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Employees no longer crave for just monetary incentives

Source | LinkedIn : By Vartika Kashyap

‘Time will take your money, but money won’t buy you more time’ – James Taylor

It’s our choices that make our life. Whether it is taking up a study course when we enter the school or a career option we choose. Our choices are a reflection of what we want in life.

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And, people have come to realize that true value of our life resides not just in choosing money over everything. This is the reason when searching for an employer they look for more than just monetary benefits. And, reciprocating their needs businesses have also brought a change in their perception. If we take a look at the list of most desirable workplaces, they offer lot more than just good salaries.

If you are a leader, who wants the team to create a winning team, then you too need to offer beyond handsome salary packages.

But, how? What can you to make your business so lucrative that no one wants to leave? Or, what are the perks, besides money, looking at which someone would want to join you?

In this post, I’m going to share some of those perks that you can offer. So, let us take a look at them –

Flexible working hours

“Don’t count the number of hours spent at work, count the amount of work done.”

If you want to get the best from your team remember this thumb rule.

Trust me – this will change their attitude towards work. You won’t have to ask them to get things done. They will be the ones pushing their productivity through the roof. Why? Because this will give them the freedom to work the way they want to. Maximum creativity comes when people are not bound to a 9-5 work schedule.

Trust me when I say this. Because giants like Netflix and Weebly have managed to increase their employee turnovers by up to 10% using this simple trick.

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