Benefits Beyond the Basics Create a Happier Workplace
During his tenure as mayor of New York City from 1978-1989, Ed Koch was commonly heard asking his constituents, “How am I doing?” Koch was ahead of the curve in understanding that honest feedback from the residents of New York was a critical part of knowing how to best serve the city. When applying that philosophy to the workplace, the same holds true. Asking for feedback from employees increases motivation, empowerment, and contentment in the workplace. Although they are intangible qualities, they are inherently beneficial to growing a successful business. Employees crave appreciation, work-life balance, honesty, and transparency, which may require intentionally creating a healthier culture at the workplace. For instance, a benefit trends study by MetLife reveals that 69% of employees say that having a more comprehensive array of benefits would increase loyalty to their employer. Another statistic notes that 59% state that their employers provide benefits and programs