Seven Tips for Employee Appreciation and Retention

The most expensive thing you can do is to lose valuable employees. In a competitive workforce with an upcoming generation that cares about immediate lifestyle benefits and incentives as much as a competitive pay rate, employers should be looking for new ideas to show hard-working employees they are appreciated. So how do you offer incentives that attract and retain employees without breaking the bank?

1. Offer VIP parking for a week – Let them park up close and avoid the long walk from the parking lot or garage.

2. Bring a pet to work day – Employees will love the chance to show off their ‘best friend’ at work.

3. Lazy Mondays – As a reward for a job well-done, allow an employee to sleep in and start work an hour or two later than usual.

4. Work-from-home day – Most employees will appreciate the chance to work from home and avoid the commute for a day.

5. Double their lunch break – Once a work-related goal is accomplished, let an employee relax and take two hours instead of one for lunch.

6. Find an excuse for a holiday – Celebrate the first day of summer or Valentine’s Day by closing the office for a bonus holiday off.

7. Quarterly bonuses – With this competitive market, we are finding employers are looking at a more-frequent quarterly bonus instead of a yearly bonus. This will be helpful in retaining employees throughout the year and keeping your competitors at bay.

Hot Jobs, Inc. recruiters work closely with both clientele and candidates to create a successful placement by identifying, screening, as well as helping with retention according to the clientele’s personnel needs. We service the Roaring Fork Valley and surrounding areas including Glenwood Springs, Basalt, Aspen, New Castle, and Rifle, with our corporate headquarters located in Carbondale, Colorado.