Everything you need to know about perks at work (+ 5 ideas to reward employees)
Office culture has become a science. In the past, a paycheck and a water cooler might have kept your employees happy but as office culture has aged, it's also refined.
Employees expect more and more from their chosen workplace. Now employers need to strike an almost chemical balance between a workplace and a fun space.
If you're an employer, it’s likely that this cultural revolution has come as an added stress to your daily tasks, a footnote in a long list of things-to-do. It's possible that you might think: “forget this, it’s not worth the trouble” and this is an understandable standpoint if you haven’t been given the full picture.
However, the future of your workplace might depend on just how well you adopt the new trend of having perks at work. An office environment can make or break a job, so here's everything you need to know about nailing a fun workplace:
Let’s face it, 30 years ago, the idea of giving employees a ping pong table and beer would have been laughed down. The consensus would have been that a) no one would get any work done and b) this was exactly what a paycheck was supposed to finance.
Then along came Google. Started by two students at Stanford, the search engine did more than defining what the internet would look like. They also began a workplace revolution that would send tremors throughout the corporate world.
They made work fun.
It was shocking, outrageous, and to some, incomprehensible. Larry Page and Sergey Brin broke the office mould and began creating a pleasure palace that surrounded their employees’ desks, complete with gyms, swimming pools and 18 cafes.
In fact, the Googleplex, as it was named, didn’t really seem like a workplace at all, more like a Centre Parcs. And yet, to everyone’s surprise, productivity didn't drop. In fact, it increased. So as Google grew, so too did the idea that a stimulating workplace creates a stimulated workforce (who knew?).
This was the seed from which the past 10 years of HR innovation has sprung from. From ‘flexible working’ to Employee Assistance Programs (EAP), everything grew from Google's mantra that “you can be serious without a suit”.
If you’re convinced but are looking for some inspiration, here are 5 perks at work that are employee approved!
This is a fairly easy one to implement - it’s low cost and high reward. In the recent Great Perk Search, ping pong tables ranked the highest out of all other employee perks and benefits, with those surveyed giving it a score of 95 out of 100. It costs less than taking everyone out for a drink and who knows, you might find it a great way to relieve stress yourself!
Turn moments of low productivity into an excuse for some company-wide fun. Friday afternoons are the perfect example. No one quite has the energy to achieve their full potential when it’s the working week’s dregs. Most employees will have already switched off and be gearing up for the weekend. Letting your employees start it a little early with a treat lunch, or a few drinks, will not only boost your popularity but help them wind down properly into the weekend. We’re not making this up either - free lunch or drinks ranked in the top 20 perks employees wanted.
Nobody's saying colleagues have to be friends, but having a strong relationship helps on both a work and personal level. A good way to bring everyone together is by treating your team to a night out, or dinner, courtesy of the company card.
If you’ve ever been part of a team sport, you'll know a vital part of team building is having regular “socials” to help players gel together. Adopting the same principle as a workplace perk can improve teamwork and collaboration both within and across departments.
The top-ranked perk in the Great Perk Search was extracurricular office activities, like sports teams or book clubs. At first, this seems a little surprising (it ranks higher than a free lunch??) but take a moment and think back to school, or university. There were a whole load of opportunities to explore and expand your interests and/or skills, all for free.
However, as soon as you enter the workplace this vanishes without a trace. To be part of a club involves an application or a fee. So ask around your office and gauge what people want. Running a 5 aside football team, or perhaps even a company chess club (whatever floats their boat) scores big points with employees.
Perhaps this is a personal point - but what office can call themselves progressive, innovative or productive without having a chuffing great coffee machine. In all seriousness, this should be a given. Your employees will spend most of their lives in the office, will come in early and leave late, clocking up hundreds of hours of unpaid overtime. The very least you can do is offer them a decent cup of joe, right?
The second is more straightforward: people work harder in jobs they care about. It sounds ridiculously self-explanatory but if you think about it, you’ll realise how absent it is from employer language.
There’s often an expectation that salary will overpower enjoyment. You pay someone enough money and they’ll just about do anything. It’s a fairly bleak characterisation of humanity and it's not really true. What tends to happen is either you have unproductive staff, or you have fatal retention rates. Both of which are pretty disastrous outcomes.
Also, making work enjoyable is often nothing to do with what an employee is doing but how they're doing it. If someone sits for 9 hours in front of a screen repeating the same task, without moving, the chances of them enjoying themselves are pretty slim. Give them the opportunity to refresh their mind, however, and the monotony disappears.
As Google showed us - a quick game of ping pong or a swim every few hours doesn’t harm employee productivity but increases it. Unsure? Well, this isn’t a minority opinion. In fact countries like Germany, or Sweden that have experimented with shorter working days, have reported increases in productivity and a reduction in sick days .
The principle behind having recreation in the workplace is similar It encourages employees to relax at work, as they would do at home. It gives them flexibility in their routine, and it promotes health and wellbeing.
There are two main reasons why perks in the workplace have such a positive impact. The first requires a little bit of visualisation:
You’ve just walked into an office for an interview. You’re trying to gauge the vibe of the place, work out what the company atmosphere is like. How do you go about it? What’s the litmus test? You might try and read the people, judge their optimism but this can be tricky and misleading. Asking is no use either - who’s going to openly slag off their company?
The best and easiest way is often to observe what’s going on in the office. Are people fun? Or do they look like they’re on the brink of throwing in the towel? If everyone is sitting in cubicle glumly tapping away on the keyboard, while the occasional flutter of conversation is heard at the kettle, this doesn’t bode well.
However imagine seeing a social area filled with snacks and coffee, exercise bikes and a ping pong table. This paints an entirely different picture of the company. Your first impression would be that this was an innovative, forward thinking environment where this employer looks after its employees.
From a very business-oriented viewpoint, increased public visibility is a key benefit of having perks at work. You'll cultivate a progressive, innovative image and find yourself attracting more candidates.
These might seem more like "nice to haves" rather than office necessities but the research shows that company culture is integral to recruiting the most talented employees. Now, culture isn't just about having a coffee machine or providing the occasional pizza - but if you invest time and money into making your workplace a fun engaging place to be, it will improve productivity and reduce turnover. This ultimately saves you thousands in lost productivity and recruitment fees.
It's something we believe in pretty passionately. We think everyone deserves to work somewhere fun, where they feel cared for. That's why we've developed a platform that provides your people with genuinely good perks at work and beyond. Whether it's discount codes for major retailers, the ability to nab a cup of coffee or music subscription service at zero cost, or access to mental health specialists - Perkbox provides a template for what good looks like in the workplace.
See our employee perks brochure for an overview of how Perkbox helps you retain and engage employees with the benefits they love.
Perks are a type of benefit that companies offer their employees to show their appreciation. They include savings on the weekly food shop, fun office activities, and complimentary hot drinks. Some perks, however, are more suitable for international workforces, for example, discount schemes with global retailers. Either way, to get an idea of the perks your employees want, hold a survey and ask them.
We can’t list every perk you can offer your employees as there are so many. However, to narrow down your options, you may want to focus on perks that enhance wellbeing. These perks could include discounts on gym memberships and resources that support mental health, such as talking therapies. Additionally, to help your employees’ salaries stretch further, consider introducing perks that save them money, for example, discounts on the weekly food shop or family days out.
The best job perks vary between organisations. Don’t forget every employee is an individual with their own preferences and tastes. Consequently, some of your employees will always value some perks over others. We recommend prioritising perks that enhance your teams' mental, physical, and financial wellbeing. Why? Because they have the biggest impact on employee experience.