Ask a Recruiter: What are some low-cost or no-cost benefits employers like myself can offer their employees?

 

Every third Thursday of the month, we answer questions submitted to us from Kansas City area job seekers and employers. This week, Senior Recruiter in our Administrative Division Morgan Johnson answers a question from an anonymous employer.

 

What are some low-cost or no-cost benefits employers like myself can offer their employees?

 

Morgan Johnson:

As the job market improves and job seekers have more opportunities, a lot of the companies I work with are asking this same question. They know that to attract the best talent, they not only have to offer competitive compensation, they also need to provide attractive benefits and perks.

Many employers think additional benefits take a big investment, but there are multiple low-cost or no-cost perks that will attract candidates and motivate your team. Here are a few that my clients have found success with:

 

Flexible Work Schedule/Work from Home

This is one of the most-wanted perks for job seekers. Modern technology has made it possible to work virtually anywhere, and a lot of companies are offering the option to work from home. If you need your team in the office, offering a flexible schedule is another benefit you can offer that will help motivate your team and offer the work/life balance many job seekers are looking for.

Casual Days/Jeans Days

One of the simplest, no-cost perks you can offer are casual days. As the workplace becomes more relaxed, employees are looking for organizations that have a casual dress code, or at the very least, casual Fridays.

Happy Hours

Letting your staff go an hour early to grab some drinks can go along way. Your employees work hard every day, and they’ll be thankful if you let them blow off steam every now and then with a happy hour.

Time to Volunteer

Volunteering can be an extremely rewarding experience, and your employees will appreciate the chance to give back to their community. You could create a team building event and volunteer as a group, or offer your employees a certain number of hours a quarter to spend their work time volunteering. For example, at Morgan Hunter, we adopt a family during the holidays, spending time at work buying and wrapping presents for our adopted family. We are also very involved with Big Brothers Big Sisters of Greater Kansas City and we hold numerous fundraising events for the organization throughout the year.

Paid Maternity and Paternity Leave

Though not required by law in most states, many employers provide paid maternity and paternity leave. Offering this benefit helps promote a family atmosphere and can help attract top-tier candidates when you’re looking to hire.

Yoga or Fitness Class

One thing we offer at Morgan Hunter is a yoga class after work. It’s a great way to unwind after a stressful day, and it’s easy because it’s right down the hall! Providing an onsite yoga class or other wellness program helps your employees get to know one another in a different environment and builds team unity.

Birthday Off/Floating Holiday

One way to show your employees that you appreciate them is to offer a floating holiday or the day off on their birthday. This helps build loyalty, and it doesn’t cost you anything but time.

Annual Auction

At Morgan Hunter, we hold an auction every year. Recruiters earn “bucks” based on production and use those “bucks” to bid on items at the auction. It’s a great way to motivate and reward everyone for a job well done.

 

While there are many low-cost and no-cost perks you can offer your staff, hopefully these can get you started.

 

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