Cost-Effective Perks – How To Keep Your Employees, And Your Budget, Happy

Eric Hawrysz —  August 30, 2013 — Leave a comment

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Happy employees are productive employees. There have been many studies in the past that have bolstered that opinion.  Creatively keeping employees happy is a staple of being one of the top companies to work for in this day and age.  However, not every company can afford in-house daycare or a private fitness center to entice the best employees to come into the fold.  How does the small to medium sized business compete with Google or Intel in the world of offering their employees incentives?  They get creative with their perks – on a budget!

Perks are wide-ranging – they can encompass almost anything!  With a little brainstorming, it’s easy to figure out some budget-happy incentives that will keep many people happy.

Flexible schedules

Four 10 hour days per week, every other Friday off, or half-day Fridays are examples of easy-to-implement scheduling perks.  Many people appreciate being able to schedule more free time with their families.

Discounts and Rewards

Giving employees access to your company’s corporate discount rate for retailers or making corporate Credit Card rewards points available to them is an easy way to utilize resources more effectively and give employees some extra bonuses.

Socialize!

Cater lunch once a month.  Or host a pot-luck lunch if your staff enjoys showing off their cooking skills.  Have a pizza party or invite your staff to a local sports game or theater performance.   Most outings have discounted group tickets and employees will build camaraderie as they enjoy an evening out.

Personal recognition

Celebrating an employee’s birthday – or giving them their birthday off!  Celebrating their work anniversary or milestones like 5 or 10 year anniversaries help make employees feel appreciated.

Help employees feel good about themselves

Cover the cost of a local gym membership or sponsor a company team in a local 5k or charity race.  Encourage employees to volunteer for charities by making donations to causes they support.  These are just a few of the endless ways that companies can implement to make their staff feel more appreciated, important and valuable. What cost effective perks have you implemented?

Eric Hawrysz

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Eric’s our IT Manager at NewHire. He’s the go-to tech guy at the office, and when not at work, you can find him helping to stage local theatre, or getting ready for the next Comic-Con Convention.

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