You want your work culture to be light, healthy, and productive as an employer. Having good architecture won’t guarantee a productive environment. Every organization is built by its employees; if you manage to provide your employees a sense of satisfaction, you can achieve a great working culture.
We all have been going through additional stress; employees’ productivity has taken a hit in such situations. As an organization, you must cater to the needs of your employees. On top of it, you must understand what factors could help the employees increase their productivity without undergoing any additional stress.
In this guide, we have listed 5 Benefits that you must offer your employees to enhance their productivity during work and reduce their stress.
You might be providing some of these benefits. However, if you are not, it is suggested to discuss the policymakers in the organization so that you can come up with something for the betterment of the employee.
Let’s begin with the list:
The 5 things employees love to have:
1. Family Vacations
Almost every company offers casual sick leaves, but they have their set of restrictions. In some organizations, employees can’t avail themselves of more than three casual leaves in a week, whereas in some, the limit is 2.
All these restrictions force employees to skip their family vacations. This creates an imbalance between their professional and personal life and increases their stress levels. All these factors directly impact the employee’s productivity, and it’s not a good sign for the company at the end of the day.
To tackle this, some organizations have started offering a week of family vacation holiday, and in some cases, companies are also sponsoring the vacations.
To compensate for the additional leaves, the company has reduced sick and casual leaves. Since companies offer family vacations, employees can accept fewer sick and casual leaves.
If you as an organization want to offer a better environment to the people working there, you can experiment with your leave policies and add seven-day family vacation leave.
2. Career Development
Hiring freshers and grooming them for a better professional career is something every big organization does. If you want to create a good reputation in the market, you must consider offering your employees appropriate space to enhance and work on their skills.
You must offer. Free certifications, industry-level courses at a discounted price, and free industrial training and orientation sessions.
Every individual wants to grow in their life, and if you provide that opportunity to your employees, they will work with dedication and loyalty.
3. Insurance Covers
Health must be the priority. You must emphasize your employee’s health over the business as a company. If you care for your people, they will ultimately benefit you in the long term. Besides that, if an organization keeps their employe’s health as the priority, people tend to work more efficiently, and you will always have the upper hand while hiring.
We recommended that every company offer Health and Term insurance to every employee. Apart from this, you need food services insurance if you are a food company or run a restaurant.
Food Insurance helps you convert your restaurant, but it also covers your employees and customer. For instance, if something goes wrong with your inventory, you can avail the insurance to recover the loss, or if your employee falls due to a wet floor, the food insurance will cover the damage.
As an organization, you must consider providing insurance covers to your employee in the first place.
4. Corporate Discounts
Providing Corporate Discounts is like catering to the needs of the family. Your employees must feel that their organization is right behind them to cover their needs.
Corporate Discounts is quite popular among the organization. Like we have seen some companies offering free meals and drinks to their employees during business hours. In TATA Group, if an employee plans to buy something from one of the daughter companies of TATA, they get a flat discount of 5% to 15%.
If you aren’t offering any discounts, you must start offering; you will notice the difference in your organization’s work environment. People prefer companies that help them to reduce their overall expenses.
Apart from this, offering corporate discounts won’t affect the company’s profit; instead, it will increase over time.
5. Periodic Bonus
Usually, companies offer annual bonuses, but studies show that humans need regular appreciation. The happiness among the employee increases when they get the appreciation quite regularly, for instance, every quarter.
If you are an organization struggling with the productivity of the people working there, you must consider offering quarterly bonuses to your employees.
It might seem expensive to the company in the initial days, but the returns will be must higher in the long term. These periodic bonuses will boost the employee’s confidence and encourage them to work with more dedication and enthusiasm.
All these benefits might look too much in the first place, but companies that offer these benefits have the edge over others when hiring. People prefer companies where they get some space for their personal life.
Apart from this, all these benefits tend to increase the employee’s productivity many folds and contribute to the companies’ overall growth. Every individual needs their workplace to be a space where they can grow every day.
These benefits will give them the boost to work more efficiently and learn continuously.
As mentioned above, organizations aren’t only built by their world-class architecture; employees build it. As an organization, you must create policies considering the welfare of people working there.