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5 Questions Answered About Employee Discount Programs

One of the benefits that has gained traction in the recent decades is employee discounts. It’s a great way for employers to contribute to their team’s financial wellness and it helps employees save on the things that matter most. Whether your company manages their discounts in-house, relies on seasonal promotions, or doesn’t provide discounts at all, an employee discount program is a simple way to improve your employee experience. But how do you get started? Which discounts do you provide? There are a lot of questions when it comes to employee discount programs and we are here to provide you with answers! 

What Is An Employee Discount Program? 

An employee discount program is a marketplace of exclusive discounts, negotiated by our team of experts, from top brands and local businesses. Employees can access their discounts through their discount portal and browse deals or search by brand or category. They can also discover curated and personalized discounts relevant to their interests, and enjoy savings on a variety of products and services. PerkSpot’s program drives financial wellness for your employees, putting money back into their pockets.

How Often Are New Discounts Added For Employees? 

PerkSpot negotiates directly with top brands to secure leading offers everyday. We are constantly adding new ways to save from local establishments to big-name nationwide brands. Not only that, but employees have the opportunity to suggest their favorite businesses and we will do our best to secure an exclusive offer! 

What Management Is Needed To Keep The Program Up To Date? 

We handle the management of your discount program. Your perks and discounts will be up and running in a matter of days.  We’ll help with custom branding tailored to your unique organization and a built-in employee communication plan. Additionally, our team of client success managers are here to help you with anything you need. We help devise engagement strategies, create marketing materials, and more. 

What If Employees Have Questions or Run Into Issues?

Our customer support team is always available to help your employees with any questions. We are dedicated to making their experience smooth and problem-free. 

How Much Does It Cost Per Year To Provide An Employee Discount Program? 

PerkSpot is a cost-free program. With 25+ savings categories, there are endless opportunities to save with no hidden fees. 

Providing employees with impactful discounts is the quickest, easiest way to contribute to your team’s financial wellness. With a discount program like PerkSpot, you not only are able to provide unbeatable savings, but you have a program that does the work for you. Start your team’s savings journey today!

An Inside Look At PerkSpot’s Headquarters

We’re headed behind the scenes to get a glance at PerkSpot’s Headquarters located in Downtown Chicago. At PerkSpot, our mission is to inspire others to love where they work, and that starts right here with our own employees. What began as an idea has now sprouted into a company that is changing the lives of employees at more than 1,000 businesses around the world, all with the goal to build a better place to work.

Above all, we are proud to be a leader in the human resources space, creating new and valuable ways for employers to provide financial wellness for over one million employees with an attitude of humility, generosity, and gratitude.

 

 

 

Collaboration is Key

PerkSpot’s office is built for collaboration. With two stories of workspaces, the options are endless.

 

 

 

 

Open-Air Concept

With an open-air concept, employees are able to smoothly work cross-functionally with other internal teams. In addition, there are plenty of meeting rooms available for private meetings. 

 

 

 

 

 

The Kitchen

Did someone say free lunch? The PerkSpot kitchen is the perfect place to mingle with colleagues. It’s also a great place to cheers to our successes!

 

 

 

 

 

Creative Nooks

Why work from a desk when you can work from a couch? PerkSpot has multiple nooks to let your creativity flow.

 

 

 

 

 

Historical Elements

Located at 320 W Ohio Street, the PerkSpot office has historical elements throughout with brick walls and industrial accents.

 

 

 

 

 

Natural Sunlight

You don’t have to worry about a lack of sunlight here. In other words, with windows on every wall, natural lighting is always present.

 

 

 

 

A Culture of Recognition

We are proud of our accomplishments. In other words, our recognition wall is the perfect motivation for all employees.

 

 

 

 

Outstanding People

Our people are pretty great. Throughout the office you’ll find PerkSpotters hard at work to provide the best possible experience for our members.

 

 

 

 

Work Hard, Play Hard

PerkSpotters like to have fun too! We frequently hold events both in-person and virtually to connect with our peers and get to know one another.

 

 

For our colleagues in Chicago, we offer the flexibility to work remotely. Yet, we cherish our in-person monthly All Hands meetings along with occasional in-office collaboration days. For our remote employees, we offer occasional travel into the office for team and company events.

 Recently, PerkSpot was named one of Built In Chicago’s 2022 Midsize Companies Best Places To Work and one of America’s Fastest-Growing Companies by Inc. 5000. 

We’re always looking for people who align with our core values, an essential part of who we are as a company. Are you interested in becoming a PerkSpotter? Check out our open positions and apply today!

Best Friends Forever from 9-5

work friendships blockheads

Is your coworker also your close friend? Or is your close friend also your coworker?

Office friendships can be a great source of pleasure and support, but they can also be a challenge to navigate. Many have ambivalence toward forming deeper friendships with their colleagues for a number of reasons. Perhaps they worry about the potential for distraction, influence on decision making, or awkwardness during performance reviews. Despite these legitimate concerns, research on workplace friendships suggests they are crucial to both personal health and organizational success.

Friendships Alleviate Stress

In a breakthrough 1995 study, Christine Riordan and Rodger Griffeth found even the possibility of friendship formation increases both job satisfaction and organizational effectiveness. This finding takes on particular importance when considering that in 2014, 80% of Americans stressed over at least one thing at work. Furthermore, a 2013 Lifeboat report found a whopping three-quarters of Americans are not truly satisfied with their friendships. By more than 2:1, respondents said they would prefer a smaller number of deeper friendships to a greater number of friends. Given the increasing blur between work and home life, the office seems like a promising place to form deep friendships.

Friendships Foster Loyalty

In a recent post for Harvard Business Review, Riordan asserts that office friendships foster group loyalty. This, in turn, leads to shared commitment and discipline toward one’s work. Similarly, a 2012 Gallup report found that 50% of employees with a best friend at work felt a strong connection with their company. Meanwhile, only 10% felt this connection without one. In fact, “good relationship with coworkers” was the most frequently cited reason in a 2013 survey for 2,223 people planning to stay in their current job. Three studies by workforce intelligence company Evolv found employees referred by friends are less likely to quit and more productive.  Consequently, employees trained in a “friendly” culture stayed with their employer twice as long as those who were not.

friendly statue

Friendships Improve Performance

In “The Best Place to Work,” psychologist Ron Friedman asserts that having close friends at work brings with it a number of benefits, like combating loneliness. Prolonged loneliness makes it more difficult for people to relax and fall asleep. In turn, this can lead to diminished cognitive function such as impaired memory formation and learning ability. Surrounded by friends means spending less time worrying about fitting in and pay more attention to our work. Personal connections between colleagues also boost motivation, because poor performance at work means letting down friends.

Friendships are not the only way to enhance productivity or boost engagement in the workplace. However, friendships are unique because their strength endures, and even grows when other standard retention incentives wane in a bad economy. Friends are an invaluable resource in the workplace. They provide an emotional support system and a network for helping to more efficiently execute one’s job. Friedman acknowledges making new friends can be scary because of the shared risk involved in disclosing personal details with an acquaintance. That being said, the above trends should encourage anyone who is hesitant about opening up to coworkers. The message is clear: a little vulnerability in the break room can go a long way.

PerkSpot Cubs Game

PerkSpot takes an afternoon off for a Cubs game.