by Sellick Partnership | 4 February 2019
Great perks can be a fantastic way to catch the attention of potential candidates, and they can also prove invaluable in getting your dream employee to sign on the dotted line. However, if your recruitment strategy is not receiving the attention you feel it deserves, then it may be time to review the employee benefits package you are currently offering and see if there is space to introduce new incentives.
To help you gather inspiration, we have picked out some of the top companies that go above and beyond in providing benefits and reward schemes that will turn the head of any job seeker.
Holidays, with a difference
Other than financial incentives, holidays are perhaps one of the most popular considerations of any benefits package, and organisations would be wise to put some thought into their offering. If you are stuck for ideas of what to offer your employees, take a look at the following:
- Finance company TransferWise takes its staff members away for an all-expenses paid holiday every year.
- Housing association Bromford allows employees to buy or sell up to a week of holiday time.
- As well as offering up to 29 days holiday per year, accountancy firm Mazars gives all employees an extra day off every year, known as the ‘Mazars Day’.
Everyone loves a discount, particularly if the saving is significant and is for a product or service that is relevant to your interests. The Co-operative Group offers a range of employee discounts, from money off on its own services (ranging from legal services and insurance to food) to offers from brands such as B&Q, Sky and Costa.
Residential housing developer Taylor Wimpey also offers its employees a discount, with the company givinging them the opportunity to purchase a Taylor Wimpey home at a reduced price.
Corporate Social Responsibility (CSR)
Not just a box-ticking exercise, many companies practice what they preach with their CSR initiatives, to the delight of their employees. To facilitate its CSR goals, The Growth Company provides up to two days’ paid leave per year to volunteer through its Volunteer2Day scheme.
Engineering consultancy firm Cundall helps with charitable giving through its Give As You Earn scheme, where employees can pledge a regular, tax-free amount to any charitable or voluntary organisation in the UK directly from their salary.
Extending perks out to the partner and children of employees is a great way to make your staff feel appreciated, and help employees have a family of their own. Royal London goes the extra mile to help new and growing families by offering 26 weeks of maternity leave at full pay and 13 weeks of half pay. It also offers four weeks of paternity leave; double the statutory requirement.
Not only does the Odeon provide an unlimited film pass for its employees, but it also lets employees bring along friends and family to share the experience, with free guest passes.
The commute to work can be a major consideration for many employees when weighing up a job offer, and some companies do well to recognise this. For example, Well Pharmacy offers a travel loan to its employees to help them spread the cost of their journey when using public transport.
For those planning trips further afield, JMW Solicitors provides annual travel insurance for employees and their children.
Private healthcare is always a big draw for employees, and many expect this as standard, particularly from larger companies. However, international law firm Allen & Overy takes it one step further by providing a dentist and a GP onsite for use by its employees, helping them to get an appointment both quickly and conveniently.
...And not so healthy
Insurance company Hiscox takes the merriment of its employees very seriously, so much so that it rewards its employees with a Christmas hamper containing edible goodies and bottles of wine to enjoy with their family and friends.
Last, but by no means least, financial rewards such as commission on sales and annual bonuses should always be a consideration, particularly if you are looking to recruit the very best talent in competitive sectors. For example, professional services firm EY offers employees a referral bonus of up to £10,000. It also provides educational guidance and tools to help staff manage their finances.
Get in touch
Sellick Partnership has more than 15 years’ experience in helping businesses to find talented candidates to join their team. If you would like to discuss further how to attract the very best candidates for your company, get in touch today by calling 0161 834 1642 or email us at firstname.lastname@example.org.