Home topics workplace hr-and-staff Advice Hot Tips HR Advice Best employee benefits to retain your workforce Jayde Ferguson March 22, 2019 Employee benefits, when implemented properly, are among the most effective ways to motivate staff and bring out the best in your people. Staff will eventually leave if they’re not valued or treated fairly. Companies that want to invest in their workers can use perks, such as flexible working arrangements and salary packaging, to show recognition and appreciation and ultimately retain staff. Businesses that aren’t taking advantage of such perks are missing out. When staff are happy, their work ethics heighten, productivity increases and they contribute to building a better, thriving culture. To drive the behaviour you want to see in your staff, here are the best employee benefits to help reward and retain your workforce. Paid time off Paid time off, such as loyalty, anniversary or birthday leave, is a top incentive to motivate staff. Paid time off or unlimited leave can be beneficial for both parties if it’s not abused. More leave increases productivity and promotes a healthier work-life balance. Salary Packaging Salary packaging, also referred to as salary sacrificing, is a smart way to save money and maximise tax benefits. It works by changing the income structure of your employee to pay for approved benefits from pre-tax dollars. Some of these include rent/mortgage payments, superannuation, everyday expenses or holiday and travel. Staff will get more and it’s a tax-friendly way to boost their salary. Tip: As the