7 Cheap Perks that Attract New Hires

By investing in the quality of your business’s employees, you can ensure future success. Many business owners don’t realize that by not offering perks, they won’t attract top talent to their business. In fact, 57 percent of candidates say that they consider perks prior to accepting a job offer. Due to this, you should consider implementing employee incentives that will make quality candidates want to work for your business.

In this post, we’ll detail seven employee perks that your business can provide to attract new hires, even if you’re on a budget!

1. Catered lunches – People love free food! One affordable benefit that you can offer your employees is catered lunches. Even if you only provide this on a monthly basis, employees will appreciate it. Plus, in addition to getting a free meal, employees will likely enjoy having an opportunity to bond with their co-workers.

Work from home policy – There are situations in which working from home can be necessary. Perhaps an employee is sick, has to take care of their child, or there is inclement weather. Instead of inconveniencing employees or risking their safety, allow them to work from home. This will probably not cost you any additional money, and your staff will be grateful to have this option when it is needed.

3. Discounted child care services – More and more businesses are considering the needs of their employees’ families. If you have employees with children, you might consider providing discounted child care services. Working parents will appreciate this; and it could help them be better employees if they don’t have to worry about child care.

4. Gym stipend – Keeping your employees active and healthy is good for business. When employees are healthy, they take less sick days, and are ultimately more productive during work hours. Considering this, you could offer a gym stipend. Usually, this is a cheap incentive that numerous employees will want to take advantage of.

5. Flexible hours – If employees complete their work and are responsible, you could allow them to choose their hours. Of course, this will depend on the type of business you run, and on your employees’ work ethics. Still, this flexibility can be a huge asset to your employees. If they have a doctor’s appointment, need to pick up their kids, or have other personal tasks to complete, they can take care of these responsibilities without having it negatively affect their work.

6. Commuter benefits – When candidates are considering their options, the length of their commute is likely something that will affect their decision. Luckily, you can provide them with commuter benefits! This is an affordable perk that can make your employees’ day-to-day lives better.

7. Casual dress code – A perk that many business owners overlook is having a relaxed dress code. Not only does this not cost you any additional money, but it is something that holds weight with many employees. They’ll be able to save money if they don’t have to purchase formal business attire, and will appreciate having the freedom to choose their outfits. Of course, this could vary depending on your business’s industry, but if your business allows, consider offering a casual dress code.

Showing appreciation for your employees is pivotal. To recruit employees that will add value to your small business, you should add perks that will make them want to further their careers at your business. Hopefully, after reading this post, you have plenty of ideas on how to offer amazing employee perks!


Katie Alteri is the content marketing coordinator at Fora Financial, a company that provides small business loans to businesses across the U.S.

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