The Evolution of Workplace Perks
In today’s employment market, it’s not just about attracting great talent; it’s about retaining individuals as long-term satisfied members of your team.
Welcome to 2020, where basic medical benefits are no longer a deal-maker, but rather a hiring expectation. Qualified employment candidates want more; they’re seeking culture, flexibility and perks like never before. Staggering statistics show that 4 out of 5 employees would even prefer new workplace perks over a financial raise.
We’re all familiar with the traditional employment perks such as health benefits, paid time off, retirement contributions and performance bonuses; but what about the new-tradition perks that have been implemented at our favourite companies such as Airbnb and Google? Whether searching for the position of your dreams or growing a dream team, here are some additional perks to consider;
Paid Volunteer Time - Passionate employees produce passionate work. We all have organizations that are near and dear to our heart; but many struggle to find time to volunteer. Give back to the community with a few paid hours per month allotted to each employee’s volunteer time.
Unlimited Vacation Days or Compressed Work Weeks – many large companies promote the unlimited vacation days, or 4-day work week flex options. Though the verdict may not be unanimous, it’s been said the flexibility promotes productivity, with employees respecting the opportunity to balance work and home life.
Workplace Wellness Programs - Lunch-Time Yoga programs, on-site health practitioners and team building courses are some popular wellness-promoting offerings.
Coaching or Training Dollars – above and beyond your standard development, employees are keen to receive business and life coaching services that would increase their overall success. Some companies opt to offer group-style coaching versus one-on-one coaching programs.
Corporate Concierge Services - Many employees admit to using their lunch break to complete personal appointments. From basic errands such as dry-cleaning drop off, to complimentary dog-sitting services; the corporate concierge service is making a move to the top of candidates wish lists. Consider a few hours per month allotted into an individual bank as a perk above and beyond traditional health benefits.
At the end of the day, there are many factors that contribute to the satisfaction and happiness of employees. In addition to great perks, employees want to stand behind an authentic company vision, have opportunity to excel in their position and work with a strong team of leaders and co-workers.
Whether you’re looking to attract amazing talent to your team with KAN Recruitment, or find a career that fulfills you in all avenues; we’re thrilled to be your Okanagan Valley recruitment professionals.
Now, how will you set yourself apart from the crowd?
