Team Benefits That Won’t Break The Bank
Offering a variety of benefits with your present situation may not be top of mind for a small to medium-sized business right now. Even if you are unable to provide rave-worthy medical and dental coverage, or car parking, there are still other benefits that you can offer your employees to attract and keep top talent, to build a great workplace culture.
You can add benefits to your workplace in a variety of ways without it costing you a lot. By assessing your team and the types of work they do, you can identify benefits that your people will value and use (while eliminating those that they won’t), allowing you to provide a set of optimal benefits that match both their requirements and your budget.
#1 Increased Job Satisfaction:
Ask your people what talents or tools they need to execute their tasks effectively, and then assist them in obtaining those items. This might be spending time with another member of the team to learn new software or process that will give them a broader skillset.
#2 Business Representation:
For some of your people, being able to represent your company at a trade fair or small business conference or event is a fantastic benefit.
#3 Greater Challenges:
Believe it or not, many employees love being given the opportunity to work on more difficult tasks. Provide opportunities for them to grow and learn on the job. Your performance review conversations are the best time to identify these opportunities.
#4 Health and Wellness Programs:
Offering a monthly gym reimbursement is a fantastic method to reward healthy habits such as workouts and good eating choices. Contact local gyms to see if there are any partnership options to subsidise your teams’ membership directly. Maybe even make a date to go to a yoga class together!
#5 Relaxed Work Atmosphere:
Depending on your workplace culture, casual dress could be a fantastic motivator, where people can feel they can be themselves at work. Mix it up a little – it doesn’t always have to be a Friday!
#6 Team Get-Togethers:
If your work hours are flexible enough to allow it, get out as a team and go and see the newest blockbuster film together or enjoy a round of mini-golf or lawn bowls at a local club.
Keep an ear out for what might be of interest or value to your people, and remember to call out your appreciation for their commitment to your business. Hello Monday can assist you with what and when benefits should be offered along with how to develop a happy workplace culture, contact us today!