6 Employee Perks That Help With Retention



When you build a team of workers for your business, it’s important that you are able to get the best out of them. By motivating your team with perks and benefits, you will find that it is more likely your employees will stay with your company for longer. Here are some examples of employee perks that you should consider for your business.

1- Employee Protection

Think carefully about the cover that you are going to offer to your team. Not only can you consider contributing to the pensions of your employees yourself, but you can offer specific types of insurance to protect your employees in the future. This includes a death in service benefit, dental care, and protection in relation to illness, disability, and future problems. The more investment you make into your employees’ futures, the more likely it is that they will stay at your company for a long time.

2- Flexible Working Times

Nowadays, it’s important for workers to experience a flexible working schedule when it comes to their jobs. Many large companies, like Microsoft and Netflix, allow their workers to take control of their work environment and the times that they do the work. As long as they get the work done, it does not matter what times they choose to work at. You will find that the retention of your employees will grow if they have a choice about their own type of work environment.

3- Discounts

Employees love to be made to feel like they are special. If you give them perks, like staff discounts at stores or perhaps gift cards for larger brands, you will find that the appreciation will help with their retention. This is due to the fact that they will get a reward for their effort and will feel appreciated.

4- Extra Holidays

Who doesn’t love an extra holiday? If you are going through a stressful time at work, or there are some tight deadlines approaching, retain your employees’ attention by offering an extra holiday if they hit a certain deadline. That will certainly interest them and get them working harder to earn a reward!

5- Education

As we go through our lives, it’s important that we keep a proactive mind and keep on learning different skill sets. You can aid your employees’ retention by offering this to them whilst they work for you. Send them to conferences or online webinars or invest in a course for them to improve their skill set. By doing this, you will be helping them improve and will be paving the way for a better future.

6- Mental Health Support

Employees are more likely to stay at their company if they feel you are looking out for their well-being. This includes mental wellbeing as well as physical well-being – if an employee is dealing with depression, anxiety, or stress, they should feel that they have someone to talk to. You can outsource HR counseling services that your employees can get in touch with if they need support. This could include niche services such as chaplains for those who need spiritual guidance – this guide, what do chaplains do? explains more. Larger companies may even decide to hire in-house counseling services.

7- Fun Days

After a hard day’s work, all you want to do is relax. Well, in some cases, you may be able to bring the fun to the office. Not only can you inspire your employees by hosting parties, but you should take them out during work hours to relax. Send them to restaurants, arcades or bars. After a well-deserved break, you will find that they will work harder as a result.

And there you have it – 6 employee perks that help with employee retention.