Stop wasting cash on empty perks!
(Are bottomless snack bars really boosting morale?)
Month after month, companies pour millions into perks.
→ Sleek office designs.
→ Bottomless snack bars.
→ Ping pong tables & game rooms.
→ Lavish team parties.
Yet turnover rates keep climbing.
After dissecting exit interviews, a clear pattern emerged.
→ Employees crave what companies rarely prioritize.
What really drives retention?
→ Pay fairly: Market-rate compensation is a must.
→ Cultivate great leaders: People leave managers.
→ Offer real growth: Top talent seeks advancement.
→ Recognize consistently: Acknowledgment matters.
→ Respect work-life boundaries: Flexibility is key.
→ Grant meaningful autonomy: Trust employee decisions.
Companies funnel 73% of their "culture budget" into perks.
→ These perks drive only 27% of employee satisfaction.
Consider this:
Free Pizza Fridays: $20,000/year
Investment in Leadership Training: $0
Money Wasted: $20,000
Engagement isn’t bought with snacks.
→ It’s earned through respect, purpose, and fairness.
What’s one "perk" your company invests in that misses the mark?
Share below 👇
♻️ Repost if this resonates and could help your network!
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