Every company tries to keep their employees satisfied. A happy employee is the one who makes your customer happy and remains productive. Now the question is how you can boost employee satisfaction? If that's what you are wondering, then you should focus on perks. You may be surprised to know that employees are more interested in getting some perks from employers than in the pay rise. 

You won't have to do much to make an employee happy. Offer them perks and then see how they outperform your competitors.

What Perks Does an Employee Want the most?

There is a need to understand what kind of perks an employee needs. I'm sharing the list for your convenience.

Discount on Retail/Travel/Grocery

You might not be in a position to increase the pay of your employees. So, what you can do is to join hands with retail, travel companies, and grocery stores. Ask them to offer your employee some discounts. As you are directing many customers toward them, they won't mind offering a discount of 10 or 5 percent on the bills. As soon as you tell your employees that they can get some discount on shopping from a renowned store, brand or travel shop they will get excited about it. This is the simplest way of making your employee happy.

Performance Recognition Program

Do you have tons of employees in your company? It's not easy to keep an eye on everyone's performance. In that scenario, you need to set up a proper employee recognition program in your workplace. This software will check performance and update you about an employee of the month or employee of the year based on the criteria you set for performance. 

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Once you get this vital info, ask that the best employee to choose any perk he wants from the available list. You will recognize his hard work and send him a gift basket. The idea is simple, but it's how you can transform a good talent into a loyal one.

Company Services/Products at Discounted Rate

Treat employees like your family members. If they are working day and night to make your company grow, it's your duty to understand their value and make them feel special. You don't have to do much but give them discounted access to company services and products. 

Tuition Reimbursement

Is your employee interested in advanced learning or education? Help him grow, and you will be able to keep him. Tuition fees are increasing day by day, and not everyone can afford them. So, when you see an opportunity, spend it on your employee training. It's a way of increasing his talent while keeping him with your company. Every employee would love to accept this perk as he would move forward to his career development without worrying about expensive tuition fees.

Flexible Work Schedule

Many employees are ready to start a job when their work schedule is flexible. So, if job nature permits this flexibility, you should go for it. Through this way, you will add comfort in your employee's life, who won't ignore this factor and perform well to show that he is worthy of your company.

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Paid Sick Days

Are you one of those companies who don't care about their employees? If yes, then it's time to change this. You should pay your employee and let them take some sick days.

Performance Bonus

Add monetary rewards and see how people start doing their best. Performance bonus is a big perk. When an employee goes above and beyond, you need to recognize his effort and pay him accordingly. You can set some goals for the team, and if they meet these goals and targets, then reward them. It's a way of keeping employees motivated at work.

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Paid Vacation

Nothing could be more amazing than to send your good-performing employee on paid vacation. You will tell him how happy you are with his hard work and ready to retain him by paying his holiday expenses. A paid holiday is always the best perk that every employee wants the most.

Healthcare Insurance

Healthcare has become quite expensive. A simple treatment costs a lot, and you can't imagine cosmetic treatment. If you share the premium of insurance for your employees, they will consider it a big perk. So, you are absorbing their healthcare cost and trying to tell them that you care about them the most.

Wellness Program

Employee's mental and physical health matters the most. It would be best if you established a work culture where you program employee wellness. If they need help or consultation, you should pay the fee to get the help they want. In-office gym facilities promote fitness and keep your employee healthy and active at work.

Now you have a complete idea of the best employee perks you can offer. It will keep them engaged at work and make them happy. In turn, you will enjoy their best performance.