The Top Five Least Expensive Employee Benefits

While you may not be able to offer your employees extravagant benefits like an onsite gym or a cafeteria with gourmet food, there are many simple things you can do to show your employees you appreciate them.

1.  Say Thank You

A simple word of appreciation is not only free, it is also one of the best ways you can recognize an employee. You can say “thank you” for a job well done through a personal card or email, a few spoken words or a formal recognition program.

2.  Provide Free Food & Munchies

People appreciate few things more than free food. Providing free snacks or drinks throughout the day can be a great way to keep employees happy. If you don’t want to offer free snacks every day, you could choose to have a donut day once a week or a pizza party once a month.

3.  Start an Employee Wellness Program

Keep employees healthy through a wellness program. Some wellness program ideas are gym membership reimbursements, smoking cessation incentives or free flu shots. Not only do employee wellness programs keep morale high, they can also help cut down on costly sick days.

4.  Small Gifts & Rewards

While you may not be able to afford to hand out big bonuses every month, you can probably set aside a few dollars for rewards like movie tickets or gift cards.

5.  Paid Time Off

An easy way to show love to your employees is to give them time off for a job well done. You could even throw in an extra day off for their birthday or their company anniversary. Depending on your business needs, flex scheduling that allows employees the freedom to create their own schedule can be a valuable benefit.

Do you have any additional ideas for inexpensive employee benefits? Please leave them in the comments below — and thanks for sharing!

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