Office supplies have changed over the last few years – from typewriter ribbons and carbon papers to printer ink and paper for copiers now. These may appear small overheads but you can still reduce these expenses by using some useful hacks and tips.
Office supplies are recurring and may add up to a substantial amount when you add the total spending over a period of time. So be frugal and use some of these tips to save money and still have all the essential supplies.
It is always not possible to give regular hikes, promotion year on year basis when you run a small business. But those perks and benefits to employees make them stay happy and serve with motivation. Read on to know in detail:
Working hours: Make the working hours flexible. If possible, you can accept them working from home. This will make them feel having a good work-life balance and enjoy this advantage even though they work in a small company.
The incentive for work during holidays: If the employees work on a holiday give them something extra in addition to one day salary. You can provide transport or meal or snacks.
The incentive for bringing customers: If your employees bring in new customers from their known sources, offer an incentive for that. This will make them more loyal. Also, this form of marketing will make your marketing costs low.
Coupons for daily needs: Offer digital coupons from Couponobox to them for buying their daily or small needs.
Employee offer on products: Offer extra discounts when they buy your product for their family.
Contribution to their welfare: Contribute a portion of your profit for their welfare and safety measures. You can create a small fund and compensate or support them when there is accident or death. You can offer scholarships to outstanding children in their studies.
Special days: Cake cutting celebration on birthdays will make them feel special. They will feel great for the workplace remembering their special days.
Team lunches: Once in a year take them for a team lunch in a good restaurant. This will enable growth of unity and team spirit.
Early completion without a mistake: Offer small gifts for small values like completing work without mistake, 100% attendance throughout the year etc. This will make them feel that you regard them as important and realize even their small contributions.…Read More