Are employee benefits the key to retaining good staff?
Some employers would say yes, but the experts agree that you can’t supplement a poor work culture with employee benefits.
You can use employee benefits to reinforce your company culture and show staff they matter, but you must have a good culture to start with, otherwise employee benefits won’t stop staff leaving.
If your culture is one where employees feel valued, supported, they have room to grow and are remunerated fairly…employee benefits can definitely give you an edge on employee retention.
If you align the benefits to increasing the health and the well-being of your employees, it’s a win/win for everyone.
Some popular employee benefits, which can contribute to good physical and mental health include:
- Flu Shots
- Day off on birthday
- Free fortnightly massages at work
- Weekly lunchtime yoga classes
- Employee Assistance Program (EAP)
- Bring your pet to work day
- Fruit supplied in the kitchen
- Supplemented gym memberships
- Flexible working hours
- Mental health days as required
- Ability to work from home when needed
If your workplace has enough flexibility so employees don’t feel overwhelmed with life outside work, productivity is significantly increased.
The modern day successful workplace is a two way street. Happy employees always give 110% especially when they feel supported by the business they work for.