Many work incentives are offered without a second-thought by managers; eager to keep a loyal, committed and hard-to-find team. What is missed, however, is the impact that the incentive can make on the employees’ staying power.
When the headhunt call comes (and it will with good talent), a good incentive can make the difference between an employee looking around elsewhere or looking up within your company.
With the rise in BYOD, work communication applications, and blurred lines between work and personal social media accounts, the days of switching off from work (after physically leaving the office) are long gone.
If your business is anything like ours, your team are likely in constant contact with clients, customers and co-workers, 365 days a year. With this, comes the flexibility to offer these time-enhancing incentives without many of the concerns associated with taking time off.
Over the past year, we have seen a rise in managers offering their own “brand” of work benefits - irrespective of a business’ formal incentive program. Here, we’ve highlighted some of what we deem to be the top benefits, and which seem to be working for us!
And whilst they may seem to be insignificant in the grand scheme of things, they can certainly contribute to the overall “package” or benefits structure likely to make employees stay put.
"Mini Bank Holiday"
Leave at 4 pm on Friday, back at 10 am on Monday. Those precious few extra hours really do allow for a long weekend to be just that!
Take any day off, no questions asked – it was going to be taken as a sick day anyway, so isn’t it better they can be honest?
One month of summer (often June), the offer of an early start, early finish flexi-time policy for staff to enjoy the longest days of the year to their fullest.
Birthdays, the day after the night before or Blue Monday. Sleep in, set the alarm to snooze and be in for 10 am.
"Double Up Lunch Passes"
These passes could be used twice a year in order to double a lunch break allowing extra time for a long lunch, catching up with friends or to run personal errands.
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