Work Perks: What You’re Missing Out On

If you’re like most people, you probably think of work perks as things like free coffee, gym memberships, or catered lunches. While those are all nice benefits, they’re not the only ones out there. There are a lot of great work perks that most people don’t even know about. In this blog post, we will discuss some of the best work perks out there and what you’re missing out on!

What Are Work Perks?

What Are Work Perks

Work perks are any benefits or privileges that you receive as an employee. These can be things like paid time off, healthcare, retirement savings plans, or even just small things like free coffee or parking. Perks are typically offered by employers as a way to attract and retain employees. They can also be used to improve employee morale and motivation.

One of the biggest misconceptions about work perks is that they’re only for big companies. This simply isn’t true! Work perks can be offered by any size company, and there are a lot of great perks that small businesses can offer their employees.

Types Of Work Perks

Work perks can be divided into two main categories: financial and non-financial. Financial perks are things like health insurance, retirement savings plans, or tuition reimbursement. Non-financial perks are things like free coffee, flexible work hours, or paid time off.

Financial Perks

One of the biggest advantages of financial perks is that they can save you a lot of money. For example, if your employer offers health insurance, you won’t have to pay for it yourself. This can be a huge advantage if you’re on a budget or don’t have a lot of extra money to spend on benefits. Financial perks can also be used to attract and retain employees. If you offer a competitive benefits package, it will be easier to attract and retain top talent.

Non-Financial Perks

Non-financial perks are often overlooked, but they can be just as valuable as financial perks. For example, if your employer offers flexible work hours, you’ll be able to have a better work/life balance. This can be a huge perk if you have young children or other responsibilities outside of work. Other non-financial perks include things like free coffee, gym memberships, or catered lunches. These perks can improve employee morale and motivation by making the workplace more enjoyable.

Benefits Of Work Perks

Benefits Of Work Perks

There are a lot of benefits that come with work perks.

  • For one, they can help you attract and retain employees. Employee retention is important because it can save your company money in the long run. The cost of recruiting and training new employees is often much higher than the cost of keeping existing employees happy and engaged.
  • Work perks also improve employee morale and motivation. When employees feel appreciated and valued, they are more likely to be productive and engaged in their work.
  • They can also help you save money. For example, if your employer offers a retirement savings plan, you can save for retirement without having to worry about it yourself.
  • Additionally, work perks can help you attract top talent. Candidates who are considering multiple job offers will often choose the position that comes with the best benefits package.
  • Work perks also improve your quality of life. Things like paid time off and flexible work schedules can help you better manage your time and stress levels.
  • Finally, work perks can make your job more enjoyable. If you have access to things like free coffee or gym memberships, you’ll be able to enjoy those benefits while you’re at work!

These perks can prove to be beneficial in several aspects. It can enhance the quality of an individual’s work, further encouraging them to work efficiently with full interest. This contributes to a richer and more productive turnover

Types Of Work Perks

Types Of Work Perks

While some companies do offer great perks, others leave a lot to be desired. If you’re not happy with the perks at your current job, don’t worry! There are plenty of other companies out there that offer much better ones. Here are some of the best work perks out there:

One of the best work perks out there is paid time off (PTO). This is time that you can take off from work for vacation, sick days, or personal days. While some companies have a limited amount of PTO that you can accrue, others have an unlimited amount! This perk is great for employees who want to have a lot of flexibility with their time off.

Membership Offers

Another great perk that many companies offer is membership deals. This can be anything from a gym membership to a subscription to a streaming service. These deals are usually offered at a discounted rate for employees, which can save you a lot of money in the long run.

Social Security

One of the most important perks that you can get from a job is social security. This is a government-provided program that gives employees a safety net in case they become disabled or retire. While it’s not the most exciting perk, it’s one of the most important!

Retirement Savings Plans

Another important perk that many companies offer is a retirement savings plan. This is a great way to save for your future and ensure that you have enough money to live on when you retire. Many companies offer plans which allow you to contribute a portion of your paycheck into a savings account.

Discount Coupons

 Work Perks Types

Another great perk is discount coupons. These can be used for a variety of things like restaurants, clothing stores, and even travel. This perk is especially useful for employees who are looking to save money on their everyday expenses.

Childcare Benefits

If you have children, then you know how expensive childcare can be. Luckily, there are a lot of companies out there that offer childcare benefits to their employees. This perk can help to offset the cost of child care and make it more affordable for families.

Flexible Hours

If you’re someone who prefers to work outside of the traditional nine-to-five schedule, then flexible hours may be the perfect perk for you. With this perk, you can typically choose your hours and even work from home if you’d like! This is great for employees who have families or other commitments outside of work.

Life Insurance

Some companies also offer life insurance as a work perk. This can be extremely beneficial for employees who have families or dependents. If something were to happen to you, your family would be taken care of financially.

Healthcare

Another great perk is healthcare. This is especially important in the United States, where healthcare can be very expensive. Some employers offer full health insurance coverage for their employees, while others offer partial coverage. Either way, this is a great benefit to have and can save you a lot of money in the long run.

Retirement Savings Plans

Retirement savings plans are another great work perk. These allow you to set aside money from each paycheck to go towards your retirement. This is a great way to save for the future and ensure that you have enough money to live comfortably in retirement.

These are just a few common examples. Depending upon the workforce, the number of employees, packages, and the nature of the organization, these perks may change in form and shape in accordance.

Conclusion

In conclusion, there are a lot of great work perks out there that you may be missing out on. If you’re not happy with the perks at your current job, don’t worry! There are plenty of other companies out there that offer much better ones. Do some research and find a job that offers the benefits and perks that you’re looking for. You deserve it!

A Word From MantraCare Wellness

Employee wellness programs are the key to improving employee motivation, productivity, and retention. At MantraCare Wellness, we have a team of health experts, counselors, and coaches who serve corporate employees with 10+ wellbeing programs including EAPEmployee Diabetes ReversalCorporate MSKPCOSEmployee FitnessCorporate YogaEmployee meditation, and Employee Smoking Cessation.