Employee Benefits

Improve Employee Retention with Workplace Perks

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As a business owner, at any given moment you’re juggling tons of things on your plate—making payroll, managing the workplace, keeping supplies properly stocked, troubleshooting tech issues. Worrying about whether the staff you’ve hired is happy and fulfilled needn’t not be another thing on that ever-growing list. Employee retention can be tricky but in thoughtfully thinking of valuable perks to put in place, you can put both your mind at ease as well as ensure employees feel needed and valued. After all, employee satisfaction is a win-win for everyone. 

Read on for some ways to get a hold on employee retention at your business and ensure in both small and large ways that new and old employees stick around for the long haul. 

Health insurance 

Our health is truly our wealth and quality health insurance will go a long way with your employees. Having to manage a persistent sinus infection or a larger health crisis can be stressful, especially without health insurance. In providing health insurance for employees of your business, you demonstrate a level of care for their well-being. Beyond that, many gyms offer deals to businesses who want to incentivize employees to join. Employees that are in good health are those who can contribute effectively to the bottom line of your business. 

Family-like environment

Yet another way to demonstrate care for your employees is fostering a family-like environment. Keep a running tab of employees birthdays in an office-wide calendar for both you, as the business owner, and for fellow colleagues to see. If an employee has recently gotten married, had a new child, purchased a new home, had a death in the family or any other victory/setback, make note of it. Give employees cards or gift cards to both celebrate and comfort them in their time of need. These thoughtful notions speak volumes. 

Vacation and paid time off

Everyone needs a little time off sometimes. In offering vacation and paid time off for your employees, you contribute to work satisfaction long-term and give space for your staff to take breaks avoiding burnout. What’s more, having adequate vacation and paid time off is a great way to attract top notch talent to your business during hiring stages. Employees need to feel encouraged to both work and rest to be the best staff member they can be. 

Performance bonuses 

Another great way to contribute to employee retention are performance bonuses. What better way to show those you’ve hired and remind them they are an integral part in rewarding them with extra money? Plan in advance when you’ll offer performance reviews and bonuses based on the results of those. 

Paid sick days 

To the addendum of health is your wealth, and paid sick days fall into the same category. Employees need to feel that when they are unwell, it is okay for them to rest and take time off work to get better. And to be paid for that time when they are unwell. Make sure to have paid sick days as an option for employees to opt into. 

401(k), retirement plan and pension

As much as you’d love to have your employees with you forever, there will come a time when they will move on and retire. When that time comes, you’ll want to, as a business owner, have protections for them in place to cushion them for their hard work for your business. Have 401(k) or other retirement plans or pensions available to be chosen from. 

Flexible schedule 

An additional method for improving employee retention is to have flexible schedules as an option for all new hires and for employees period. Talk to both your new hires and employees that have been with your small business for a while to ask if their schedule works for them. Be open to allowing employees to come in later and leave later or come in early and leave early. Remember: a happy employee is a productive one and one that will stay with your company. 

Office perks

Your employees will spend the vast majority of their waking life at your small business so why not have some perks in office for them to enjoy? Think of things that would be appreciated such as a free lunch every now and then, employee appreciation barbecues in the warm weather months or even office parties for the holidays. A robust break room with free snacks as well as coffee and water are always good ideas, too. 

Employee development programs 

Want to motivate your employees to continue to invest in themselves and ensure employee retention at the same time? Employee development programs are the route to go in. Offer a robust list of activities for employees of your small business: tech skills, interpersonal communication, leadership. Encourage employees to take part in these programs with frequent reminders and updating offerings throughout the year. 

Sam Casteris is a small business owner and freelance writer operating out of Phoenix, AZ. You can find more of her work on Contently.

4 Simple Strategies for Boosting Your Employees’ Morale

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Employee morale makes a big difference in workplace productivity. As an employer, you can’t control your staff’s mood, but you can definitely ensure that they have a happy, healthy, and considerate environment to work in. Here are four simple strategies to consider implementing.

Open Up Communication

People like to feel as if their work makes a difference. This can be a difference in the world at large, or simply a difference for the person they are working for. It’s difficult to put in effort all day without understanding the reasons or seeing the results. Keep staff updated on your business’s successes and pitfalls, and make sure you let them know the results of projects they have personally worked on. Good communication builds trust and rapport. If you set a standard of openness, your employees will understand when something simply must be kept under wraps. 

Stock the Break Room 

Snacks in the break room can be a small but effective way to show that you care. A coffee machine is a good place to start; warm drinks offer comfort, and caffeine provides an energy boost to finish out the workday. To avoid the classic problem of burnt break-room coffee, try a Keurig brewing system. Single-serving Starbucks K-Cup pods let your employees brew themselves a cup when they need one, and don’t share the mess or cost of brewing an entire pot. Don’t forget to stock decaf pods too; everyone deserves something hot to drink. 

Fight for Employee Benefits 

To be an employee is to invest a large part of your time and energy into someone else’s business. The deal doesn’t have to be a bad one; as an employer, you have the opportunity to make a large difference in your employees’ lives. Look for ways that your business can provide benefits that staff would not be able to acquire on their own. This might include package insurance plans, vendor discounts, or even chances to travel. Working for your business should feel like an opportunity, not a cost. 

