Offering Creative Employee Perks
Offering employee perks is a wonderful way to recruit and retain great employees. But you must offer employee perks that are desirable and that make you competitive in the job market. Employee perks don’t have to be over the top, they can be things your budget can afford.
During your interview process you can discuss the employee perks that your company offers, and then you can go into more detail about them during the new employees’ orientation. The schemes of your employee perks plans should be laid out in a way that excites the new employee and makes him or her want to become involved in the scheme. Proper communication during this process is essential in order for your employee perks plan to be successful.
Some employee perks that have proven very successful for other companies are incentive bonuses such as attendance and goal oriented monetary bonuses, service bonuses and recognition for a job well done, and bonuses upon outstanding appraisals, possibly on a percentage basis depending on how well the employee has done since the last appraisal.
Christmas bonuses are always great employee perks. Even employees who don’t celebrate Christmas love Christmas bonuses. Some employers give monetary Christmas bonuses, others give a Christmas ham or gift cards for the local grocery store chain to help with Christmas dinner. Christmas gifts as employee perks are also a good idea, but it is essential to really know the employees before choosing personal gifts for them. A Christmas gift catalog is an outstanding way to give gifts as employee perks. This way each employee can choose their own Christmas gift. Be sure to plan for the gifts to arrive prior to Christmas because many employees will actually choose from the gift catalog a gift to give to someone else for Christmas.
Employee perks, even monetary ones, don’t have to break the budget. Set aside some of your petty cash or other budget specifically for employee perks. When it comes to keeping employees happy, a little goes a long way, especially if it is more often. Competitive monthly perks are a great way to keep employees involved in the program and keep them motivated to do a good job for you. An example of a monthly incentive would be an Employee of the Month program, where the employee gets a day off with pay and a special parking space. Be creative when coming up with employee perks and you will be surprised at how quickly your employees catch on and become involved in them.
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