Max Goldenberg - PerkSpot

Flexible Benefits – What to Know

Max Goldenberg July 14, 2022

Watch out, traditional options plans, because flexible benefits are making big strides. While traditional benefit models provide specific, flat advantage is extended to the employee by their organization, ‘flexible’ or ‘personalized’ benefits challenge this entire hierarchical structure. These flexible benefits employees with stipends, allowing them to actively pick and choose the benefits they want to engage with.

Building Custom Benefits for Your Workplace

But before we get to asking if flexible benefits might be right for your workplace, we should first figure out just what exactly these ‘personalized’ benefits look like. The most common type of flexible benefit is a benefits spending account. Instead of a direct benefit, employees receive specific stipends in their spending accounts that can be spent across a range of lifestyle benefits. A great example of this is a Lifestyle Spending Account. As opposed to hosting regular mandatory training sessions, employees with an LSA might receive a stipend to attend trainings and seminars that they find interesting or useful from a broader list. Employees might even receive stipends to build their own home office, fitness supplies, or maybe even just groceries!

What makes flexible benefits so special – and so often highly well-received by employees – is right in the name; the tremendous level of flexibility they offer. Increasingly diverse workforces have similarly diverse needs, so a ‘flat’ benefit that might be a great boon for one employee – for instance, paternity leave for a new parent – isn’t going to help an employee with no plans of having a kid. By offering flexibility and personalization in benefits through stipends, your new parent might be able to spend his benefits on childcare supplies, while the child-free employee instead books a vacation!

Flexibility and Discount Programs

Although stipends are the most common, discount programs also fall into the category of highly customizable flexible benefits. Much like how a lifestyle stipend gives employees complete flexibility to purchase new gym equipment, bird-watching binoculars, or anything in between, having access to thousands of discounts means that employees have the freedom to pick out just the savings that matter to them – no matter their hobbies, situation, or identity.

Diversity and flexibility go hand in hand; diverse workplace situations require flexible mindsets, whether it’s in accounting for the needs of both in-person and remote employees or offering benefits attractive to individuals at entirely different life stages. By their very nature, no matter how unique your industry or employees, flexible benefits can fit right in.

That’s why you might want to consider PerkSpot for your company’s benefits suite. Not only does PerkSpot offer the adaptability of flexible benefits so that every employee can find something they’ll love – it’s also a no-cost solution, being completely free to add to your organization. Whether you’re looking for a cost-effective way to beef up your benefits or just a perk that everyone can enjoy, let’s talk about how PerkSpot’s discount program could be just the thing you need.

Five Tips for Onboarding Remote Employees

Max Goldenberg June 28, 2022

Remote work has rapidly transitioned over the last few years from a rare form of employment to the global norm for countless industries, and that’s caused big changes in onboarding. Remote employees are often looking for a completely different set of resources than their in-person counterparts; and since successful onboarding is a major factor in employee retention, it’s important to set up stable systems for onboarding remotely on a permanent basis.

The additional flexibility of remote work is great, but it also creates a need for managers to provide structure. Remote employees need strong online resources and clearly defined goals to make the best use of their digital schedules. Start off on the right foot when bringing in remote employees and retain your top digital talent with these tips!

1) Get Incoming Employees Looped In Right Away.

A remote employee’s toolkit, from company messaging apps to website logins, will functionally be the digital equivalent of their office. It’s important to make sure they have access to these tools and time to get comfortable with them right away. Ideally, you should aim to get everything set up with IT during their first-day orientation.

2) Give a Warm Welcome.

A simple welcome package can go a long way! Treating new employees to a virtual lunch with some time to socialize can help cultivate a sense of belonging. Orientation can often be daunting for employees not physically there, so a quality orientation is sure to leave a big impression.

3) Build Strong Online Resources.

Sourcing your relevant resources alone isn’t enough; you also have to make sure they’re easily accessible! An employee handbook and guide to company values are important for all employees. For more creative-oriented positions, you’ll want to consider having a formal brand guide and style guidelines as well. Most important is building best practice guidelines for the specific position that you’re onboarding; that way, new hires have easy access to clearly stated expectations and responsibilities for both the wider company and their specific position right from day one!

4) Provide Clearly Defined Goals and Regular Check-ins.

