Retaining your top workers is a challenge in many workplaces, especially in the more competitive and highly paid industries out there. At a certain point, it’s not just about direct monetary compensation and workplace culture, but what else your employees get for their skills and time. To that end, we’re going to take a closer look at some of the surprisingly impactful benefits that you might want to start offering.
Flexible Working Arrangements
Aside from just being a highly popular perk, flexibility is fast becoming an expectation for many. The freedom to work remotely is something that a lot of workers enjoyed relatively recently, and many are hesitant to give it up. Whether you allow for complete work-from-home setups, hybrid models, or look into other flexible arrangements like choosing their own hours, you can help your team reduce burnout and improve work-life balance with a little more control over their own working style.
Personal Development Opportunities
Most truly valuable workers want more than just an opportunity to earn; they want an opportunity to grow, as well. Offering your employees a career path instead of a job is a sure-fire way ot keep them around for longer. Benefits like paid certifications, online courses, or personal growth stipends show that you value their long-term growth, not just their immediate output.
Access To Some Wheels
Car benefits are some of the most popular around, as most who work need to drive, and you can make that both more convenient and less costly. For instance, you can look at the leading salary sacrifice car scheme that allows you to take a cut of pre-tax income to provide a car much more affordably. This can not only help reduce your employees’ driving expenses, but could also give them access to much higher-end cars than they would be able to afford on their own.
Invest In Their Health
Wellness perks are becoming a lot more popular. From gym memberships to mental health days and even therapy reimbursements, showing your team that you genuinely care about their well-being beyond their sick days can be highly comforting, boosting morale across the board. Helping your team take better care of themselves also results in a more focused and highly motivated workplace, which has its clear practical benefits.
Pension Contribution
The pension age has been steadily trending upwards over the past few years, and, as such, a lot of employees are becoming increasingly aware that they may not have enough to live on if they don’t start setting a little extra aside. Helping your team save money for their retirement with contribution matching can make your company a highly valuable place to work, and also showcases a certain degree of long-term investment in keeping them there.
Benefits like those mentioned above aren’t just tangible rewards and compensation for a job well done; they’re a marker and signifier of status. It shows that your employees have their needs understood and taken care of, which makes them a lot more likely to stick around, in return.
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