The lifeblood of any business isn’t profit — it’s your employees. And as their boss, your duty isn’t only to lead but to also show you care for them. Begin with these ideas:
Holidays
Taking a break is important for everyone, including your employees. People who don’t take advantage of that turn out to be less productive at work, and decreased productivity means lesser output and lower revenues. Not only that, if poor productivity is prolonged, then your employee becomes a company liability.
It’s not enough you grant them paid vacation leaves. You need to support and encourage them to take it, starting with minimizing their workload once holiday schedules are near and discussing with them their desired vacation time.
Wellness Program
As they say, an apple a day keeps the doctor away, and one more day without medical appointments means better productivity and lower health care costs for both employees and employers.
The Centers for Disease Control and Prevention (CDC) recommends adopting wellness programs or policies in the workplace to significantly reduce the rate of obesity, which is now at 24.6%. These include health education, access to a gym, paid annual medical screenings, and healthy food options.
Health insurance can be an issue among small businesses due to cost, but there are practical options like co-pay schemes or group insurance.
Little Presents
Have you said thank you to your employees? You don’t need to spend a lot of money to recognize all their hard work and effort in helping you build the business of your dreams. As simple as gourmet corporate gifts like a pack of delicious Marcelita’s Cookies or a gift basket are, they can already do wonders in boosting confidence in your employees. You’ll surely inspire them to work harder and be better.
Retirement
Offering retirement options is an awesome way of saying you’re there for your employees even when they’re no longer working for you. On a business perspective, it lets you enjoy tax advantages, higher employee productivity and efficiency, and reduced turnover rate.
Business isn’t only about high revenues and quick popularity. More than anything, it’s about creating a legacy for you and your future generation. You can achieve that by having the best team beside and behind you, so work hard to keep them around for the long haul.