We have entered a new age of business where employees want more than just a paycheck from their employers. They want to work for organizations that can offer a unique culture and of course, great benefits. In fact, 64% of millennials say benefits are extremely or very important to employer loyalty! With many companies offering tempting benefits that cater to employees’ desire for work-life balance, it may be time to refresh your own offering.
But what benefits are the most popular amongst today’s talent? We asked 11 HR professionals and business leaders to share their most popular benefits to help give you some ideas on how you can make your company the top choice for new employees!
Here are eleven popular employee benefits.
Extra day off for birthdays
RVs for the weekend
Sports & physical activities
Extra Day Off For Birthdays
We provide an extra day off on our team’s birthday. Not only do we celebrate them in the office, but we also give them a day to celebrate with their friends and family. It shows that we care and want people to feel appreciated.
Sharon Bondurant, The Finders
Our most popular benefits are relocation assistance. Our company prides itself on having some of the most talented and humble working people in our industry. We have people on our staff from all over the United States and they appreciate that we as a company are willing to assist them in relocating. Providing this benefit shows our employees that we truly care about them as people and hope to make their transition into our company as smooth as possible.
Rex Murphy, American Pipeline Solutions
We pride ourselves on being a family-friendly company with the knowledge that most people that work for us have a spouse and children outside of business hours. A great benefit to offer to employees is helping out with child care expenses. This makes the work-life balance seem much more manageable and takes the stress out of financing child care.
Chris Dunkin, Portable Air
Our company offers top tier health insurance options for our employees. We understand that employee health and wellness beyond the office doors. Our top priority is the safety and well-being of our employees and their families, hence our push for the best insurance. Employees want to know that they are cared for and have reliable insurance for the times when they need it.
Henry Babich, Stomadent Dental Lab
The most popular benefit we offer our employees is unlimited vacation. In a company of our size, it is incredibly important that we reward our employees for their hard work and show them that we value the time they put into growing our company on a daily basis. By giving them unlimited vacation time, they don’t ever have to miss a birthday, wedding, concert, or any other event that is important to them. It is this approach to work-life-balance that we feel makes our employees feel valued and respected!
Denise Gredler, BestCompaniesAZ
RVs for the Weekend
We encourage employees to take out one of our own RVs for the weekend. Not only is this a fun perk for employees with families or those who are looking for a fun adventure, but it’s also a way to help employees become more acquainted with our products. Because Cruise America RVs have visual branding components, travelers are often questioned about the RV. This enables our employees to experience a rental in a similar way to our customers and allows them to gain valuable perspective while enjoying a fun perk.
Randall Smalley, Cruise America
I’m willing to bet we’ve all had those afternoons when we’ve felt entirely unproductive, but still sat at our desks until five p.m. anyway just to clock in the hours. Or, we’ve wished we could have the mornings free to run errands or maybe you wanted to spend time with family, but a traditional work schedule doesn’t leave us the option to meet those demands. As long as goals were met and timelines were completed we were lucky to have flexible hours.
Vidya Betesh, Human Resources Generalist
Sports + Physical Exercise Benefit Card
The two benefits that we offer to all our employees with no exception are private medical care and a sports benefit card. Our employees’ wellbeing is absolutely crucial for us, and so private medical care gives them pretty much instant access to professional medical care if needed, or to standard check-ups to prevent illness. This way, employees can rest assured they are taken care of, get well quick when they fall ill and save money on medical bills. As per the sports benefit card – this one gives our employees access to multiple facilities (gyms, swimming pools, yoga or dance classes). Physical exercise helps our employees stay balanced, focused, and sharpen their minds.
Pete Sosnowski, Zety
I honestly feel the best benefit to offer (which often is not appreciated until much later) is retirement/pension benefits. Retirement plans can be one of the most popular perks offered to employees if employers also properly encourage employees to invest in their retirement and pension plans by offering to match a certain percentage of their salary, say 3% percent or more. This benefit truly offers an excellent cash value that will be appreciated when it is needed the most.
Ronald Kubitz, Forms+Surfaces
Post-COVID, our most popular benefit is a coworking stipend where we will offset some of the costs of an employee’s coworking membership. We have essentially closed the office and anticipate working remotely indefinitely and had the idea to pass the overhead savings onto our employees – for those people who don\’t want to work remotely just yet we also have the option to reimburse items bought to improve their home workspace.
Quincy Smith, ESL Authority
I’ve been an advocate for remote work for nearly a decade now, way before remote work was the COVID default. In my opinion, there’s no greater way to support a healthy work-life balance than by allowing employees to work remotely almost as much as they want so long as it fits the nature of their role.
Offering sizable remote work policies is also an important part of gender parity in the workplace. It alleviates so much of the stress parents feel between home and work obligations, especially for working moms who are often forced and then penalized for prioritizing one over the other. Few folks realize how powerful remote work can be to overcome these issues. It’s not just about convenience.
Ty Stewart, Simple Life Insure