Employees are the backbone of every organisation. It is therefore important to keep them happy and motivated in order to achieve success. Read on as we share 8 great ideas for employee benefits in Singapore if you are looking to kickstart or improve your company’s employee benefits programme!

Healthcare benefits

Offering healthcare benefits is a great way to show your employees that you care about their well-being. This can include subsidising costs of preventive care, doctors’ visits, prescriptions, and more. It can also help them stay healthy by providing access to wellness programs and health education resources. 

Here at Payboy, we’ve recently launched Payboy Benefits - a health and wellness module that is complimentary for all Payboy users! We’ve partnered with various healthcare and medical service providers to offer your employees discounted rates that are usually only accessible to MNCs:

• GP clinics: Healthway Medical, Fullerton Health and Parkway Shenton
• TCM providers: Zhongjing TCM and Eu Yan Sang TCM
• Dental clinics: Royce Dental
• Telehealth: Ordinary Folks

Fitness or wellness benefits

Offering fitness or wellness benefits is a great way to show your employees that you care about their health and wellbeing. This benefit can help to reduce stress levels, improve productivity, and increase employee morale.

With Payboy Benefits, your employees get to enjoy discounted rates at our current list of fitness and wellness partners:

• F45
• Spartans Boxing Club
• Indulge Skin & Body Lab

Stay tuned as we invite more partners on board to expand the range of benefits for your employees to enjoy!

Image credit: Spartans Boxing Club

Free or discounted access to online courses    

Giving your employees free or discounted access to online courses is a great way to show that you value their professional development. This benefit can help them to upskill or reskill, and it can also lead to increased productivity in the workplace. 

Here are some of the best online courses platforms to consider:

• Udemy: Udemy is an online learning platform aimed at professional adults and students. With over 130,000 courses available, you can learn anything from programming to cooking.
• Coursera: Coursera is an online education company that offers Massive Open Online Courses (MOOCs) from top universities around the world.
• Lynda.com: Lynda.com is an online learning platform that offers video courses on everything from software to business. With over 3000 courses available, you're sure to find something that interests you.
• edX: edX is a nonprofit online learning destination founded by Harvard and MIT. They offer free online courses from over 130 leading institutions, including Harvard, MIT, Microsoft, and more.

Company outings and team-building activities   

Organising company outings and team-building activities is a great way to build relationships and increase employees morale through relaxing and having fun together!

We’ve shortlisted a few team-building activities to get you inspired:

1. Artisanal Tea Blending Workshop by The Tea Crafters
2. Cocktail Making Workshop by Spiffy Dapper
3. Cooking Master Class by D’Open Kitchen
4. Kayak Fishing Party by Fever
5. Yacht party by Waga Mari
6. Treetop Obstacle Race by Forest Adventure 

Image credit: Fever

Employee recognition programmes   

Employee recognition programmes can take many different forms, but all have the same goal: to show appreciation for a job well done and motivate employees to continue meeting or exceeding expectations. The best employee recognition programmes should be tailored to the specific needs and culture of the organisation. Here are some common ideas:

• Awards can be given for length of service, employee of the month, or outstanding achievement
• Gift cards or vouchers: These can be for restaurants, stores, or even experiences like tickets to a show or a day at the spa. Your employees will appreciate being able to treat themselves, and it's a great way to show your appreciation for their hard work.
• Extra time off in the form of additional vacation days or shorter work hours

No matter what form they take, employee recognition programmes should be designed to have a positive impact on employee morale and motivation. When done right, they can also help improve retention rates by making employees feel valued and appreciated.

Flexible working arrangements 

Offering flexible working arrangements is a great way to show your employees that you trust and value their time and commitment. This can include anything from allowing them to work from home to offering flexi-hours.

There are several benefits of flexible working arrangements for both employers and employees

• For employers, flexible working arrangements can lead to increased productivity and morale, as well as reduced absenteeism and turnover. Flexible working arrangements can also help to attract and retain top talent, as more and more people are looking for jobs that offer this type of flexibility.
• For employees, flexible working arrangements can provide a better work-life balance, increased job satisfaction, and reduced stress levels.

If you're an employer considering implementing flexible working arrangements, there are a few things to keep in mind:

• First, flexible working arrangements can take many different forms, so it's important to decide what will work best for your business
• You should also consider the impact flexible working arrangements may have on other employees and your business as a whole
• Finally, make sure you have a clear policy in place so that everyone is on the same page and it doesn’t cause any miscommunication

Sabbatical leave  

Sabbatical leave can offer a number of benefits to both employees and employers. For employees, sabbatical leave can provide an opportunity to take time off to pursue personal or professional development goals. This can lead to increased job satisfaction and motivation upon returning to work. For employers, offering sabbatical leave can show that you value your employees' professional and personal growth. This can lead to increased loyalty and productivity from employees.

This benefit can be offered on a case-by-case basis, or as part of an employee's contract.

Paid time off for volunteering  

Encouraging your employees to give back to the community is a great way to show that your company cares about more than just making money.

One way to do this is by offering paid time off for employees who volunteer with approved organisations. This benefit not only allows your employees to feel good about giving back, but it also helps them to develop new skills and build their experience.

P.S: You can customise your corporate leave policy easily with Payboy’s leave management module!

Image credit: YMCA Singapore

Roll out employee benefits quickly with Payboy Benefits!

Employee benefits are a great way to show your employees that you appreciate their hard work and dedication. By offering these benefits, you can improve employee morale, reduce stress levels, and improve productivity in the workplace. With Payboy Benefits, you will be able to roll out some of these employee benefits ideas quickly such as health and wellness benefits without starting from scratch!

Here is the Panel List of Clinics if you are using Payboy Benefits!

Alliance Panel Clinics List: