{"id":11465,"date":"2024-06-24T11:12:04","date_gmt":"2024-06-24T10:12:04","guid":{"rendered":"https:\/\/www.hussle.com\/blog\/?p=11465"},"modified":"2024-06-24T11:14:20","modified_gmt":"2024-06-24T10:14:20","slug":"what-are-the-most-affordable-employee-benefits","status":"publish","type":"post","link":"https:\/\/www.hussle.com\/blog\/what-are-the-most-affordable-employee-benefits\/","title":{"rendered":"What are the most affordable employee benefits?"},"content":{"rendered":"<p>[et_pb_section fb_built=&#8221;1&#8243; _builder_version=&#8221;4.22.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_row _builder_version=&#8221;4.22.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_column type=&#8221;4_4&#8243; _builder_version=&#8221;4.22.1&#8243; _module_preset=&#8221;default&#8221; global_colors_info=&#8221;{}&#8221;][et_pb_text _builder_version=&#8221;4.22.1&#8243; _module_preset=&#8221;default&#8221; hover_enabled=&#8221;0&#8243; global_colors_info=&#8221;{}&#8221; sticky_enabled=&#8221;0&#8243;]Employee benefits undoubtedly benefit the recipient \u2013 the clue is in the name. But select your employee benefits shrewdly and they could benefit your business, too. Let\u2019s look at the most affordable employee benefits and the positive business outcomes for you and your staff.<\/p>\n<h2>Affordable employee benefits with business ROI<\/h2>\n<p>Business owners can track the success of their employee benefits package in two ways: tangible stats, and anecdotal data. The latter is less measurable, but just as important to morale, culture, and employee wellbeing.<\/p>\n<h2>5 low-cost employee benefits for organisations of all sizes<\/h2>\n<p>Affordable employee benefits doesn\u2019t just mean the cost of initial outlay, or cost-per-employee. You also need to consider the time and systems necessary to implement and run the scheme. Here are 5 quick wins that should be affordable and scalable for any size of business.<\/p>\n<h3>EAP (employee assistance programmes)<\/h3>\n<p>Offering a confidential, independent advice and support service can have a measurable impact on mental health, physical wellbeing, healthy habits, work\/life balance, stress, and other lifestyle factors that may otherwise impact employee health.<\/p>\n<h3>Wellbeing champions<\/h3>\n<p>Setting up a peer-led wellbeing services that leads from the front is a low- or no-cost way of creating a positive culture of health and wellbeing in the workplace. Wellbeing advocates should be team members who encourage healthy habits and spearhead initiatives such as walking meetings and other activity.<\/p>\n<h3>Discounted or free gym access<\/h3>\n<p>Gym access is consistently in the top-three most requested employee benefits. The gym is no longer the domain of younger men, in fact women accounted for 57% of gym-goers according to IHRSA 2022.* <\/p>\n<p>The most affordable way to offer your employees discounted gym membership is through a flexible scheme like Hussle\u2019s gym pass. Giving employees Hussle as part of their benefits opens up access to 1000s of gyms, leisure centres, spas, pools, and fitness facilities around the country, making this the most affordable way to extend truly flexible fitness to a hybrid, work from home, or multi-site workforce.<\/p>\n<h3>Volunteering<\/h3>\n<p>Research tells us that volunteering has significant benefits on mental, physical, and social wellbeing. Giving your employees a volunteering day (individually or as teams) is a win-win way of boosting wellness, community spirit, creativity, and reputation.** <\/p>\n<h3>Wellness education<\/h3>\n<p>The topic of wellbeing spans so many factors that directly affect employee physical and mental health in and out of the workplace. As well as offering healthy choices at work, why not add free workshops or education sessions to your employee benefits scheme? <\/p>\n<p>Partner with local experts or charities to run short, regular, in-house sessions on relevant topics like healthy eating around shift work, reducing back pain for desk workers, or managing stress in a retail environment.