Do Employee Perks really matter anymore?

According to recent studies, the average human attention span has fallen from 12 seconds in 2000, or around the time the mobile revolution began, to eight seconds. Compare that to goldfish who are believed to have an attention span of 9 seconds, and it begins to feel like the electronic age could have damaged our brain power.

The study, by Microsoft in Canada, found that those who had grown up in the digital world struggled to concentrate. It did however, find that our ability to multitask had increase – not surprising given that at any one point we can be snap chatting a friend, watching a movie and catching up on the latest Kardashian drama.

With the world becoming a smaller place, and the opportunity to travel, work abroad, the gig economy and the needs of the latest generation to hit the workplace, businesses need to focus on how they will not only attract great staff, but keep them. And keeping them happy, occupied, challenged and fulfilled.

Other than being a way to reward managers in your organisation, company perks can be used as a tool to attract talented staff, retain them within the organisation, and make your company a great place to work.

It is rare to find a company these days that doesn’t have the basic benefits for senior roles, health care, company car etc. Slowly these ‘perks’ become the norm and are expected across all levels of an organisation. However, taking the pain away from employees, to enable them to carry out their roles to the best of their abilities without distraction, is a key outcome of any employee support schemes.

For some organisations being able to attract and retain the best staff in their industry is key to their success. In order to ensure that their staff are able to be fully productive and efficient during their working hours organisations are recognising the need to develop cultures that support their employees lives as well as their performance at work. But other than the usual corporate gym memberships and dress down Fridays what can you do to stand out from the crowd and attract great staff?

Stay tuned for the next in this series …. What will work for your organisation?

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