Make Your Perks Work For You and Your Employees
In today’s job market, attracting and retaining top talent isn’t all about dollar signs. It’s not just about what you have to offer — it’s also a matter of what kind of culture your company embraces.
According to employee recognition specialist Cord Himelstein, “The conversation has evolved from emphasizing retention to emphasizing company culture.”
After surveying more than 20,000 workers around the world and studying 50 major companies, human capital experts Linsday McGregor and Neel Doshi also underscored the importance of culture by concluding, “Why we work determines how well we work.”
As you read this post, consider:
- 3 out 5 employees (60%) list benefits as one of their top considerations in choosing an employer.
- 4 out of 5 employees (80%) would also prefer new perks over a raise.
The Kinds of Perks You Offer Directly Impact Your Overall Culture, Engagement and Retention
The infographic gives you a quick overview of the top 5 traditional, non-traditional and free perks that mean the most employees. There are options for every culture — conventional, cutting-edge and somewhere in between. The choice is up to you and the talent you wish to attract and retain.
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<a href='https://blog.wagepoint.com/h/i/309801477-15-of-the-most-popular-employee-perks-spoiler-some-are-free'><img src='https://content.cdntwrk.com/files/aHViPTU2MjE3JmNtZD1pdGVtZWRpdG9yaW1hZ2UmZmlsZW5hbWU9aXRlbWVkaXRvcmltYWdlXzU4NTAxODc3YzU1NGIuanBnJnZlcnNpb249MDAwMCZzaWc9MDcyZDZmZjU2ZTYzYmZjZTg3YzQ5NmM1MGU5MzMzMmI%253D' alt='15 Top Employee Perks' width='540px' border='0' /></a></p>
Links to Sources
If you'd like to reference any of the sources listed in the infographic and this article, here are the links:
Harvard Business Review
- 4 in 5 Employees Want Benefits or Perks More Than a Pay Raise — Employment Confidence Survey (Q3 2015)
- Top 20 Employee Benefits & Perks
How Other Businesses Have Improved Employee Retention
In partnership with SuccessIsWhat, Time Doctor asked leaders at 39 companies about their top retention strategies. They spoke with businesses large and small, all around the world. You can read what they found in this report.
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