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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

Five Most Expensive Franchise Types

There are thousands of franchises in all type of industries, some of which can be started for as little as $25,000 and some of which require millions of dollars. Here are five of the most expensive industries for franchise businesses:

Franchise Disclosure Document for Dummies – Part 6

The key disclosure in Item 15 states whether the franchise owner is obligated to participate in the direct operations of the franchised business. For prospective franchisees looking for a pure investment rather than a business opportunity, this disclosure might be the first (and only) provision they read in the FDD. Although, an experienced franchise investor may be able to negotiate an exception with the franchisor.