employees craving connections and bonds in the sudden absence of break-room banter and office happy hours. Despite all this, only a little over half of companies actually offer professional development programs to employees. You put in a solid 8-10 hours per day at a desk in your demanding, high-stress job. As someone earlier mentioned, tuition reimbursement would be the most amazing! For a small company which has been around for five years (a long time in the startup world) it’s been a challenge to bring change to the current office climate. This is a wonderful and informative article! Don’t know what I’d do without PTO! It was the sixth most important perk on our list (out of 15), yet again, less than half of companies provide it. In other words, many families don’t even come close to earning enough to send their children to care. What perk do you not yet have that you most *wished* your company offered? Luckily, I work for an awesome company that offers many of the perks you’ve listed above! I’ve seen it do so much good at so many companies. We spend way too much time commuting. Wellness Facilities and Support: You can set up an unused office space or patio with some simple … And many companies, including Microsoft, offer extended maternity and paternity leave that go above and beyond minimum requirements. You jump on the platform and choose the type of reward to send – Thank-you, Good Job, Impressive or Exceptional – add a personal note and an emoji or two, and hit send to let Sarah know she’s awesome. Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings. In fact, this preference is so strong, one study found 80% of employees want perks or benefits more than they want a pay raise. Affordable options like SnackNation bring the healthiest, best-tasting snacks right to your office. Valley culture has definitely changed the expectations for workers across most industries… we think that’s a good thing! By doing so, contagious employees stay away, and your company is much less likely to be decimated by widespread illness. I would never get the amount I’ve saved in health-care costs in one year, in the typical annual merit raise. Check out our State of Workplace Culture Report and then dive into some examples of outstanding company cultures, winning core values, and workplace engagement tips. As you can imagine, there are a lot of perks and benefits for companies to consider. Paid maternity and paternity leave was another big miss for companies. Keep up the good writing. I am lucky enough to work someplace where most of these are offered. These employee benefit packages may include overtime, medical insurance, vacation, profit sharing and retirement benefits, to name just a few. Hopefully there are a few new ideas in there for you. Tickets and packages may be purchased for family & friends if purchased by employee or member. In addition to employee pricing, we've incorporated more Bank of America Perks and Programs. Bonus: You can download a blank version of our IDP template here (no email required). How It Works Let’s start with how good it feels to be recognized at work. Highly engaged workforces generate, on average, 29 percent more revenue and are 50 percent more likely to have above-average customer loyalty. I agree, Rachel. that employees, especially young employees, with ownership in their companies…, Enjoy higher median incomes than employees with no equity, Possess a higher net wealth than employees with no equity, Can access more overall benefits at work than employees with no equity, Experience more job stability than employees with no equity, And getting child care assistance from companies may be the only way some families can afford child care and plan to grow their families. A simple thank-you or compliment can change your day. With the ubiquity of laptops, smartphones, enterprise chat and the like, most office jobs today can be done virtually. More people are sacrificing their health for more money. And thanks to deep reporting, and a feedback function, it’s all trackable. Anyone in today’s modern office environment knows how easy it is to fall into this trap. Vanderbilt University provides employees with exclusive perks and over $4,500 in savings on everything from pizza and the zoo, to movie tickets, oil changes, hotels, and car rentals! I agree with this article completely, my only question is how to get things like this started!? We’re lucky to have most of these at my office. Keep employees smiling and engaged by offering recognition boxes packed with nourishing snacks, practical productivity supplies, and celebratory goodies—all carefully curated to invigorate your company culture no matter where your team works. 100 Fun Office Games & Activities for Employees

Please include attribution to www.snacknation.com with this graphic.