Flexible schedules can make it more easy to get distracted, so immediately provide remote employees with a sense of structure by setting up clear 30/60/90 day expectations. Regular one-on-one check-ins with HR and management can set remote employees up for success; ensuring they’re always on the right track!

5) Integrate Remote Workers into your Culture.

Many new remote workers can feel isolated from the wider company. Plan remote-focused events at least monthly, and make sure that new employees feel comfortable at them. If they aren’t, work with your remote employees to draft some events that sound fun to them. Bridging the gap between in-person and remote employees ensures a successful hybrid team.

Nearly half of all employees report feeling as though they’d messed something up on orientation day, whether it’s in meeting new co-workers or finding the right resources. The key is to be understanding, empathetic, and patient with your new employees, giving them the resources and direction they need to become remote rockstars!

PerkSpot’s 2022 Midyear Digest

Max Goldenberg June 16, 2022

January Through June Client Success Roundup

It’s hard to believe that 2022 is already halfway over. But even so, the blazing summer skies here in Chicago are perfect for PerkSpot’s sunny entrance into the year! The first half of this year has had more amazing partnerships than ever before for this midyear PerkSpot Digest. In total, twenty-five new clients partnered with PerkSpot across Q1 and Q2 2022, offering best-in-class discounts to their employees. Following over a dozen industries, our new clients range from mid-size enterprises to universally known top brands. Regardless of size or industry, we’re proud to provide our easy-to-use, white-glove service for all our new clients!

In 2022, we added new major clients in the fields of manufacturing, retail, healthcare, food and beverage, transportation, and more. We’re especially proud to highlight a few examples of the diverse clients PerkSpot’s personalized discount programs can add value to. So take a look at some of our newest success stories in the making:

Wow Bao – Offering Asian street food in over five hundred locations across the country, Wow Bao is an American food industry staple with their distinctive steamed buns.

Forever 21 – Based out of Los Angeles, Forever 21 is a top American retailer offering fast fashion options for American shoppers across the country.

3M – A multinational innovation powerhouse, 3M sports over 100,000 manufacturing patents including adhesives, PPE, medical equipment, office supplies, and more.

MoneyLion– An innovative new way to bank, MoneyLion offers thousands of customers easy options to borrow, save, invest and earn in one all-inclusive financial app.

Sanford Health – Sanford Health is the largest health system in the Rural United States, a nonprofit headquartered in Sioux Falls. Sanford operates a global healthcare presence with an emphasis on pediatrics, cancer, heart, sports medicine, and women’s health.

Michaels Stores – Michaels is one of North America’s largest providers of arts, crafts, framing, floral and wall décor, with over one thousand arts and crafts stores across the United States and Canada.

We’re excited to serve our newest clients; always with the same attention to detail and enthusiastic, human-centric approach that PerkSpot has become known for! And especially if your organization could benefit from exclusive, custom discounts, we’d love to have you schedule a demo today to start the conversation!

Providing Benefits to a Multigenerational Workforce

Max Goldenberg June 3, 2022

Having a wide diversity of ages in your organization comes with a lot of benefits. As with many other kinds of diversity, a wide range of generational representation is a driver of innovation, offering varied perspectives on issues by combining older generation’s specialist knowledge with younger professional’s innate understanding of modern technologies and changes. Benefits aside, a multigenerational workforce multiple generations represented in the workforce is a near unavoidable reality as baby boomers begin to step back from top-level positions.

But multi-generational workforces also come with their own challenges, including:

A wide range of values and beliefs can cause differences in priorities
Significantly disparate communication styles and preferences
Wide gaps in desired perks and benefits

Diverse Generations with Diverse Values

Differing perspectives and values means different needs, and what a young professional is looking for from their benefits package is vastly different from what more senior employees need; knowing the difference and being able to account for the diverse needs of multiple generations of employees is key to crafting an employee-centric benefits experience.

The benefits valued by older generations tend towards traditional cornerstones such as 401k matching and supplemental health insurance. Younger generations, such as Millennials and Gen-Z, tend to value wellness initiatives and benefits that give them time back in the day. But there’s a surprising degree of overlap between emerging benefits that workers of every age are pining for, such as flexible work options, training and development opportunities, and smaller, personalized perks, from shuttle services to discounts on dry-cleaning.

The generation gap isn’t as steep as it might appear. When you get right down to it, it’s about people. Your employees are distinct individuals with individual needs that simply can’t be standardized.

The Employee-Centric Benefits Experience

Fortunately, you don’t have to standardize at all. Instead, account for differences by focusing on benefits personalization. Employees of all ages agree that flexible work options that allow them to work on their own schedules are critical; and you can take your multigenerational benefits a step further by partnering with PerkSpot. Our breadth of potential savings is uniquely positioned to cater to diverse workforces, with thousands of discounts available across dozens of industries! We offer meaningful benefits targeted at and personalized to the unique needs of every individual employee.

And that’s the core of an employee-centric benefits experience; offering the perks that each individual really cares about, no matter how unique! By focusing on perk personalization, you can provide an employee-centric experience. Personalized offerings will help celebrate the rich diversity of your workforce – generational or otherwise. From flexible work options to regular wellness initiatives, you’ll want to target your benefits around your workforce’s distinct concerns. As you do, PerkSpot can help get started with a benefits experience centered that’s unique to your equally unique employees; Request a Demo to learn more today!

3 Simmering Ways to Make this Summer Special

Max Goldenberg May 19, 2022

With temperatures rising and flowers once more in bloom, we’re all breathing a sigh of relief as we finally head out of winter. But it might be a surprise that Summer is just around the corner! Dust off that company grill and get a head start on summer plans at the office with these three tips from PerkSpot!

1) Normalize Vacations for your Employees this Summer Break!

What would Summer be without Summer Break? Remind your employees that it’s getting close to the best time of the year to kick back and take a break. Encouraging regular vacations is an excellent way of sponsoring a positive culture!

The warm weather is perfect for finally making use of saved-up PTO, so encourage employees to use their time off and managers to lead by example. If you do, you’ll see a healthier and happier workforce – especially with a discount program to help employees save on all their vacation needs! Travel and vacations are one area where PerkSpot can help employees save armloads. With savings on everything from the flight to the hotel to the restaurants, PerkSpot can make vacations stress-free. If you’re interested in hearing more of the benefits PerkSpot can offer to employees, sign up for a demo today!

2) Use the warm weather to encourage wellness initiatives!

Healthy employees are happy and productive employees – it’s no surprise that physically and mentaly healthy employees call in sick less and show improvements in both focus and productivity. So why not introduce some health and wellness programs now that it’s finally feeling good to get outside? Biking is a fun and healthy way to see the local neighborhood and even city in a whole new way. Why not take steps to encourage it as the weather warms up?

Try setting up a bike-to-work challenge, for instance! Offer employees rewards for taking healthy transportation options rather than car or bus. For remote workers, virtual meditation sessions or community exercise (yoga or pilates are perfect) can be a great way to encourage employees to get moving! By starting positive health initiatives during this summer, you can help fuel healthy living year-round in employees. Healthy employees are happy employees, and you’ll see productivity boons as a result!

3) Focus on building a community with regular Summer events!

Ultimately, you want your work environment to feel like a community. Warming temperatures mean the perfect time for challenge courses or outdoor barbeques! While in-person events can be a great bonding experience, always be sure to consider your remote teams as well. Incorporate regular virtual events into the calendar, so those working from home can be part of your company culture! From trivia nights to beach parties, there’s no shortage of community events that can spice up your schedule.

Planning summer socials can help bring your whole organization together, and create a feeling of solidarity between teams; not to mention how much fun you can have with it! Hosting regular social gatherings, including virtual events, makes it much easier to maintain morale, especially amongst extra-motivated employees. Help cultivate a positive company culture while strengthening morale with some new event series this Summer!

This Summer is the perfect time to spice up your workplace with new events, healthy habits, and light-hearted socials. These help HR departments foster satisfied employees at both the enterprise and team level! With new social programs, encouraged vacations and an authentically upbeat attitude this summer, you can reduce turnover and encourage employee loyalty through the simplest means possible – making your organization an amazing place to work.

Dealing with Burnout as an HR Professional

Max Goldenberg April 7, 2022

In today’s competitive candidate market, life as an HR professional has never been quite so exhausting. Being forced to chase after candidates in the age of work from home and tremendous employee freedom has meant a difficult balancing act between providing appealing, top-quality benefits, managing cost efficiency, and negotiating employee concerns – all while dealing with the fallout of a global pandemic. It’s no wonder that burnout is skyrocketing at HR departments all over the country – but there is a better way. And with World Health Day officially starting today on April 7th, there’s never been a better time to help your department get physically and mentally healthy!

42% of Human Resources teams report feeling overburdened with projects and responsibilities. And on one hand, this is something that should be taken up with management; when HR teams are simply too small or too overworked, there needs to be discussion about expanding Human Resources or offloading responsibilities. But a second, equally important aspect of this equation is learning to deal with burnout individually. And for that, we should first understand what “burnout” really means.

When we talk about burnout, we’re talking about the feelings of dread and exhaustion that rise up when we’re forced to do demanding, repetitive work. It’s the sense of doing tasks purely out of obligation, no longer believing they have any real impact. And the first step in re-gaining your passion is to re-gain control over your schedule.

Set Boundaries

The first step of assessing burnout is setting boundaries. It’s important both personally and professionally to be able to step away from work communications; for instance, turning off Slack and email past six-o-clock. Sticking to a routine that clearly separates work from life is fundamental to having a good work-life balance. Even if you’re on-call for emergencies, emergency should never mean every night, and if they are, then that’s a conversation you need to have with management.

Build Strong Communication Habits

Fostering good communication with management and the executive team at your workplace is another important aspect of managing burnout. That’s because burnout isn’t all about stress, but also lacking a sense of agency and value in what you do. When you feel you’re doing “meaningless” work, or don’t have control over your own schedule, burnout is far more intense. Prioritizing valuable work and setting firm boundaries on your own schedule is often a necessary step in managing burnout.

Break your Routines

More than boundaries, you’ll also want to start breaking your routines. While routines can provide a comforting sense of normalcy in our lives, they can also become trapping. If you notice you’re performing the same tasks in the same way over and over again, then it’s time to find something new. Maybe it’s as simple as switching up your morning routine, maybe it’s taking a new route around town, or maybe it’s shifting into a new aspect of your department’s operations.

Discover Personal Stress Management Solutions

Finally, there’s the most traditional (but still very important!) part of dealing with burnout – personal stress management. Exercise and meditation are the two most common methods, but it’s important to find what works for you; whether it’s walking your dog, paddling down canoe trails, or simply taking five dedicated minutes to focus. By understanding your stress and mentally moving on, you can take control back from your emotions.

Properly managing burnout requires breaking negative feedback loops, getting excited about work, and learning to manage stress. While that’ll require a lot of personal initiative, there are some tools that can help manage burnout stress.

One area you can cut down on stressful micromanagement is with PerkSpot’s single stop benefits platform, which offers countless diverse benefits for your diverse employees. With a suite of discounts at their fingertips, PerkSpot provides employees with the resources they need to cope with stress and burnout – whether it’s deals on ergonomic office chairs and gym memberships or complete getaway vacations to exotic destinations at a discount, schedule a demo today to learn more about the ways that PerkSpot can be a powerful burnout-burning resource for your organization this World Health Day.

Using Clear and Open Communication to Build Better Business

Max Goldenberg March 31, 2022

Thought leaders, motivational speakers and executive strategists alike continue to stress the crucial importance of quality communication for business success, regardless of industry. But at first glance, it looks like they’re just advocating for the obvious; after all, who really needs a guide on how to communicate? If there’s anything that comes natural to us, it’s the ability to communicate what we’re thinking and feeling to other humans, right?

Well, yeah. But when we put communications in the context of massive operations spanning dozens or even hundreds of corporate employees, things can get a lot more complicated, very fast.

The most important thing to remember about quality office communication is that more meetings does not equal better communication. In fact, the opposite is true; the more concisely you are able to express your ideas to the rest of the team, the more clear the final message will be. Don’t just set up dozens of meetings with every employee or invite everyone to technical meets where most won’t have anything to contribute; instead, seek to partition employees into areas where their specific strengths and experience can be leveraged, and only bring them into the loop when their insights will provide some momentum to the larger conversation. To avoid falling into the trap of scheduling meeting after meeting to communicate your intents, remember the three E’s of employee communications; Explain your motivations, manage your Expectations, and lead by Example.

