Professional Services – Another great benefit that you can offer your employee are free professional services. What professional services that are available will greatly depend on your business, but if you are a CPA you can offer your employees free advice on tax issues or financial planning, and if you are a lawyer then you can offer your employees free legal advice and assistance. Other types of businesses can also offer their employees similar professional services by allowing employees to talk with company lawyers, accountants, business managers, or other professional staff members that can act as a mentor in helping the employee develop their career.
Interest Free Employee Loans – Offer your employees advances against their paychecks or personal loans. This may be a little tricky to set up, but those employees that have been with the company for a set number of years may qualify to borrow money and pay it back through payroll deductions. Payroll advances can also be handled rather simply by advancing the employee what they have already earned but have not yet been paid for. A check can be cut for the amount needed and then deducted from payroll when pay day rolls around. This is an especially valuable benefit for companies that pay once a month.
Enroll in a Credit Union Program – This option will provide your employees with an increased savings interest rate, the benefits of direct deposit, and access to quality banking services.
Direct Deposit – Convenience is the key to pleasing most business people. Offer your employees direct deposit for their paychecks and save them a trip to the bank.
Wellness Programs – Offer your employees health seminars, programs, and activities that promote good health. For example have a quit smoking seminar or workshop, install gym equipment like a treadmill in the lunchroom, or organize a daily walk around the block club. These efforts will not only reduce absenteeism due to health issues, it will motivate your employees to better their lives.
Free Parking – Negotiate with the parking commission or designate free employee parking near your company, or on your company’s property. Saves time and money for employees.
Business Cards – Provide your employees with free business cards and a title. Professional looking business cards can now be formatted and printed right from your computer in smaller quantities, making them more affordable than they have been in the past. Utilize your desktop publishing skills to give your employees a way to promote your company and their career.
Flexible Work Schedule – While not appropriate for every company, allowing your employees to flex their work schedule around their family and personal responsibilities. This helps to promote loyalty and retention of good employees.
Telecommute – If practical you can also allow your employees to telecommute a couple days a week from their homes. This allows parents to spend more time at home, and it allows employees with elderly parents at home to take care of them while still getting their work done for you. This helps to reduce the amount of money you have to spend on temporary employee services and overtime.
Comforts – Provide your employees with a comfortable work space. Add comfortable chairs and couches to the break room, hang pictures on the walls, infuse the air with gentle air freshener, and purchase comfortable work chairs and desks.
Free Food and Drink – Provided your employees with free coffee and snacks.