4 Steps To A Brag-Worthy Workplac e

Competitive compensation is not just about the paycheck. Consider these cost-effective resources to show your staff support.

 
 

A whopping 88% of employee attrition is attributed to non-financial issues, according to the International Association of Administrative Professionals. To balance retention goals and savings demands, consider offering a low-cost benefit to mitigate efficiency-itis (a.k.a. “burnout”) and create a more attractive workplace.

No Train, No Gain

The chance to participate in long-term, ongoing vocational training is an opportunity wise employees don’t pass up. High-level programs create upward mobility, give employees control over their professional development, and can even uncover in-house talent. Do you have an HTML wizard or an Excel genius on staff? Consider hosting on-site peer training sessions or offer remote learning opportunities.

Health, Wellness, Relaxation

From meditation rooms to Ping-Pong tables, it’s the environment, not the paycheck, that makes startups desirable places to work. Dedicated relaxation and exercise areas are a huge bonus for employees that also offer healthcare-related savings. Consider communal seating and workspaces, cost-saving natural light and ventilation, and other modern design options that create a dynamic workplace.

On Board With Retirement

More than 55% of respondents to a Charles Schwab survey said they wanted employer guidance on their 401(k). Offer in-person, individualized planning sessions — which is the preferred method for employees — rather than online forms or printed booklets.

Give 'Em A Break

Counter the temptation to call in for phony sick by bundling vacation and illness absences into one paid-time-off system. Be warned, this option also tempts employees to work when they are sick, so grab that Purell. Sabbaticals, or time to train in a new position or industry, can increase retention and job satisfaction and make the employee more valuable in the long-run. For a less costly alternative, offer short-term job swaps within the organization to achieve a similar effect with minimal HR disruption.

 

 

 

Aug. 31, 2012


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