. Our company offers benefits, Vacation and PTO. The Best Employee Recognition Software Platforms (Bonus article: 9 Apps to Improve Your Commute and De-stress Your Mornings). Many companies have escalated this idea to its logical extreme, and instituted open vacation policies and summer Friday’s off. Employees also like the fact that they may suggest a merchant to Perkspot so that they can look into negotiating further discounts for CB.”, "Thanks to this program I was finally able to afford Lasik eye surgery. I wish there was a way to find and suggest other partner-employee discounts to our HR department! Companies who invest in health and wellness actually save money in the long run by curbing healthcare costs and reducing productivity-loss due to illness. Highly paid employees, owners, or their spouses or dependents are ineligible for this program, but you can include yourself if you are a sole proprietor or partner in a partnership. But most of all, there is a peace of mind that comes with knowing that you and your loved ones are covered in the event of a major accident or illness, and you really can’t put a price on that. Discounts offered by businesses and organizations serve as an additional benefit to being a valued King County employee. Two years ago we started a wellness program and won a silver award level award this year for healthiest worksites from FCWWC! I am extremely lucky to work for a company with a robust healthcare plan as well as 401K, Parental Leave, and PTO. Investing in the right employee perks can help you cultivate the culture your company needs to succeed, and will help your bottom line down the road. PerkSpot keeps employees smiling through exclusive discounts and perks and built-in recognition where employees gain rewards for outstanding performance. Features include news, discounts, retiree lists, policy updates, inclement weather alerts, service tips, and a connection to the Georgia state employee and manager self-service portal. Couldn’t agree more, Kelly! You have pointed out accurate things that will helps employee to be more engaged with organizational goals. In fact, many companies (particularly startups) only hire people that they “would like to have a beer with.”, But, as Dan Lyons recently highlighted in his book Disrupted, that can be code for “I only hire people who look like me.”. We have 1 or 2 employee discounts with other businesses (e.g. A recent Harvard Business Review study showed that employees “typically consume one or several meals plus snacks during work hours.” This means that the food options available in the workplace matter a whole lot to the quality of the average office worker’s diet, and by extension, their overall health. There is one perk however that I wish we did offer our employees, and that is tuition reimbursement. And getting child care assistance from companies may be the only way some families can afford child care and plan to grow their families. Access to healthy snacks in the office will make for happier, healthier, and more productive employees. Absolutely. GO TO PERKS AT WORK To use our new program, click the above link or visit www.PerksatWork.com and log in using your existing username and password. It’s quick, easy and the best part? Today’s top talent is looking for more than just a maxed-out paycheck — they want roles at companies that enable a certain kind of lifestyle, which is why perks like the ones included in this article are more important than ever. Companies need the “perks” to help pull great talent. This post might have some ideas that suit your office a big better… https://snacknation.com/blog/morale-boosters/. Massachusetts-based EMC provides financial incentives for health-conscious choices like getting a flu shot or joining a gym. The answers might surprise you…. I especially like the sabbatical perk. Employees are clamoring for development. I agree, some employers assume perks don’t matter, but they need to keep pace in order to stay competitive and retain their most important asset – their people. To better provide these services, we have developed our website to assist you in answering your basic benefit questions and concerns. I must say that I am one of those people that prefers employee benefits/perks over a pay raise. We have a large number of perks at our company even though we only have 70 employees. Discount Discounts on Get More, Do More, Play More or Start Unlimited plans. We don’t get allotted too many days, but we get all Federal Holidays off, which is a nice touch. A big one is that an employee who doesn’t get recognition at work is twice as likely to say they’ll walk out the door (probably to work for a competitor) in the next year. And that’s a public health threat! GO TO PERKS AT WORK To use our new program, click the above link or visit www.PerksatWork.com and log in using your existing username and password. As we’ve discussed on this blog before, work-life balance is a thing of the past. Very lucky that we offer most of those perks! For more info visit: Privacy Policy & settings. Hiring for “cultural fit” has been a celebrated concept in the last several years. When yogurt company Chobani announced it would give all its employees equity awards, the. But the real kicker is the opportunity cost of not working for 2-3 years, which nearly doubles the actual cost. You’re right, Erin, that would be a great question to ask! Like many have said in the above comments, the top few perks listed have become mandatory and will only expand. Send recognition in real time, reward employees with gift cards of their choice, and watch engagement soar. A really interesting read. Nothing makes an employee feel more appreciated than working for a company that genuinely cares about them. According to Texas A&M Transportation Institute’s annual Urban Mobility Scorecard, commuters in major cities spent between 50 and 82 hours in their cars last year. In addition to employee pricing, we've incorporated more ADP Perks and Programs. We like to offer these attractive benefits in order to gain the most valuable employees with a high retention rate. In my current situation, #2 “vacation”, is the greatest perk for our office. These are all really great perks. Thanks for expanding on some of these topics, using this as a resource moving forward! This fresh perspective can even result in creative ideas or new market opportunities. Sarcastic posters are more our speed. “Maybe tomorrow…” you say as you dive into your Netflix queue. Thank you, Jennifer! There you will find vendors offering discounts to State of New Jersey employees for their services. Awesome Article! Learn more about getting started with Bonusly here. Free access to Community Online Academy Courses for children and adults in Fitness, Learning, & Development And as it turns out, most employees have strong feelings about their retirement benefits. In the report, we defined “perks” as all the non-monetary perks that companies offer employees. Absolutely. Great point, Whitney. They also love the in office perks like snacks from Snack Nation, and delivered meals, plus a huge fridge full of ice cold drinks. As we’ve demonstrated so far, the effectiveness of monetary incentives (particularly salaries) has its limits. For details on each offer, go to the page that applies to you, sign up and start saving. Again, the effect is to make your entire workforce feel involved in the process and to express gratitude for their contribution to the final product. 