<\/p>\n<h2>Tracking business outcomes of employee benefits<\/h2>\n<p>Investing in employee benefits is investing in your people, and you don\u2019t need us to tell you that this becomes an investment in your organisation\u2019s future. In a modern (often hybrid) working environment, there are key benefits you can\u2019t overlook. Affordable wellbeing employee benefits (like discounted gym membership) contribute to:<\/p>\n<ul>\n<li>Productivity \u2013 regular activity typically results in more energy, better sleep, and an upward spiral of positive health decisions that lead to more productive people.<\/li>\n<li>Retention &#8211; competitive benefits reduce turnover, and healthier employees are less likely to leave careers early due to long-term health or musculoskeletal issues.<\/li>\n<li>Recruitment \u2013 the majority of job seekers and top talent want health and fitness benefits as part of their package, and a good low-cost fitness option can give your company a competitive edge.<\/li>\n<\/ul>\n<h2>Cost savings of employee benefits for employees<\/h2>\n<p>Employee benefits don\u2019t have to be costly or complicated to make a big difference. Affordable workplace benefits can significantly reduce the financial burden on employees, which is a big win as cost of living continues to challenge many.<\/p>\n<ul>\n<li>Healthcare savings \u2013 low-cost wellness benefits can impact the bigger picture of healthcare costs by acting as a preventative tool. Educating employees about nutrition, exercise, stress, and sleep, providing opportunities for movement throughout the day, and offering gym access can reduce the risk of long-term health issues.<\/li>\n<li>Free or discounted gym membership \u2013 gym membership can be really expensive, and many employees simply won\u2019t prioritise this spend for themselves. By offering gym membership as a benefit, you make it so much easier for all staff members to engage in regular exercise that they enjoy.<\/li>\n<li>Travel cost savings \u2013 bike schemes and similar commuter benefits can make a big difference to employees who would otherwise pay for fuel and car costs.<\/li>\n<\/ul>\n<h2>Making affordable employee benefits inclusive<\/h2>\n<p>The ideal benefits package is accessible, flexible, and inclusive. Here\u2019s how to design an employee wellbeing benefit that works for everyone.<\/p>\n<p>Make sure that your benefits are:<\/p>\n<ul>\n<li>Cost effective \u2013 discounted gym membership, in-house movement or relaxation sessions, easy wellness challenges<\/li>\n<li>Inclusive \u2013 flexible and varied enough to be accessible to all employees, regardless of their fitness and physical ability levels<\/li>\n<li>Flexible \u2013 access to a wide range of gyms, fitness facilities, and leisure centres so individuals can choose where they work out.<\/li>\n<\/ul>\n<p>Affordable employee benefits are a win\/win for businesses and their staff, helping support healthier, happier people. Take a look at Hussle\u2019s discounted gym pass to see how our network of 1000s of gyms can help you offer fitness as a low-cost benefit.<\/p>\n<p>*https:\/\/www.healthandfitness.org\/publications\/the-2022-ihrsa-global-report\/<br \/>\n**https:\/\/www.ncbi.nlm.nih.gov\/pmc\/articles\/PMC10159229\/[\/et_pb_text][\/et_pb_column][\/et_pb_row][\/et_pb_section]<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Employee benefits undoubtedly benefit the recipient \u2013 the clue is in the name. But select your employee benefits shrewdly and they could benefit your business, too. Let\u2019s look at the most affordable employee benefits and the positive business outcomes for you and your staff. Affordable employee benefits with business ROI Business owners can track the [&hellip;]<\/p>\n","protected":false},"author":26,"featured_media":8684,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"on","_et_pb_old_content":"","_et_gb_content_width":"","content-type":"","footnotes":""},"categories":[224,3],"tags":[],"acf":[],"infloai":null,"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>What are the most affordable employee benefits? | The Hussle Blog<\/title>\n<meta name=\"description\" content=\"What are the most affordable employee benefits? - Find Out More And Visit Hussle Today For Gym Passes &amp; Memberships Near You.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hussle.com\/blog\/what-are-the-most-affordable-employee-benefits\/\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"What are the most affordable employee benefits? 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