The fringe benefits a company offers is a big factor in whether or not a new employee chooses to work at your company or whether current employees will remain there. In 2018, 40 percent of employees reported that they would leave their current job for another offering more benefits, with 60 percent agreeing they would even accept a pay cut in exchange for more benefits. Make sure your company is providing the benefits that your employees are looking for by reading through this list of our favorite fringe benefits that are gaining traction in 2019.
What would be nice to see is more companies offering similar, although obviously less lengthy, time off when someone gets a new pet. Offering PETernity (or PAWternity) leave of one week would be a great benefit for someone has just gotten a new furry friend and wants some time to acclimate them to their new home. Even something as simple as offering the opportunity to bring their new dog or cat to the office with them could be a great benefit to your employees.
If your company is in a situation where time is more valuable than money, you could instead introduce a benefit where each employee is allotted $500-1000 a year to donate to a charity of their choosing. After all, employees who are interested in helping other people are the type of people you should want to have working for you.
Find out the best ways to communicate and educate your employees on taking advantage of your benefits programs: