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Employee rewards: Retention ideas that won’t bust your budget

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in Centerpiece,Compensation and Benefits,Human Resources

employee of the month awardWhen you think rewards that retain employees, you might see dollar signs. Lots of them. But keeping morale high and employees engaged doesn't have to cost a fortune.

One option is to retain existing benefits (as best you can).  Another option is to add low-cost perks.  Of course, adding anything of value during an economic downturn may seem counterintuitive. But perks are often interpreted by employees as a sign of care and concern on the employer's part, and therefore have a much greater value than just their dollar amount. 

There are plenty of low-cost or even no-cost perks you can offer to help keep employees engaged and committed not only during a tough economy but, more importantly, into the future.

Benefits employees will appreciate

Everyone appreciates having more time and spending less money.  So check out these perks designed to either give employees more control over their free time or help them stretch the...(register to read more)

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