December 18th, 2012
The holiday season is the opportune time for employers to thank their hardworking staff for a long year of goals met and revenues earned. However, offering cash bonuses can get very pricey when multiplied by the number of employees. That’s when the organization should consider holiday incentives that won’t break the bank. Here’s a look at some non-cash holiday perks you can offer to your employees this year.
10 Holiday Incentives that Don’t Involve Cash
- Free Catered Meal – All employees like to eat, therefore you can make the holidays a fun time by offering a catered lunch that includes all the best fixings. As an alternative, pick a specific day each week to bring in baked goods and gourmet coffees for breakfast.
- Entertainment Discounts – Chances are your employees will be entertaining holiday guests this time of year, therefore they will need ideas for a night out on the town. Why not make this easier for employees by offering discounts to local entertainment venues, like movies, plays and museums?
- Corporate Gym – The holidays can be a stressful time and especially for those trying to lose weight or maintain health, therefore you can easily designate a special area in your building for a small in-house gym. Add a treadmill, exercise bikes, and some hand weights and benches for a great way to give the gift of health to your employees.
- Special Parking Spot – The holidays can be a time when some employees feel dragged out. Wouldn’t it be nice to have a parking spot close by to ease this stress? Make a list of employees and each week designate a special parking spot near the front of the building that’s normally reserved for management.
- Wall of Fame – All employees deserve some recognition, and the holiday season can be a great time to raise morale with an employee wall of fame poster. Add photos of your employees doing remarkable things and give them kudos at the weekly staff meetings. You can also create an online version of this.
- Flexible Schedule – During the holiday season, many employees may find it difficult to experience work-life balance. Therefore, one of the best incentives you can offer is more flexibility with work hours. Give employees the option to work remotely at least once a week.
- Floating Holiday – Giving employees the choice of when they would like to take a day off, no questions asked, is a valuable incentive for those who need some down-time once in a while. Announce that you are adding one additional paid day off that must be used by the end of the year.
- Updated Office – A spiffy, improved work environment can be a nice incentive for employees during the holidays. Add some new soft seating and tables, and replace any worn out office equipment with more ergonomic work stations.
- Onsite Massages – This non-cash incentive is easy to arrange and manage, plus it produces happier employees who are less stressed, and more productive.
- Achievement Certificates – Although you should be giving praise to your employees all year long, the holiday season is a great time to start a recognition program with printed certificates of achievement in a holiday theme. Present printed certificates at staff meetings and make sure employees are recognized in front of their peers often.