7 Inexpensive Benefits to Show Your Staff They’re Appreciated


Health insurance, retirement plans, and paid time off are some of the most common benefits employers provide to their staff – and with good reason. While a competitive salary can attract top candidates to your company, the key to retaining highly qualified staff is showing them how much they’re valued. Offering additional benefits to your employees not only shows them how much you care, but it motivates them to put their best foot forward on the daily basis. If you’re interested in extending a little appreciation to your staff, here are some ideas that won’t break the bank. 7 inexpensive benefits to show your staff they're appreciated:

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1. Telecommute Opportunities

Every now and again it could prove beneficial to allow your staff to work from home. In this ever evolving digital world of business, connectivity is now easier than ever. Management tools makes it easier for you to manage employee time and collaborate on company projects. Offering telecommuting benefits lets employees know that you understand their need to care for their loved ones and that you trust them to get the job done from home.

2. Commuter Benefits

Transportation costs can bite a big hole in anyone’s budget. Whether your staff uses public transportation or drives themselves to work the cost of fare, parking, petrol, and car maintenance is often strenuous. Helping them pay for their annual commuter ticket through their pay or setting aside a small monthly stipend per employee can help them out and make them feel appreciated.

Recommended reading: How To Create The Perfect Benefits Package For Your SME

3. Tuition Assistance

In order for your company to grow you must continually invest in the growth and development of your staff. A great way to show them that you want them to achieve greatness is by offering to pay for a portion of their learning and development costs. Whether your company creates a scholarship fund and awards it to a recipient each year or you have enough funds in the budget to pay for a percentage of your employee’s education, they will be grateful.

4. Family Days

Want to show your employees that you care about them as individuals? Introducing a company family day is a great way to show it. Any time your staff can spend with their families and away from the desk is a perk. Take a day out of the year and plan something nice for your staff and their families to do (i.e. picnic, games, a nice luncheon). This is a great way to get to know more about your employees and to cultivate a more family oriented work environment.

5. Wellness Programs

Although health insurance covers the bulk of your employee’s health needs it can also be beneficial to offer wellness programs. There are lots of options out there for you to choose from that can fit within your budget. From giving your staff discounts at local gym memberships to having meetings with popular weight loss programs your staff will be pleased that you’re keeping their health in mind.

Recommended reading: 5 Simple Ways To Ensure Happy Employees

6. Dress Down Days

Here’s a perk that won’t cost you a penny to implement in the office. Instead of always having your team dressed like they’re heading to a meeting, you could cut them some slack and allow them to dress down on occasion. Casual Fridays have always been a popular choice allowing your staff to dress down just before the weekend.

7. Flexi Time

Do your employees really need to be in the office from 9 to 5 or can you vary their schedules a bit? Employees would appreciate having the opportunity to alter their schedules to fit their personal lives. Offering flexible schedules such as 8-4 or 7-3 for employees is a great way to vary the schedules and motivate them to stay with the company.

As an employer it is imperative to remember that your employees are your best asset. Keeping them happy doesn’t always have to mean large pay raises or tons of time off. In other words, you don’t have to break the bank to be a top employer like Google. Small benefits such as these described above can go a long way for motivation and longevity. Take the time to evaluate your company finances to see how you can do just a little bit more to show your team how much you value them.

Over to you now. Any other suggestions for low cost ways to show staff they are appreciated? Tell us in the comments below. 

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Wednesday, 20 November 2019
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