What Is Your Best Incentive — Besides Money — For Keeping Great Employees? [POLL]

What Is Your Best Incentive -- Besides Money -- For Keeping Great Employees?

Small businesses need great employees, too.

Often though, it’s big businesses that are plucking the best talent away from small businesses. It’s them that typically has the capital to pay a higher salary and the resources to offer better benefits packages.

So, if your small business currently has some great talent on board and their help is invaluable, what are you doing to keep them in the fold? And if you’re looking to hire someone new to the team, what can you do to incentivize them to say yes to your offer?

If you’re like a lot of other small businesses, offering more money may not be an option. But there are other non-monetary benefits that could speak to a prospective candidate you just can’t let get away.

Tell us what your small business is doing to keep top talent in this week’s poll question and feel free to share your stories in the Comments section below.

What is your best incentive (besides money) for keeping great employees?

  • Flexible work schedule including working from home (25%, 302 Votes)
  • Healthcare and other benefits (24%, 294 Votes)
  • Opportunities for professional and personal growth (16%, 189 Votes)
  • Perks like paid sick days, vacations or maternity leave (13%, 157 Votes)
  • Relaxed and rewarding company culture (12%, 147 Votes)
  • Other (11%, 129 Votes)

Total Voters: 1,218

See All Polls

Handshake Photo via Shutterstock

More in: 2 Comments ▼

Joshua Sophy Joshua Sophy is the Editor for Small Business Trends and the Head of Content Partnerships. A journalist with 20 years of experience in traditional and online media, he is a member of the Society of Professional Journalists. He founded his own local newspaper, the Pottsville Free Press, covering his hometown.

2 Reactions
  1. Hey Joshua,

    Great post! It’s very interesting to see many small businesses are losing their top talent to bigger corporations. This article is a good reminder to small business owners to have incentives available for their employees.

  2. It is not just about the money. It is also about recognizing the employee’s talent and giving them due credit as well being flexible enough to accommodate their unique needs.