Businesses often struggle to attract and retain talented workers, particularly as they compete against larger companies that can often afford to give their workers competitive salaries and comprehensive traditional benefits. But offering unique or non-traditional employee benefits – flexible scheduling, financial wellness solutions, student loan assistance, or an unlimited paid time off policy, for instance – can often be just as competitive.
These types of non-traditional benefits can have a significant impact on employee satisfaction, as well as your company’s ability to recruit and retain workers. A recent Paychex Pulse of HR survey found that companies with 50 to 500 employees most commonly offer non-traditional benefits such as:
- Flexible scheduling (46 percent)
- Free meals on a regular basis (26 percent)