Coronavirus (COVID-19) | We're here to help you. Here's what we're doing to protect the health and wellbeing of those that we work with. Also, please take a moment to support the WHO by donating to their COVID-19 Solidarity Response Fund.
over 4 years ago by Next Generation
How Major Companies Motivate Their Employees
How major companies motivate their employees varies enormously, from traditional to some really quirky and alternative perks!
HOW MAJOR COMPANIES MOTIVATE THEIR EMPLOYEES
What do you think makes a great place to work? 57% of candidates say a company’s reputation as a great place to work is the most important consideration for a new job. We take a look at some of the biggest global companies to see what perks are on offer to attract and keep their employees happy.
With companies like Facebook and Google becoming famous for offering quirky employee perks, many other major employers have followed suit. Some major employers now offer perks from yoga, free meals and paid day care to quirk offices to engage and excite their employees such as Mind Candy with their bright slide connecting the two floors and a climbable tree house!
Tech giants are leading the way with their alternative initiatives. In Glassdoor’s 2014 Employee Choice Awards, 7 out of 10 of the highest rated companies were tech businesses.
With the market expanding, the candidates is king and so attracting top talent is leading bigger players to getting involved in this perks and attraction game. These perks attract a certain type of individual to the business and help companies to retain their top talent.
More traditional, non- digital businesses are even getting in on the act to make their companies more attractive to the potential workforce and differentiate themselves from their competitors. For example Costco came in 2nd in Glassdoors‘s 2014 Top 20 Companies for compensation and benefits. So while everyday perks are great, serious employees continue to look beyond the gimmicks, for the employers struggling to find or keep their dream workforce, the fundamentals of good management, career prospects and financial rewards remain vital.
What do you think makes a great place to work? What motivates you?