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Growth Strategies

10 Benefits and Perks for Attracting and Keeping the Best Employee

Companies that pay competitively and help employees balance the demands of work and life have no problems hiring good people.
BraunS | Getty Images
Opinions expressed by Entrepreneur contributors are their own.

It does not matter if you are running a startup or a decades-old corporation. The benefits and perks included in your compensation package can sway potential employees toward saying "yes" to the job. Glassdoor’s 2015 Employment Confidence Survey revealed that benefits are a major factor in a future employee choosing your company. Further, 80 percent of employees would prefer add-on benefits over a pay raise. Consider the top five benefits employees check before anything else: healthcare insurance, paid vacation, performance bonus, sick benefits, and 401(k) plans.

After looking at these stats, do you believe it is time to update your company’s offerings? To get you started, here are the world’s best examples of unique, generous, or simply hard-to-resist benefits and perks.

Related: The Basics of Employee Benefits

10 Benefits and Perks for Attracting and Keeping the Best Employee

Free housing for interns.

Kim Kulish | Corbis | Getty Images

Facebook has a holistic approach to benefits and perks. Its employees enjoy services and treats in seven areas: health, family, community, growth, finance, convenience, and time away. There is another group that the company wants to keep happy: its interns. They get a competitive package that includes free housing and health care coverage. At 4.7 out of five stars, Facebook’s overall benefits ratings are the highest you will find on Glassdoor’s list.

Related: Interns at These Companies Make More Than Some Workers

10 Benefits and Perks for Attracting and Keeping the Best Employee

Full tuition reimbursement.

Sam Edwards | Getty Images

Starbucks treats you like a human being, according to a former barista. You can enroll at the Arizona State University and get an online bachelor’s degree -- on the house. The coffeehouse chain guarantees it will reimburse your full tuition.

Related: How Making Employees Lifelong Learners Can Help

10 Benefits and Perks for Attracting and Keeping the Best Employee

A $60 wellness stipend.

BraunS | Getty Images

Apparently, Eventbrite wants its tribe healthy and thriving. It provides its employees with a monthly wellness stipend worth $60, which can cover a VIP membership in some gyms. Plus, it dishes out catered lunches and healthy snacks in the workplace. It is hard not to stay on top of your game if your company is looking after your health, too.

Related: Are Wellness Programs Right for Your Company?

10 Benefits and Perks for Attracting and Keeping the Best Employee

401(k) matching.

DNY59 | Getty Images

The United Services Automobile Association (USAA) matches 100 percent of contributions up to eight percent. Those who left their jobs in the Fortune 500 firm attested to its unmatched terms. Some claimed it was five percent higher than what they got from other employers. While USAA gives generous incentives, it also encourages all of its workers to take charge of their retirement savings plan.

Related: Should You Offer a 401(k) Plan?

10 Benefits and Perks for Attracting and Keeping the Best Employee

A partially-paid sabbatical.

Hero Images | Getty Images

Deloitte allows its employees to take a sabbatical. If you need time away for whatever reason, you are free to go on a one-month sabbatical, without pay. If you want to pursue a personal or professional growth opportunity, Deloitte will let you go for three to six months while paying 40 percent of your salary throughout that timeframe.

Related: How You Can Recharge Your Entrepreneurial Batteries With a Sabbatical

10 Benefits and Perks for Attracting and Keeping the Best Employee

Strong employee assistance program.

shapecharge | Getty Images

Southwest Airlines shows genuine care for its people through an employee assistance program called Clear Skies. It assures them that Clear Skies is available twenty-four-seven and observes 100 percent confidentiality. Included in the program are the following: immediate telephonic counseling and up to five face-to-face counseling sessions, access to convenience services, and access to specified legal assistance services.

Related: 5 Ways to Improve Employee Care During an Uncertain Time

10 Benefits and Perks for Attracting and Keeping the Best Employee

A $2,000 travel stipend.

Chris Tobin | Getty Images
Airbnb offers a $2,000 annual travel stipend. No wonder Glassdoor named it the Best Place to Work in 2016. Employees also get to stay in an Airbnb listing anywhere in the world. If you work for Airbnb, you have the opportunity to visit top attractions internationally without worrying too much about pocket money.

10 Benefits and Perks for Attracting and Keeping the Best Employee

Paid parental leave.

Maskot | Getty Images

IKEA boasts a strong company culture, and part of it is its paid parental leave terms. Employees can enjoy up to four months of this benefit, as long as they have been with the company for at least a year. Parental leave applies whether they are working part-time or full-time, at a retail store or the headquarters.

Related: How to Calculate the Right Parental Leave Policy

 

10 Benefits and Perks for Attracting and Keeping the Best Employee

On-site amenities.

Denislava Hristova-Kritsa | EyeEm | Getty Images

Genentech takes things to the next level with its unique on-site amenities. As a Genentech employee, you can finish errands without having to run from one establishment to the next. You can get a haircut and a car wash at work. You can visit the dentist, relax in a mobile spa, and even take your kids to the child care center.

Related: The Best Ways to Reward Employees

Employees nowadays are looking for a work-life balance. The employeers who determine they want to be a part of the movement to help their employees in their quest for a healthy, fullfilling life, are garnering attention of future employees and the loyality of current ones.

10 Benefits and Perks for Attracting and Keeping the Best Employee

Flexible schedule and remote work.

Hero Images | Getty Images

Swiss Re, a flobal reinsurer empowers its people to own the way they work. It created a program, actually called “Own the Way You Work,” which employees can take advantage of with ease. It allows them to work from home on a regular basis “when it makes good sense.”

Related: Flexible Schedules Help Create a Healthier Workplace