9 Unbelievable Ways Companies Have Boosted Morale
Subsidized lunches? It’s par for the course these days. Ping pong tables and an in-office gym? Oh please, that’s so 2006. Companies nationwide are have been pushing themselves to attract and retain top talent with exciting perks and morale-boosting incentives for the past decade. However, there are a few companies who go above and beyond.
It’s got less to do with one-upping the competition. However, engaging employees in subtle and not-so-subtle ways is about success and performance. The companies who are doing it right, are thinking outside of the box and are in touch with you—the employee and the job seeker. After all, increasing employee engagement investments by just 10% can increase profits by $2,400 per employee, per year.
“The health of your culture, employee moral and engagement and satisfaction scores are key indicators of your business performance. Investing in employees sends the message that you care about the time, effort and heart they put in to make you successful,” says Kirsten Davidson, Head of Employer Branding at Glassdoor. “It means, they value you as an individual, not just a contributor. And in the end, it means better loyalty and engagement for you. Win win.”
Want to know which companies really value their employees? Want to know which organizations are pushing the envelope? Look no further.
Here are 9 unbelievable ways that companies are boosting employee morale.
1. Health before hustle.
Rebranded in 2014, CVS Health is not only prioritizing the wellbeing of its customers, but they are putting their employees on a path to better health. Top perks for employees include free health screenings and immunizations, adoption coverage/assistance, education reimbursement. Plus, for many roles CVS allows employees to work from home after 6 months in the office. This just goes to show, increasing employee engagement investments by 10% can increase profits by $2,400 per employee, per year. (Workplace Research Foundation)
[Related: Top 20 Employee Benefits & Perks]
2. One year of parental leave.
Netflix has taken over digital entertainment and expanded at breakneck speed, but that doesn’t mean the company is sacrificing work-life balance. Sure the company has over 75 million subscribers in 190 countries, however, new parents, both men and women, are given one year of paid parental leave to settle into their new roles as mom and dad. 12 months of dedicated diaper changing, bonding and posting adorable pictures to social media. That’s not shabby!
3. A day (or two) of play
REI encourages its employees to get outside by offering two paid days off, called “Yay Days,” a year to enjoy their favorite outside activity. With nearly 3 in 5 (57%) people reporting benefits and perks being among their top considerations before accepting a job, REI is on the right track with Yay Days and their #OptOutside movement which, employees say, is at the core of the company’s great work-life balance.
4. Bills, Bills, Bills
With a large section of the workforce paying off student loans, PWC or PricewaterhouseCoopers LLP is helping its team members pay off their bills and student loans. One of the perks employees love most at the tax and advisory services firm is the $1,200 per year, per employee for student loan debt reimbursement. Every little bit counts.
5. Touting diversity
In an age where the conversations around diversity in the workplace can be grim, Taco Bell is proud to stand out from the pack. Celebrated as on of Fast Company’s Most Innovative Companies, the home of millennial marketing and the quesarito announced that 60% of associates are people of color. Furthermore, women and people of color were 65% of external management hires over 2015 and 71% of internal hires (promotions). Why is this a morale booster? Because 67% of active and passive job seekers say that when they’re evaluating companies and job offers, it is important to them that the company has a diverse workforce. (Glassdoor survey, July 2014)
6. Baby cash
As a way to encourage women employees to “lean in” to their careers and show how welcoming they are to women engineers especially, Facebook awards a new parent $4,000 in “baby cash.” On top of that, Facebook offers four months of paid leave and subsidizes daycare for new parents. Baby cash can be used for fertility treatments, adoption, surrogacy assistance, childcare costs or just the dozens of diapers new parents will inevitably need.
7. Crash courses and classes
While job training is nothing new, Evernote kicks things up a notch through the “Evernote Academy” which offers team building classes like macaroon baking, management, Bloody Mary-making and even English courses. “You get to know people in different departments,” said Bethany Brodsky, vice president of talent at Evernote. “All perks have a lens of productivity. Help you get to work more efficiently. You’re more productive when you know each other and by having these, you are better at your job.”
8. Be your full self
It’s one thing to talk about equal rights, but it’s quite another to subsidize it. Accenture is one of the first companies in the US to pay for gender reassignment surgery. Accenture covers gender reassignment for its employees as part of its commitment to LGBTQ rights and diversity. While this isn’t the conventional way that companies engage employees, this is a huge commitment for an organization to make and it signals to all employees how dedicated to diversity the firm truly is. Hats off to Accenture.
9. Eat right, live right
St. Jude’s Children’s Research Hospital is a world-renowned cancer institute, and alongside the treatment of patience, St. Jude offers tremendous support to staff. The beautiful Memphis campus features include a free on-campus wellness and fitness facility, onsite farmer’s market and food trucks (seasonal), onsite credit union, a variety of wellness programs, onsite cafeteria and Starbucks, an onsite travel office and free parking. Additional benefits include financial education, estate and funeral planning services, 529 college savings plan, group legal plan and leave-sharing program. Oh, and employees have been known to get “groovy” during the hospital’s Halloween festivities.
via Glassdoor Blog http://ift.tt/1q5u9yE
December 2, 2016 at 12:21AM