Friday, December 4, 2020
Home Business Looking Beyond The Salary Hike: Unique Employee Benefits And Perks To Keep...

Looking Beyond The Salary Hike: Unique Employee Benefits And Perks To Keep Them Engaged And Happy

Providing a good workplace is very important

By Hubert 

Gone are the days when employed professionals would switch jobs for a measly salary hike. These days, unless you are offering a monster-sized hike, the value of an ‘industry-standard’ hike simply pales in front of the value of joining a big organization that offers a lot of perks.

Thankfully, with the increasing value of perks in the minds of working professionals, the field has been leveled for smaller businesses that are looking to attract top talent.

While bootstrapped startups cannot always match the salary figures offered by the big four in their industries, they can offer the following unique benefits to attract top talent:

Follow NewsGram on Facebook to stay updated.

Professional Development

With the rise in popularity and accessibility of eLearning tools like web conferencing solutions and learning management systems, providing employees with training and in-house professional development opportunities is easier than ever before. 

In fact, employee training has become such an accessible undertaking that a ClearCompany survey revealed that 68% of employees consider training and development the most important policy of an organization.

94% of employees said they will stick to their current organization longer if their employer makes an investment in their training and development.

Investing in the training and development of an employee makes them stick to their job more often. Pixabay

Genuine learning opportunities don’t just enable your business to attract and retain top talent, but over time, it also gives your business access to a better trained and more skilled workforce.

Flexible Timings

At its California headquarters, Netflix does not track the work hours or vacation days of its employees. Their managers only concern themselves with the things that they get done. Sure, there may be some deadlines involved, but there is no real ‘time tracking’ and ensuring that employees are working 40 hours every week.

Now, Netflix is a raging success, a billion-dollar company and while some of this success can be attributed to their ultimate take on flexible working hours, not all businesses can suddenly stop tracking their employees’ working hours.

However, all businesses can introduce at least some level of flexibility in their working hours. This way, you can start building a culture of ownership at your organization, one that values productivity and not busy work.

Want to read more in Hindi? Checkout: पीएसएलवी-सी49 रॉकेट और 9 विदेशी उपग्रहों संग सफल उड़ान भरी 

Make Your Office Pet-Friendly

While your employees may be working from home currently, things have started getting better and soon, everyone will be back in the office. At this time, you should consider letting your employees be accompanied by their furry friends.

Having pets at work has been proven to reduce stress levels for employees, and improve the ability of your team members to collaborate with each other.

Having pets in the workplace helps to reduce the stress of employees. Pixabay

Not to forget, since many pet owners consider their pets a part of their family, having their pets at work will enable them to maintain a healthier work-life balance.

Help With Social Causes

Many of us have at least one social cause that we feel strongly about and support as much as we can. Lately, employers have started supporting their employees in helping out with the social causes they care about.

For instance, Google matches every donation made by their employees. Moreover, for every 5 hours of volunteer work that an employee does for an NGO, Google also donates $50 to that organization.

This will not just help your employees feel even better about fulfilling their social responsibility, it will also earn your business a lot of great PR.

ALSO READ: Indian & UK to Set Clean Air Street Initiative in Bengaluru


The importance of monetary compensation may still be significant for many professionals, but modern employees are placing an increasing amount of importance on the other benefits associated with an employment opportunity.

Does your organization offer any unique benefits to its employees? 

(Disclaimer: The article is sponsored, and hence promotes some commercial links.)



Most Popular

India’s E-Commerce Industry Reported Nearly 56 Percent Growth This Festive Season

India's e-commerce industry reported nearly 56 percent growth in order volume this festive season amid the pandemic as compared to the same period last...

‘Operation Talwar’, A Story Of The Valour Of The Indian Navy

BY SHANTANOO MISHRA If the border of a country is secure, then both development and history can be created. All the three armies of India...

Indian American Teen Gitanjali Rao Is ‘Kid Of The Year’ By TIME Magazine

TIME magazine has put an Indian American teen "scientist and inventor" Gitanjali Rao on its first-ever 'Kid of the Year' cover, selected from a...

Christopher Nolan: Indian Films Are Wonderful And Are Kind Of Fundamental

Christopher Nolan feels Hindi films happen to retain the fundamental reasons due to which we enjoy cinema, and that Hollywood has lost some of...

Natural Antioxidants That Helps Body To Deal With Pollution

The air that we all are breathing has reached dangerous levels of pollution yet again. People with no known history of respiratory problems are...

A Focus On Academic Entrepreneurs In India

India is the third-largest tech start-up hub globally, yet academicians are still on the fringes when it comes to entrepreneurship in the country. The...

Indians Willing To Take Salary Cut To Work From Home

Amid the Covid-19 pandemic, at least 54 percent of working Indians said that they love working from home (WFH), of which 34 percent are...

Energy Efficiency Sets Slow Not Reaching Climate Goals

The already sluggish pace of global progress on energy efficiency is set to slow further this year due to the economic impacts of the...

Recent Comments