Benifits, Rewards and Perks a Small Business Can Offer Employees

A copyright image that our webmaster shot that has been used on other sites without his permissionAttracting and retaining employees can sometimes be difficult for small businesses, especially when they are competing for the same talent pool as large businesses with much deeper pockets. There are some rewards and perks that small businesses can offer that big business can’t, sometimes it is the small personal things that would get lost in a large company.

Motivating employees in your small business needn’t cost a fortune. Sometimes it may be as simple as providing an environment that give an employee a sense of belonging, that can often be lost or harder to find in larger corporate companies. Fair salary and reasonable benefits may put you on par with larger companies, but small businesses need to find their own unique perks that will provide incentive to do good work, but also to remind employees why they choose to work for a small business.

Many small business owners that have explored the classic incentives and perks like:

Work from home days. As a way to let employees to skip their daily commute to the office and spend some time around their families, while still getting a good portion of work done.

Office lunch days. This is where they employees order in a take-out lunch for everyone and the company picks up the bill.

Tuesday movie day. Most movie chains offer discounted movie prices on Tuesdays (some smaller chains still offer matinee pricing), so once a month or once a quarter take your staff out for movie as a team.

Vendor discounts. This is where you negotiate with your vendors to also extend a similar discount to your employees on consumer items they may sell like computers or electronics.

Discounts on your products or service. This is a no brainer, depending on your product or service and whether your employees would be a likely consumer of your product. This most common way of rewarding employees is to give them a discount.
Keeping the workplace fun. Some small businesses will use sports pools or other types of contests and rewards to keep employees thinking that it is not just a job.

Flexible hours. This is also referred to as off peak hours. For employees with longer commutes, their stress is often more about the commute than things at work. If you can offer an employee to start early and leave earlier or start later and leave later to avoid the rush hour.

Breakfast anyone? It is too often said that “there’s no such thing as a free lunch”, but no one has said that you can not offer a free breakfast once in a while. A simple breakfast at the office consisting of things like muffins, begals, donuts, coffee and similar simples foods to make for a nice way to start a day of work.

Pass along the perks. Often vendor or companies competing for business will send management or owners such things as tickets to sporting events or theatre shows to attract their business. Why not consider passing these free business perks and gifts along to employees on a rotating basis.

Now lets consider some more non-conventional perks that have only recently been working for small businesses:

While “Bring Your Dog to Work” day might be okay (maybe not so for restaurants and business dealing with food), but it can be a fun morale booster for the right type of small business office space. If a business can accommodate it, why not consider the office or business place “Pet Friendly” all the time?

Spa day at the office are a great way to boost moral and a great incentive for a job well done. Many large tech firms are offering massages and spa treatments in the office, but why can’t a small business. At the end of the quarter or after a successful project, a great reward is spa day at the office, but more importantly it can be less expensive than you think.

Investment planning professionals, life coaches, yoga instructors and even authors will often come to your office space to conduct free seminars. They mainly do this to promote themselves not only to the employees in attendance, but to the friends and family of employees by proxy. They know if they can deliver good information to a group, many in the group will share that information and let them know the source.

Talking to other small business owners about how they come up with incentives, perks and rewards for their staff can also be a great way to help any small business develop perks that work for their team.

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Hotels

1. Jennifer Smith
General Manager
The Omni King Edward Hotel
37 King Street East
Toronto, ON
M5C 1E9
Tel: 416-863-9700
Website: www.omnihotels.com/hotels/toronto-king-edward

2. Mark Perry
General Manager
Executive Hotels and Resorts (Boutique)
8 Colborne Street
Toronto, ON
M5E 1E1
Tel: 416-350-2419
Website: www.spazen.ca or www.cosmotoronto.com

3. Emeline Boul
General Manager
Hotel Victoria (Boutique)
56 Yonge Street
Toronto, ON
M5E 1G5
Tel: 416-363-1666
Mobile: 647-574-5832
Website: www.hotelvictoriatoronto.com

