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Employee Perks in Nigeria
Employee perks are those little extras that employees receive on top of their salary and benefits package. They can be anything from free lunches and gym memberships to flexible working hours and company cars.Perks are a great way to show your employees that you value their hard work and dedication. They can also help to improve morale and motivation levels in the workplace.Some companies offer employee perks as a way to attract and retain talent. Others use them as a way to reward employees for their loyalty and service.
What are the benefits of Work perks?
Many companies in Nigeria offer work perks in order to attract and retain employees. Some of the most common work perks include health insurance, transportation allowances, and housing allowances. These work perks can be extremely beneficial for employees, especially those who are struggling to make ends meet.
Health insurance is one of the most popular work perks in Nigeria. This is because it can help employees cover the cost of medical treatment if they become ill or injured. Transportation allowances can also be extremely helpful, as they can help employees cover the cost of getting to and from work. Housing allowances can also be beneficial, as they can help employees cover the cost of rent or mortgage payments.
Overall, work perks can be extremely beneficial for employees. They can help employees cover the cost of essential expenses, such as healthcare and transportation. Additionally, work perks can help attract and retain employees.
What are the most common Work perks?
In Nigeria, some of the top employee perks that are offered include wellness programs. These programs can help employees to stay healthy and improve their overall well-being. There are many benefits to offering wellness programs as a perk for employees. Some of these benefits include:
1. Improving employee health: Wellness programs can help employees to improve their health and fitness levels. This can lead to increased productivity and decreased absenteeism.
2. Decreasing healthcare costs: Healthy employees tend to have lower healthcare costs. This can save employers money on their healthcare expenses.
3. Enhancing morale: When employees feel good about themselves and their workplace, they are more likely to be happy and engaged in their work. This can lead to higher morale and improved job satisfaction.
4. Creating a positive work-life balance: Wellness programs can help employees achieve a better balance between work and home life. This can lead to improved work-life balance and reduced stress levels.
What is the Cost for Employee Perks Package?
The cost of an Employee perks will depend on the provider, company size, and services offered.
The average cost of employee perks in Nigeria is around $270 per month. This price range can vary depending on the type of perk and its location. .
Who are the top employee perks providers in Nigeria?
KPMG is one of Nigeria’s largest employers, and its benefits package reflects that status. The company offers medical, dental, and vision insurance as well as life insurance and retirement savings plans. In addition, KPMG offers tuition assistance and a 401(k) plan for employees.
EY (Ernst & Young) Nigeria Limited is another large Nigerian employer that offers a comprehensive benefits package. The company offers medical, dental, and vision insurance as well as life insurance and retirement savings plans.
MantraCare is the top Employee perks vendor in Nigeria. They not only provide excellent employee benefits in Nigeria, but they also offer extra perks like EAP, Stepathlon, Corporate Yoga, Physical therapy, and chronic condition reversal (for Diabetes & Hypertension), meditation, work counseling & more.
MantraCare offers Employee Perks in all major cities in Nigeria
- Port Harcourt
- Benin City