Encourage Career Growth 

If you’re the business owner, you’re likely already living your dream. Your business is a culmination of your career and the effort you have put in. On the other hand, your employees are likely at the start of their careers. As much as you enjoy seeing them every day, it’s important to remember that your staff want to grow and move forward in life. Try to provide opportunities for growth and success within your business. If an employee has a dream that will one day take them outside of your company, don’t be afraid to encourage them. The person you help go to school today could very easily be your industry contact of tomorrow. 

There’s no one-size-fits-all solution to employee morale; what helps one person’s mood might make no impact on someone else. The best strategy is to set a standard of respect, communication, and care for your employees’ needs. If you have a good attitude, a good work environment will follow.

Guest author, Lizzie Weakley is a freelance writer from Columbus, Ohio. She went to college at The Ohio State University where she studied communications. In her free time, she enjoys the outdoors and long walks in the park with her 3-year-old husky Snowball.  @LizzieWeakley

It’s Time To Pay More Attention To These Parts Of Your Business!

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When you’re running your own business, it can often feel as though you’re spinning plates. You’re trying to keep everything together but it feels like the moment that you turn your attention to one thing, something else goes wrong. The truth is that this is just a fact of life when you’re a business owner and it’s something that you have to get used to.Sure, there are plenty of things you can do to make life easier but sadly the most common things that a lot of business owners do is to just ignore certain parts of their business that they consider to either be unimportant or that they simply take for granted. If you do that, it’s always going to cause more problems than it solves. With that in mind, here are some parts of your business that you need to stop ignoring.

Your IT solutions

IT is the backbone of pretty much all modern businesses. We live in such a heavily digital world that trying to run any business without IT solutions is just asking to get left in the dust by the competition. Of course, not everyone is going to be an IT expert and trying to deal with it all on your own can often cause more problems than it solves.That’s why it’s so important to find companies that can offer solid IT support to your business. After all, if you’re outsourcing it, you are able to focus your energy elsewhere while ensuring that it’s always being looked after.

Your accounting

Accounting is one of those things that a lot of businesses work incredibly hard to avoid as much as possible. This is often for two reasons. Firstly, accounting is difficult and complicated. And secondly, it can be incredibly boring. Most business owners would rather ignore something quite so dull and would rather focus on the more dynamic aspects of their business. However, just because it’s not that fun doesn’t mean that it’snot incredibly important. If you’re not staying on top of your books then not only could your business end up in financial difficulty, but you could end up in some pretty serious legal hot water to

Accounting is one of those things that a lot of businesses work incredibly hard to avoid as much as possible. This is often for two reasons. Firstly, accounting is difficult and complicated. And secondly, it can be incredibly boring. Most business owners would rather ignore something quite so dull and would rather focus on the more dynamic aspects of their business. However, just because it’s not that fun doesn’t mean that it’snot incredibly important. If you’re not staying on top of your books then not only could your business end up in financial difficulty, but you could end up in some pretty serious legal hot water too.

Employee support

Your employees are the lifeblood of your business and if you’re just treating them like machines who are going to do great work because you pay them every month, you’re letting them and your business down. The truth is that your employees need your care and support in order to feel motivated and happy at work. From rewarding great work to being a little more flexible with them, it’s crucial that you put the effort into making your employees feel supported and cared for as much as possible.

The truth is that you’re almost always going to be in a position where you feel like you’re playing catch up with certain aspects of your business. The key is to make sure that you’re planning and prioritising things carefully without falling into the trap of letting certain things go entirely ignored. Sure, that might sound like a serious challenge but that’s just part and parcel with running a business.

Why health incentives are a work perk you shouldn’t overlook

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When it comes to considering a new job, most people think first of benefits such as salary or paid time off. They’ll use those as the only measurement when considering whether to take what’s offered, or whether they should push harder when they bargain.

But here’s the thing: There are other tangibles that make just as much of an impact on your daily life as do salary and vacation or sick time. For example, what about not ever needing that sick time because your employer has helped you do whatever it takes to be as healthy as possible? Have you ever considered the idea of negotiating health benefits in order to achieve that end?

If you haven’t, you should. Health incentives—whatever you have and whatever you can negotiate—can help you not only feel better but reduce your out-of-pocket costs. Here’s what to consider as you review them.

 

4 Ways Business Managers Can Better Connect with Their Employees

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The most effective managers are those that make it look effortless. Connecting with your employees is the best way to become more effective at your job. Here are some techniques that you can use to help you better connect with your employees.

Practice Open Door Relationships

Almost every manager will say that they have an open door policy. Employees know that some managers are just saying this instead of practicing it. You have to practice what you preach. Take the time to listen to what your employees have to say. Be sympathetic and try to help them brainstorm solutions to their problems. You may find that they’re more willing to be open with you in return. This could help you to be aware of ongoing issues within your employee group.

