Employee benefits trends and how to take them to the next level

As we all know, happy employees make for a thriving workplace. And what better way to boost happiness than by offering perks that make their employee experience even better? That’s why we’ve gathered 10 top perks that employees want – and have included innovative ways to improve upon them.
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1) Flexible Work Arrangements: In today’s world, flexibility is key. Giving employees the option to work remotely or have flexible hours promotes a better company culture and work-life balance, leading to improved job satisfaction.

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An interesting twist? Job sharing! Only 1% of employees are doing it, despite the demand for it.

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2) Work-life Balance Programs: Promoting physical and mental wellbeing is a top priority for many employees. Wellness programs, such as gym memberships, meditation programs, or healthy snacks in the office, show employees that their employer cares about their health and well-being.

‍Enhance the workplace experience: Add services that give employees back time in their day – like gift wrapping services around the holiday, or travel planning before spring break. Plus, adding a Community Manager can foster belonging and build an inclusive culture, uniting all employees – remote and on-site — in purpose and wellbeing.

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‍3) Professional Development Opportunities: Employees appreciate employers who invest in their professional growth. Access to training, workshops and conferences allows them to advance their careers and feel fulfilled in their work.

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How can you elevate? Provide leadership training such as conflict management and public speaking, to set employees up for your leadership pipeline.

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4) Employee Recognition Programs: Being recognised for their hard work and achievements is important to employees. Employee recognition programs, such as bonuses, awards, or verbal praise, foster a positive work environment and boost morale.

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How can you knock it out of the park? Formalise your recognition program. 69% of employees report that they’d work harder if they felt better appreciated at work, and 37% of employees consider recognition the most important factor for job satisfaction.

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5) Commuting Assistance: Commuting can be stressful, time-consuming and both mentally and physically taxing to employees. According to the Society of Human Resource Management (SHRM) 23% of workers have quit a job because of a tough commute. Providing subsidised transportation options or commuter benefits make it more manageable, and are highly valued by the employees who prioritise coming into the office.
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Beef up sustainability efforts: With the high price of fuel, LinkedIn reports carpooling is making a comeback, and risk sharing is on the rise! Encouraging and formalising these initiatives, are good for both employers and employees alike.

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6) For some employees, leaving their furry friends at home when they go into the office can be difficult. Pet-friendly policies, such as allowing pets in the office, or providing pet care services, demonstrates to employees that their employer cares about their needs and happiness.

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How can you offer a leg up: Offer pet insurance! Currently only 15% of organizations offer pet insurance. With most of us considering our pets members of the family, offering this perk can help attract and retain valuable employees.

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Offering perks that employees want, can create a happier and more productive workplace environment. Taking them up a notch, makes your organisation stand out when employees are looking for reasons to join or stay at your company.

Circles is an expert in helping organisations and their employees flourish together, we are committed to supporting companies in providing the perks that include work-life balance solutions. And with our 24/7 support available, our clients can feel confident in their ability to offer the best experience possible. Let’s make work-life balance and wellbeing a reality for everyone in the workplace!

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