From free snack bars to fridges stocked with chilled beers, gym memberships and time off for travel, more businesses are offering corporate wellness perks to attract and retain employees. They are eye-catching offers meant to boost recruitment and staff retainment.
Taking a break
Some of the biggest, self-consciously “coolest” businesses including Netflix and the Virgin Group offer unlimited holidays to employees, allowing them to take as much time off work as they’d like. Where big firms lead, others follow: 5% of companies offer unlimited leave, according to the Society for Human Resource Management (SHRM), an American HR association, up from just 1% in 2014.
Bums on seats
The Friday night fridge full of booze for employees has become a start-up staple around the world, but it turns out free beers are not particularly highly prized. Employee benefit company Perkbox surveyed more than 2,300 people about the perks they received and their attitudes to them. Their main finding? “Some of the stuff you think is really trendy wasn’t at the top of the list of what people wanted,” says Saurav Chopra, Perkbox CEO.
Corporate wellness is too often equated with “soft” perks like meditation rooms, on-site masseurs and haircuts to keep you looking your best. While these can be important, experts say they’re nowhere near as important as making sure your workforce is physically healthy.