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Employee Perks: Perks That Can be Valued More Than a Pay Rise - HUBB Consultants
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Employee Perks: Perks That Can be Valued More Than a Pay Rise

11 Feb Employee Perks: Perks That Can be Valued More Than a Pay Rise

Posted at 20:00h in Blog by
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Employee Perks: Perks That Can be Valued More Than a Pay Rise

Over the past two-weeks, Hubb has explored the ideology of employee perks, discussing the blurred line between perks and benefits, and the significant impact they have on employee engagement and retention.

Company perks remain a major opportunity for many businesses. A study described by USA Today, has reported that about 48% of employees would choose an offered position over another if there was an inclusion of company perks, including simple gestures such as the availability of snack bars.

So, what employee perks really matter to the employees? Forbes has compiled a list of the best employee perks that are regarded higher than a pay rise:

  • Health insurance,
  • Paid paternity leave,
  • Paid time off,
  • Paid volunteer time off,
  • Family planning options,
  • Four day working weeks,
  • Student loan reimbursement,
  • Parental support,
  • Employee development programs,
  • Employee discounts,
  • Gym memberships and wellness programs, and
  • Diversity programs.

These are just a few examples of employee perks that can be received higher than a pay rise. However, it is important to consider your employee demographic as not all perks benefit all age groups, religious views, lifestyles and other demographic aspects.

Don’t wait until it is too late. Incorporating a wellness program into your organisation to assist employees in maintaining better work-life balances is a key element in employee attraction and retention, and also long-term loyalty and success.

Are you ready to implement employee perks into your workplace strategy?

Don’t wait until it’s too late; contact Hubb Strategic Consultants today to find out how you can successfully align your organisation with the right employee perks.