Provide an Outlet

There will be times in which your employees need to vent. Let them know that this is okay as long as they’re respectful of their coworkers. Another venue to provide them with an outlet is to host an event or company party. This will allow everyone to get out of their element and socialize. Look into using a rental company like Party People Rentals & Sales to help you with your party needs. It will give you more time to focus on planning activities instead of the logistics.

Be a Mentor

Give your employees an opportunity to grow into a new position if they’re interested. You can help them achieve their goals by providing mentoring and helping to set goals. This will give you a chance to have a meaningful conversation with them about their motivations and desires. You may find that you have more in common with your employees than you had previously thought. This can garner you more respect with other employees.

Get down with It

Some of the most effective managers are those that understand all aspects of the job. Lead by example and pitch in if someone is out sick or there is a large project looming. If employees see that you’re willing to help out when needed, they view you as more approachable. This may be all that you need in order to start connecting with them. A manager that’s willing to get into the trenches tends to be more respected and trustworthy.

The first place to start when connecting with your employees is to make it personal. Having a vested interest in their success will show them that you care about their well-being and livelihood.

Guest author Hannah Whittenly is a freelance writer and mother of two from Sacramento, CA. She enjoys kayaking and reading books by the lake.

 

How to Encourage Your Employees to Participate in Charitable Causes

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Getting your employees to participate in charitable causes and events is a great way to bring your team together and give back to the community at the same time. Surprisingly, encouraging employee participation in such causes is fairly easy. Here are four creative ways you can get your employees to become active in charitable causes.

Offer Donation Matches

If there’s a cause you feel strongly about, you can get your employees to participate in it by offering to match their charitable donations to it up to a certain amount. This can encourage participation and increase the amount of good your company does in the community. Your donation matches don’t have to be huge to accomplish a great deal, so don’t feel compelled to give away thousands of dollars if your company can’t afford it.

Let Your Employees Pick a Charity

If you want to get employees involved, letting them pick the charitable cause your company will contribute to is a great way to get started. By allowing your employees to choose the charity you’re donating to, you can ensure maximum levels of worker engagement and participation.

Organize Charitable Events in the Office

One of the keys to getting employees to participate in charitable causes is to make it convenient for them to do so. Organizing office events makes it easy and convenient for people to give. Even placing a donation jar in the break room can generate a few extra donations. Office blood drives can be an especially good way to give back to the community, since blood products are often in short supply and encouraging your employees to give blood can literally save lives.

Make Participation Fun and Rewarding

Although contributing to a good cause is a reward in and of itself, it never hurts to incentivize employees. Having an employee dinner or a special event when you meet a certain fundraising goal is an excellent way to get your employees to give a little bit more or contribute some more of their time. Remember to keep office charity fun, as this will make sure your employees are energized and ready to contribute.

These are just a few of the great ways to encourage your employees to participate in worthwhile causes. The next time you run an office charity drive or try to organize a community participation event, use these ideas to ensure you see the maximum level of success with it.

Guest author Hannah Whittenly is a freelance writer and mother of two from Sacramento, CA. She enjoys kayaking and reading books by the lake.

4 Factors That Make a Comfortable Work Environment & How They Impact Employees

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There’s no doubt about it—employees thrive better in more comfortable work environments. As a business owner, it is up to you to find creative ways to make the work space as cozy as possible without compromising on productivity. So, what can you do to spruce up the work environment? Here are four factors you should consider when considering a revamp.

Use Proper Lighting

Having the right type of lighting in the workplace is essential for creating productivity among workers. Lights that are too dim can cause employees to strain their eyes to see while extremely bright lights can cause headaches and dizziness. Find a warm, inviting lighting style that works with the rest of your office decor and doesn’t impede the ability of your employees to work in comfort.

Make Communication a Focal Point

What is the point in having a physically comfy workplace if emotional comfort is lacking? By opening up the lines of communication, your employees can feel like their presence within your company matters. Not only does this drive everyone to perform better, but it helps to build trust between workers at all levels.

Place Emphasis on Organization

A disorganized and dirty work space is both inefficient and discouraging to employees. Your business doesn’t have to be spotless from floor to ceiling, but it should be kept tidy enough so that workers feel comfortable. Of course, it is always a great idea to hire a commercial cleaning team to come in and help keep the environment as clean and hospitable as possible.

Also, make it a point to encourage employees to keep their spaces organized. Offering incentives or playing games that emphasize cleanliness and organization can help employees stay on top of their productivity and feel valued by you.

Make the Break Room Fun to Use

Break rooms sometimes come off as stiff, stale, and ultimately boring. They become the rooms that employees don’t enjoy spending time in when the rooms themselves have very little to offer. Break rooms should instead be areas where employees can relieve stress and spend time chatting with one another.

To make a break room fun, try adding some activities, such as a putting hole and golf clubs or a pool table. You could even put in an old-school arcade game to create a sense of nostalgia.

Your work environment won’t be flawless, but it should be physically and emotionally comfortable and inviting to all employees and visitors. As a business owner, the standard for comfort begins with you.

Guest author Hannah Whittenly is a freelance writer and mother of two from Sacramento, CA. She enjoys kayaking and reading books by the lake.