What Are The Best Employee Perks That Employers Offer?
In today's economy,a steady salary, healthy work environment, and comprehensive medical package are as valuable as ever. While these employee benefits are standard, employers are offering further options and opportunities to employees to boost morale and productivity. Invest in your employees, and employers can be paid back with productivity, less employee turnover, and fresh ideas. Here are the best perks you can offer to keep employees engaged and feeling appreciated.
- Help Them Help Others: One-for-one matching on charitable donations is common in corporations, but some go even further. Some companies give paid time off for employees to help charities of their choice. Allowing employees time off to make a difference makes them feel like they’re making a difference by working with your company.
- Free Food/Beverage: It might seem simple, but a supply of snacks or free sodas can really keep employees happy, especially if they’re Diet Coke addicts. Ordering in lunch during the busy season or on a regularly appointed day saves employees money and your time. Company-sponsored lunch often increases productivity because employees stay in to eat.
- Biggest Loser Competition: A workplace competition can boost camaraderie and coworker interaction. Add in a healthy component, such as weight loss and fitness, and you have healthier employees that enjoy working together.
- Provide an Activity: Yoga sessions, tickets to a game, a company happy hour, or an after-work movie night at the office can be a fun perk to help employees relieve stress and show a fun side of the company.
- Time to Work on Individual Projects: One of the many perks of working at Google is that employees get 20% of their time a week to work on their own projects. Seeing as most workers don’t focus on work 100% of the time, allowing them to assign time to be creative could improve innovation in your company. It could also help produce suggestions that can help your business succeed, as well as new business opportunities and directions.
Sue Funke is a comedic writer with a background in e-commerce. She studied writing at Hofstra University and writes for several online publications. You can see her performances on YouTube or learn more about her online store at http://FunkeIndustries.tumblr.com
Franchise Mergers and Acquisitions
There are several reasons for franchises to consider acquiring another franchise. It could give them the opportunity to add new products without the risk or cost of developing these offerings internally. It could help the buyer add new markets, geographically or demographically speaking, with an already strong existing brand. Acquiring a franchise supplier or distributor could build efficiency through vertical integration. Acquisitions can also help a franchise develop sufficient scale to compete with a larger rival more effectively.
The Importance of Setting Clear Expectations
So my recommendation is as follows: As early in the relationship as possible, invest the time necessary to clearly describe the shared expectations for how you will work with your customers and, and how you will work with your employees. If you do this well, everyone will be on the same page and when you deliver something a little bit better than they expect, the will see you as someone they trust, like and want to be loyal to – a strong driver of success for any business.
Franchises vs. Startups, What Makes More Sense for You?
In order to decide which alternative (franchise vs. standalone startup) is the wisest choice for you, you need to understand the advantages and challenges of both options.
