article thumbnail

10 Basic Employee Needs And How To Meet Them

Vantage Circle

Applying Maslow's Theory of Needs in an organization helps create a roadmap for employee satisfaction. The following are a few of the benefits that result in meeting the needs of your employees: A happy and motivated workforce. Better employee retention and lower absence. Increased productivity.

article thumbnail

15 Types Of Employee Benefits That Won’t Break The Bank

Vantage Circle

Place some working desks so that employees can work simultaneously while watching over their kids. There’s something exciting about food. No matter the position, age or salary, employees simply can’t resist free food. Or you can give away subsidized gym membership offers to your employees. Paid Vacation.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

14 Companies with Great Employee Rewards and Recognition Programs

Empuls

’ (Source: CBS News ) 14 Companies with best rewards and recognition programs “Rewards and recognition programs increase employee engagement , loyalty, and productivity, and can also boost talent attraction and employee retention efforts.”

Bonuses 52
article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

These are discounts that are developed exclusively for corporate employees. Paid Vacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work. An extension of this benefit is providing unlimited vacation. Free Food and Beverages. Stock Options.

article thumbnail

Top 20 Examples of Employee Incentive Programs

Vantage Circle

ESOPs continue to be a popular way of motivating employees because of the many advantages they offer. It can help to manage equity risk and employee retention , increase employee satisfaction and reduce turnover. Fringe benefits are the goodies that companies offer employees besides their salaries. Spot Awards.

article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

It provides the best deals and offers handpicked for corporate employees at prices discounted exclusively for them. Paid Vacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work. An extension of this benefit is providing unlimited vacation.

article thumbnail

17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Netflix Netflix is another company that is known for its generous employee benefits. One of the most notable benefits is its unlimited paid vacation policy, which allows employees to take time off whenever they need it. Costco Costco is known for providing its employees with competitive wages and benefits.