18 Feb Employee Perks: Are They Enough?
Employee Perks: Are They Enough?
Throughout the past three weeks, Hubb has explored the ideology of employee perks and deconstructed its meaning, importance, impact and many other considerations. However, although employee perks are fun and great additions to the standard organisational benefits, are they enough?
Perks are not bad in any way, in fact they have the potential to make the workplace more inviting, comfortable and interesting, however they cannot always be used as a substitution for a high-performance culture.
What we mean by that is, just because you have implemented employee perks into your workplace strategy, it does not mean you can sit back and let the staff room ping-pong table solve all your problems.
Employees look for respect, recognition, the ability to add value and many more aspects of organisational culture. Perks can often be a distraction from this, and what really matters. For example, employee perks are often utilised as a recruitment technique, but what does it mean if it does not change the low employee satisfaction or high turn-over in the background?
Perks are important to add excitement and fun in the workplace; however, they should not be solely relied on to keep the company afloat. The strategy of how your organisation implements employee perks is just as critical as incorporating them in the first place, making it essential to do it right.
Contact Hubb Strategic Consultants today to find out how you can successfully incorporate employee perks into your business, the right way.