As an employee, what are those things you look forward to in addition to your salary?
Beyond a complimentary ‘thank you,’ the delivery man, waiter, and a host of workers who offer services, sometimes expect a tip, not just a fixed salary. This is where perks come in.
What are Perks at Work?
Perks at work simply refer to the benefits you receive from your company that is not part of your salary or wages. Perks are given in addition to salaries. Depending on the industry or organisation you work with, the aim of you receiving perks at work I’d to boost your morale, improve your job experience, and increase the satisfaction you derive from your job.
This is why your organisation could decide to offer things like free meal tickets, free gym registration, flexible work hours, free buses to and fro work, or employee discounts. While these are considered to be tangible benefits, companies also offer intangible benefits such as recognition and rewards for employees who have performed excellently; opportunities for career growth and professional development; a company culture that is supportive and positive, and so on.
In Nigeria some companies have taken a step further to help breastfeeding mothers have a work-life balance. Companies like Dangote Industries offer on-site childcare for employees. Pet-friendly offices, unlimited vacation are other ways companies use to offer perks at work.
The result of doing this increases employee retention, productivity, and organisational success.
Perks at Work From Home
Perks at work from home are as valid as perks at work. The difference is that these perks are designed for remote workers or employees who work remotely.
Because employees who work remotely are just as important as employees who work physically, they are entitled to benefits, whether tangible or intangible. Like employees who work from home, remote employees can enjoy perks which include flexible work hours, opportunity to create personalised workspace; they may also get discounted software, equipment, internet services, or reimbursement for home office expenses.
In addition to these, there are other organisations who are willing to offer more than the regular. They offer their remote employees virtual wellness programs, as well as virtual social events for the purpose of promoting community and connection.
Pros of Perks at Work From Home
Of course, perks at work from home hold many advantages and benefits for organisations, which is why it is practiced. The benefits of perks at work from home increases flexibility, autonomy, and work-life balance which in turn produces job satisfaction, high productivity, and employee retention. Employees, on the other hand, experience overall wellbeing and career development.
Cons of Perks at Work From Home
As expected, there are some disadvantages that are likely to arise from giving employees perks while working away from the office. The cons of perks at work from home include potential distractions from responsibilities, disconnecting from colleagues and organisational goals.
Workflows HR provides an all-together automated time and attendance tracking system that ensures signing in and out, syncing into payroll, updating time schedules, tracking project duration, and sending out reminders for an organised and productive workflow in one click.
Contact us today, and let’s help you manage your employees productivity through our automated time and attendance tracking feature.