The Three E’s

Explaining your motivations seems obvious, but it’s easy to forget in the heat of meetings! Even though a plan might be perfectly clear in your mind, employees can’t figure out what you’re thinking unless you tell them. If you have a specific vision in mind for an element, it’s essential that you clearly explain that vision right off the bat; don’t just tell your employees that you need a flier, explain how you envision it being used and what audience you want it to hit. Remember that just because you see things a certain way doesn’t mean that everyone else will have the same assumptions!

Managing expectations is the second key step of fostering quality communication. Although it’d be nice to be able to perfectly communicate exactly what you need on the first pass, every time, it rarely works out like that in reality. If you’re returned something that doesn’t match up with your expectations, it’s important to not get frustrated. Instead, try to identify what exactly it was that the other party misunderstood; often, small differences in envisioned use can create significantly different final results. By pinpointing the miscommunication, you identify the root cause of the issue rather than trying to provide touch-ups to the minute details.

Finally, you should strive to lead by example. Making visual aids or other active resources can help enormously in presenting a unified vision on a project, or offering employees a skeleton framework for ideation will keep them tethered to the core concepts you outline. By actively involving yourself in the process in these ways, you can reduce miscommunication enormously and course-correct through showing – rather than telling at a barrage of circular meetings.

Building Effective Communication Structures

Clear and precise communication is also part of what makes PerkSpot such a breeze to use. As a one-stop discount platform, PerkSpot communicates on your behalf to your employees, making them aware of and engaged with their benefits. To learn more about how PerkSpot’s discount program can help boost morale and benefit employees, request a demo and find out!

Hopefully with these tips in mind, you can help make your workspace a less confusing and more productive environment. As long as you remember that honest, open communication is key to any successful business, you’re sure to see the results.

The Importance of Employee Appreciation Day

Max Goldenberg March 4, 2022

Employee Appreciation Day is finally here, and we’re excited to share some advice on making the day special for your employees!

Make no mistake – Employee morale is crucial to the success of your business, regardless of industry. That’s why Employee Appreciation Day is so important, serving as a yearly reminder to treat employees with respect for their hard work and build up the people that make your business special. But if you missed it this year, don’t fret! Employee appreciation is a year-long commitment, not a single-day celebration; it’s never too late to show your employees how much they matter to you. But how important is showing appreciation to employees, when you get right down to the numbers?

Incredibly. Employees who feel appreciated within their organization consistently work harder and more efficiently, both reporting and recording higher returns that scale proportionally to their sense of value in the office. According to the American Psychological Association, feelings of value directly translate into higher productivity, regardless of associated industry. A sense of being valued within the business also has a positive impact on employee wellbeing more broadly, with those who feel valued reporting higher levels of work-life balance and employment satisfaction, even with all other relevant factors kept static.

How does Employee Appreciation affect turnover?

There’s good evidence that employee appreciation is the most important, or at least one of the most important factors in employee retention. A study from the Harvard School of Business found equity, recognition of achievement, and a sense of camaraderie as the three key elements of ensuring high employee motivation, all of which are strongly tied to a sense of employees feeling valued and appreciated. These factors directly correlate to rate of retention.

Considering positive workplace culture increases both productivity and employee retention, it’s easy to see how cultivating a feeling of appreciation amongst employees can lead to direct, significant benefits for your business. Most importantly of all, however, is that employee appreciation cultivates a generally positive work environment, which, in turn, creates a positive feedback loop that encourages good work culture. When employees feel comfortable and safe with their co-workers and managers, every measurable aspect of their work (and indeed often their lives outside of work) significantly improves. While an honest and positive environment also serves as a safeguard against negativity and factionalization that can turn workspaces hostile and severely impact employee morale, job satisfaction, productivity, and retention.

Using Employee Appreciation Day to build a Healthy Work Culture

With all this in mind, making employee appreciation day a part of your workplace schedule can be a great way to show your employees that you care. But ultimately, it’s the little things adding up that build a conducive and healthy atmosphere – even down to simple little matters like remembering to say thanks after an employee turns in something they’ve worked hard on. Small trinkets and signs of appreciation can go an incredibly long way. It’s rarely the dollar value that matters, but instead the fact that you’re putting in thought to show you care.

PerkSpot can help make recognizing your employees easy, giving you a wide selection of customized gifts to make your employee’s days a little brighter – but from gift-giving to a simple heartfelt thank-you, there’s any number of ways to show you care about your employees. How you choose to foster a positive work environment is up to you, but both your employees and your bottom line will thank you for doing so!