31 Sensational Swag Bag Ideas Telling a potential employee that one of our benefits is a “nationwide employee discount program” is an exciting selling point that has, on more than one occasion, tipped the scales and helped me land the candidate. We are also a dog friendly office as well! Between rideshares, passes for public transportation, or even shuttle buses, there are a plethora of ways companies can subsidize commuting. I’d guess that lots of companies offer the biggies like health insurance (I hope!, and we sure love that we have that! Many employees find personal finance and financial planning a bit of a mystery, and appreciate when their employers help them plan for the future. Employees will be less stressed, more loyal, and ultimately more productive in return. And, companies with engaged teams have 12% higher profitability. Another simple and easy perk to provide is food. ), but man would we love paid parental leave… At least we have access to healthy snacks! And engaged employees aren’t just less likely to leave, they’re more productive and they make your customers happier. Reading the article really makes me appreciate how awesome I have it!!! Many technology companies choose to beta test their products internally first, killing two birds with one stone: employees feel included and “in the know,” while product managers gain invaluable feedback as they get their product ready for launch. Take the Quiz But many companies have found ways to fight this trend. The. The results were startling! The interesting thing is that larger more corporate companies are seeing the business benefits of these perks too. – I mean, hey, we’re all adults here – and we have very flexible work hours. The best part, though, has been hearing stories from employees of how they saved on a new car or a Samsung TV! 59 Ridiculously Fun Virtual Happy Hour Ideas 39 Thoughtful Employee Appreciation Ideas When reading through the top perks, I realize how many of these our company offers-great news! Is paid parental leave the #1 perk you wish you had? For that reason, I think there will be a huge increase in gym memberships and wellness plans in the next 5 years. And I agree, results-driven PTO policies are a company’s way of saying, “We’re all adults here… so we’re going to treat you like one.”. If you are a business or organization that would like to participate in the Employee Discount Program, please see the Program Guidelines. In fact, in a recent Quora survey, most Googlers cited the food options as the one perk they couldn’t live without. It would be so much less stressful knowing I could go to work full time while furthering my education. The Economic Policy Institute aggregated child care costs across the United States. We launched in 2017 and the collaboration was flawless. There are several issues with super-cheap and free employee discount programs that should give any executive pause before offering them as a benefit to employees. Employee benefits, also known as perks or fringe benefits, are provided to employees over and above salaries and wages. (ongoing verification). We’re in the process of getting a gym discount for our employees, and I think it will not only be a “perk”, but also boost productivity and office wellness! Costs and benefits must be taken into consideration before implementing an employee discount program for small business, and even after a program is in place and is being evaluated. That’s a really interesting anecdote and something I hadn’t considered – thanks for sharing, Courtney! In the end, evaluating the benefits of employee discounts and possible drawbacks is a crucial step. Pro Tip: Distributed employees also can benefit from office perks if you can go the extra mile and provide healthy snacks to their doorstep. This website uses cookies so that we can provide you with the best user experience possible. Here’s are the three biggest opportunities we found: Offering flexible hours is probably the single biggest opportunity when it comes to offering perks that actually make a difference to employees. What they fail to realize is that for today’s workers, salaries are more of a threshold than a scorecard. of 45 studies on the effects of incentives. These are great relaxation breaks our employees are able to take. In the same vein, entertainment companies like Discovery Communications hold internal premieres of anticipated programs before they air for the general public. Want to make it simple to offer recognition as a perk? Excellent point, Anna, a quality healthcare plan is considered a necessity for most job seekers. Creating a culture of diversity and inclusion takes time, but the harmony and productivity it returns will be well worth the effort. In fact, she might even take money in exchange for a shorter commute. The term dogfooding comes from the idea that a company with a good product should be able to “eat its own dog food,” and the practice can make employees feel valued and included. Using PerkSpot helps me save money on those special surprises for them as well as necessities for the house.". I think employees appreciate it MORE when you treat them like adults/trusted partners in the business. Monitor program usage, see how much employees are saving, which perks are most popular, redemption frequency, and more.

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Just owning equity * wished * your company to let them know sustainability is important as well life! State Farm perks and programs only for their services that prefers employee over...