According to Glassdoor’s 2015 Employment Confidence Survey, 60% of respondents reported that benefits and perks are a major motivating factor in considering whether to accept a job offer or not. Moreover, 80% of employees reported they prefer better benefits over a pay raise.
Business giants such as Google and Twitter are famous for offering unusually expensive perks such as an in-house acupuncturist, hair stylist, catered meals and even scholarships for the children of their employees.
While you may not be able to compete with these high-level benefits, there are plenty of alternative and in-demand benefits that you can offer in order to ensure your benefits are in line with what your employees actually want and that investment in those benefits brings about the desired results.
Without further ado, here is a list of the most in-demand employer benefits:
Flexible Hours
According to a survey by Fractl, 80% of employees heavily favored companies who offered flexible work times. Rigid schedules such as the traditional 9 to 5 don’t work for all employees. Instead of forcing them to work according to a strict schedule, why not let them choose their working hours as long as their deadlines are being met?
Companies with an 8-hour work day can give employees flexibility in terms of choosing their work hours. This will make things substantially easy for employees who may have domestic obligations to attend to.
Work From Home
According to Forbes, 45% of at-home employees reported to “love” their job. The same could not be said for office employees, as only 24% of in-office workers expressed the same emotion.
To stand out as a company that offers its employees one of the most brag-worthy benefits, consider allowing your employees the freedom to work from home. For many, working from home is equivalent to a dream job. Without unnecessary office distractions, a formal dress code and the time and effort it takes to commute, your employees may actually perform better.
While it may not be a feasible option for every company, you can work out a home-office deal that works for both parties or if you truly feel that the work your employees do only requires a computer and can be done from outside the office premise, then give it a serious consideration.
Paid Vacation
Overworked employees are often at a serious risk of suffering from a burn out. To avoid that, companies must ensure they are being provided paid time-off work and provisions for a paid leave. Not only does this make your employees feel appreciated, it also makes them realize that you see them as humans who have a life to tend to outside of work.
By taking time off work, 78% of the employees reported feeling satisfied with their jobs while 77% HR managers saw a rise in productivity and quality of work in employees who opted for paid holidays.
Contact JS Benefits For Top-Notch Employee Benefits
If you’re looking to create or revise your benefits package, contact JS Benefits Group.
As a leading employee benefits, wellness and HR consulting company, JS Benefits Group provides tailor-made solutions to businesses in the Mid-Atlantic region.
The company has over two decades of experience designing practical and customized benefits programs for businesses of all sizes.
Call (877) 355-6070 to schedule a consultation.