Tuesday, November 9, 2010

What are your benefits?

Employees are looking for benefits. These come in all shapes and sizes and mean different things to different people. Defining your benefits and continually monitoring and improving them is a way to keep employees interested in your company. It is also a great way to recruit new hires. Benefits don't have to be health, dental, and vision insurance. They can be paid time off, increase in pay at 30 days, production bonuses, continuing education stipends, flexible scheduling options, child care discounts, etc. Think about what your company currently offers employees. How can you make imrpovements to your benefits?

Think about offering a paid day off to those who go 3 months with perfect attendance. Consider offering everyone a paid day off on their birthdays. Ask your employees what they are looking for- maybe "suggest" some options and see where it goes- you never know what you'll get if you don't make some basic "suggestions" and leave the floor open to any ideas. Your employees will feel empowered if you allow them to help make improvements to your benefit offerings. Empowered employees take ownership and have a tendency to take a little more pride in their jobs and find fulfillment in their work. Isn't that what we all want? Leave me some feedback with your ideas on alternative employee benefits.

"Some of the best business and nonprofit CEOs I've worked with over a sixty-five-year consulting career were not stereotypical leaders. They were all over the map in terms of their personalities, attitudes, values, strengths, and weaknesses."-Peter Drucker

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