If you’re a small business thinking of adding employee benefits to your workplace, how do you choose the right ones to offer?
At Enjoy Benefits, we offer a range of benefits that you can choose from, which will make a difference to your employees’ lives and your business.
We have decades of experience, and we actively work with thousands of UK businesses, particularly SMEs. All you need is one employee in order to join us.
Our benefits are straightforward to add and are administered through an easy-to-use hub so they’re always accessible.
There’s lots of evidence that employee benefits can save your business money, and also help with staff attraction, retention and engagement. But how do you choose which ones to add?
Here are a few suggestions:
Talk to your team
If you’re a small business owner, we’d suggest that the first port of call is simply to ask your team. If you’ve got just a few employees, this is as easy to do as sitting down together in a single session and talking about what perks and benefits they’re welcome as employees.
If you’d like to do this more systematically, you can provide a list of the benefits you’re thinking of adding, and ask staff to rate them 1 to 10.
It can be useful to speak to staff members individually too, because there may be benefits they feel strongly about (childcare, gym membership, wellbeing) that aren’t as popular with the group. They may feel more confident about asking for these in a one-to-one situation.
Use data
If you regularly use staff surveys to see how your staff are doing, then employee benefits that target areas where scores were lowest can be a good idea.
The holiday exchange benefit can help staff who want more time off, as well as those who are trying to save money and would like to get more in their pay packet.
If people are feeling stressed, the wellbeing programme can help with various areas of life, from mental health and emotional agility to sleep, nutrition and managing finances.
You can also run a survey, especially for this exercise, to check on the wellbeing of your staff. This will help you identify areas that could be helped by certain benefits.
Survey Monkey lets you create free surveys and they even have templates to help get you started.
Be realistic
As the business owner, the benefits you offer need to be ones you can afford and that you think will genuinely improve the lives of your staff.
Some of our benefits won’t cost anything to the business each time they’re implemented – for example, the Cycle to Work scheme or the Mobile Phone Salary Sacrifice Scheme.
And lots of benefits will actually save your business money, through the NI savings you make. You can find out more about that here.
You have the final say
Once you and your team have come up with ideas for the best benefits for your business, remember that the final choice is up to you.
So decisions about affordability and suitability rest in your hands, and you don’t need to go back and make changes if someone’s life circumstances or preferences change.
But you can build in review periods for your benefits and also keep across which benefits are most used and valued, to help you keep them relevant to your business and staff.
We hope this has helped you feel more confident about picking the best benefits for your company. We are always happy to help with advice on benefits to suit your needs and business profile. Get in touch with us today to find out more and get started.
About Us
At Enjoy Benefits, we have great experience in helping companies of all sizes introduce benefits that are suitable for their workplace.
Benefits are easy to set up and ongoing administration is then run through a hub, allowing employees to manage their own benefits while the employer can see which benefits are proving popular and what level of take-up each has had.
If you would like an obligation-free chat to discuss which benefits might work for your business and your employees, please contact us by calling 0800 088 7315 or using our Contact Form.
Ready to start working with us?