If you are a newer company or you have employees that are younger and are coming in with different expectations, then you might need to rethink how you are going to reward them for their work. Raises and retirement finds aren’t necessarily the best option when it comes to showing millennials and Gen Z that you appreciate their efforts. This means you might have to get a little creative when it comes to finding the right for them.
Here’s for your workers and provide more loyalty for your business.
1. Be open to trying new things
One of the problems that many companies face is that they are not willing to look at which types of benefits are outdated and need to be changed. Many of the old options no longer offer help to a newer workforce, and by holding on to these perks, you might be causing unhappiness within your organization. Being open to trying new types of benefits can go a long way toward showing your employees that you care about them.
2. Consider employees’ day-to-day lives
Do your employees spend a lot of time on their cell phones that they are paying for when it comes to answer client emails and managing your social media pages? If that’s the case, then you might want to consider giving them an upgrade or offer them the opportunity to have a discount when they go to pick out their next device. By taking a look into their day-to-day tasks and habits, you can find benefit options that end up serving them in multiple ways and that they will be grateful for.
3. Don’t be afraid to ask
One problem many bosses have is simply assuming that they have chosen the correct types of perks for their employees. While it might seem that every worker would want a raise, the truth is that they might be willing to look into something else such as offering them a remote work day or giving them time to volunteer at their favorite organization. When you sit down for your review with them, make sure to ask if there is something that they were prefer instead of some of the more traditional benefits.
4. Individualize their needs
Another mistake that companies make is by offering the same benefits to every employee. By taking a look at what each worker could use on an individual basis, however, you are more likely to foster an environment that encourages them to feel supported. One employee might ask for something entirely different than another, and it is up to you to decide whether or not that seems fair in relation to your other workers, or if you need to find an alternative solution. Not everyone is the same, and it’s important to recognize this when finding what works best for your company culture.
can go a long way toward building trust with employees. Once you have determined which options work for your team, you can build a stronger relationship and help them feel more excited about coming to work.