In their February 3rd 2014 edition, Fortune magazine lists the 100 Best Companies to Work For (to pick the 100 Best Companies to Work For, Fortune partners with the Great Place to Work Institute to conduct the most extensive employee survey in corporate America).
In this 17th annual ranking Fortune lists not only the 100 companies that made the cut (Google ranked #1) but the things they do, “perks,” to create a positive work environment, separating themselves from the competition by valuing their employees first.
Some of the most popular perks included paid sabbaticals, compressed work weeks, job sharing and onsite childcare. If you’re a business owner reading this and think “if I had Google’s money I could afford paid sabbaticals for my employees too,” don’t lose heart. A lot of the companies listed may have bigger budgets than you but you can still take away some good ideas and implement them on a smaller scale. Some of our favorites included:
· Fitness incentives – Intuit of Mountain View Ca gives employees fitness incentives for swimming lessons, gym memberships, basketball league fees, etc. (SIOB [Same Idea on Budget]: Offer to sponsor employees on a city softball league, install a basketball hoop).
· DPR Construction of Redwood City Ca prides themselves on an open office floor plan and business cards with no titles.
· Wegmans Food Markets of Rochester NY offers flexible scheduling and stretch assignments.
· At Kimpton Hotels and Restaurants a job well done is rewarded with “Kimpton Moment” tokens that can be redeemed for paid days off, gift certificates, flat screen T.Vs, etc. (SIOB: award prizes that are within your company’s budget)
· JM Family Enterprises of Deerfield Beach Florida treats their employees to a day trip to the Bahamas on corporate planes and boats (SIOB: plan a day trip to local beach/lake, rent jet skis cater with sodas and sandwiches)
In this same issue of Fortune, multiple Company Spotlights focused on this same idea of valuing employees, the overall theme being that employees are a company’s greatest asset and that people need to know that they are working towards their future and not just a company’s future.
As you look at the way your New York City company is structured ask yourself what you are doing to show your employees they are a valued member of your team and remember you don’t have to spend a lot of money to show people you care.
*Supplying quality free snacks/beverages to your employees is one of the cheapest employee benefits but has one of the highest perceived values. Call Champion Vending today at (800) 558-5450 to discuss a snack/beverage program that will show your employees that you care but that won’t break the bank.