4. Omkar Sawant
Reservations Manager
One King West Hotel
1 King Street West
Toronto, ON
M5H 1A1
Main: 416-548-8100
Reservations: 1-866-470-5464
Website: www.onekingwest.com

5. Van Nguyen
General Manager
Cambridge Suites Toronto
15 Richmond Street East
Toronto, ON
M5C 1N2
Direct: 416-601-3757
Hotel: 416-368-1990
Website: www.cambridgesuitestoronto.com

Restaurants

1. Michael Pagliaro
Carisma (Italian)
15 Toronto Street
Toronto, ON
M5C 2E3
Tel: 416-864-7373
Website: www.carismarestaurant.com

2. Patti Shaw
Terroni (Italian)
57 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-203-3093
Website: www.terroni.com

3. Declan
Restaurant 20 Victoria – Michelin guide approved
20 Victoria Street
Toronto, ON
M5C 2A1
Tel: 416-804-6066
Instagram for reservations: https://www.instagram.com/twentyvictoria/

4. Mana
Nami (Japanese)
55 Adelaide Street East
Toronto, ON
M5C 1K6
Tel: 416-362-7373
Website: www.namirestaurant.ca

5. Restaurant Lucie
100 Yonge Street
Toronto, ON
M5C 2W1
Tel: 416-788-9054
Website: www.restaurantlucie.com

6. Niam H
Cantina Mercatto
20 Wellington Street East
Toronto, ON
M5E 1C5
Tel: 416-304-0781
Website: www.cantinamercatto.ca

7. Siva Sathasivam
Uncle Tony’s
38 Wellington St E
Toronto, ON
M5E 1C7
Tel: 416-455-6650
Website: https://uncletonys.ca/

8. Pizzaiolo
104 Yonge Street
Toronto, ON
M5C 2Y6
Tel: 416-860-0700
Website: www.pizzaiolo.ca

9. Robin Singh
Woods Restaurant and Bar
45 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-214-9918
Website: www.woodsrestaurant.ca

Health and Wellness

1. Thom Tullo
Morpheus8 by Inmode
47 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-863-6564
Website: www.amanspa.ca

2. Altitude Athletic Training
56 Colborne Street
Toronto, ON
M5E 1E3
Tel: 416-366-3838
Website: www.altitudeathletictraining.com

3. Physioheath Studios
33 Victoria Street, #130
Toronto, ON
M5C 2A1
Tel: 416-368-2525
Website: www.physiohealth.com

Our Amenities

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    • Building is located in Toronto's vibrant financial district
    • Plenty of parking available in the area including street parking and reserved parking in the 18 King building 
    • Adjacent to the building huge outdoor food courtyard - Beer Bistro www.beerbistro.com and Craft Beer Market www.craftbeermamrket.ca restaurants and bars with onsite catering services
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    • Nearby amenities:  underground PATH network, numerous restaurants, banking, Starbucks plus a wide array of nearby shops and services 
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    • We are leaders in the service of training/meeting rooms with full conference facilities, high quality hot and cold catering
    • Largest training room and conference facilities accommodate up to 60 people classroom style
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    • Indoor Reserved Parking at the current building rental rate
    • Bicycle parking
    • Rent a space to accommodate your team for meetings, training sessions, corporate events or coworking space or flexible office space for one day, one week, one month or one year, or whatever term suits your business
    • Telsec has over 650 locations in 40 different countries worldwide available for their clients.  Office clients receive up to 8 hours of meeting space per month at no charge at any ABCN member location.  Plus, Office and Virtual Office clients may rent a space from any member location at special member rates which varies depending on the location 
    • King Edward Hotel is located across the street - recently completed a $40 million renovation and boutique hotels close by within walking distance
  • Dining and entertainment at high quality restaurants only minutes away – Carisma, Terroni, Woods Restaurant & Bar and Michelin Rated - Restaurant 20 Victoria. Plus numerous lunch and takeout eateries nearby

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