The salary is probably the first thing you look at when applying for a new job. However, employee benefits are also essential and can drastically impact your work/life balance. Employee benefits can be divided into two categories: core and perks. Sometimes employers throw in a few extra incentives to attract high-quality candidates. Core employee benefits are a legal requirement and cover the usual 28 days of holiday, sick pay, and much more.
Every employee is entitled to the standard core benefits, and more senior staff may have a few more perks. Before accepting a job offer, you should confirm the benefits available and whether there is any room for negotiation. Always do your research and assess whether you are in an excellent position to ask for more perks in your new role. Of course, it all depends on your seniority level and position in the company.
So, What Are Your Core Benefits?
Your employer is legally required to give your core benefits. They include income protection, national minimum wage, statutory minimum level of paid holiday, time off for emergencies, sick pay, and much more.
You are entitled to one whole day off a week, and you must receive at least 11 hours of rest between each working day. Your employer should provide you with adequate clothing, like gloves and protective equipment, for your work.
Perks Attract Potential Employees
Employee perks are not a legal requirement – they are an additional benefit of securing the job. Your employer can decide these perks and advertise them to high-quality candidates. There may be room for negotiation on these perks during the contract process.
Typically, employers offer perks that encourage employee wellbeing, improve company culture and promote a work/life balance. Some job seekers consider employee perks are more beneficial and important than their salary.
Perks can help employees save money and increase their disposable income with free lunches, breakfast, or discounted meals. Employers could also offer subsidized gym memberships, free or discounted travel, childcare vouchers, flexible working, and wellness programs.
Perks can help employees feel valued in the workplace and take care of their mental and physical health. If your team has been under significant amounts of stress recently, it might be a good time to introduce a few employee perks. A team wellness weekend can do wonders for team building and mindfulness.
Employee benefits can boost morale, improve company culture and help to promote a productive workplace. Your employees are less likely to be stressed, sick and unhappy in their roles with a few perks added to their contract. Consider asking your team which bonuses would make a difference in their daily lives and how you can go about introducing them.
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