Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!
Identify the perfect franchise for you! Take our short quiz Take our free franchise quiz!

What Are The Best Employee Perks That Employers Offer?

Employee perks boost morale

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.

  1. 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.
  2. 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.
  3. 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.
  4. 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.
  5. 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

FlipFlop Dogs: Why We Started the Veteran Franchise Giveaway

veteran, as a small token of our appreciation and gratitude for all they have done for our country.

Advertising and Promotion Watch: McDonald's Monopoly is Back

This month sees the return of a venerated promotional campaign, McDonald’s Monopoly. The promotion first began in 1987, and in the last decade has become an almost yearly tradition. Each year, certain McDonald’s products come with Monopoly game tokens, each with either a space from the Monopoly board or an instant win prize for items such as a small fries. Larger prizes are won by collecting all of a group of Monopoly properties, usually three, but sometimes two (Illinois Avenue, Indiana Avenue and Kentucky Avenue, for example). Each group of properties have one whose piece is much rarer than the others; for most of the groups, it’s the last alphabetically (Kentucky Avenue for the red properties, Ventnor Avenue for the yellow), but for the dark blue, it’s Boardwalk, as it is the last and most expensive property on the board. More recently, McDonalds developed an online counterpart to its in-store Monopoly game in which customers can roll virtual dice, or more recently pick one of three chance cards for various prizes.

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.