An excellent perk to reward hard work!
For any company, hiring, developing, and retaining good employees is essential to business success. A staff of seasoned, experienced professionals who have mastered their work over several years is better equipped to provide outstanding service to customers. When a company operates with a revolving roster of new hires, the “experience factor” tends to be missing and customer service suffers. There’s much to be said about having a staff that is bought-in and possesses knowledge and abilities that can only be acquired from years of experience.
To achieve this, Distributor Wire & Cable (DWC) offers many perks and incentives to its family members (we refer to employees as family members). Perhaps the best example of this is DWC’s 7 Year Sabbatical program. The 7 Year Sabbatical enables eligible DWC family members to take three consecutive weeks of paid time off during their seventh year of service. In addition, the company provides a $2,000 stipend to help with travel and expenses incurred during this sabbatical.
“An important aspect of our culture is ensuring that our family members know that we care about them. This is one way for use to show appreciation for the effort and dedication a DWCer has demonstrated,” explains Laura Kitto, DWC’s Director of People Development. “Not only does the Sabbatical program reward and celebrate a family member’s hard work, it allows them to step away from their daily role and recharge their battery,” adds Kitto.
Post-Sabbatical, DWC family members return to work rested and ready to make an impact. There’s a renewed energy that translates into improvements in
the quality and volume of work. In the past, for each DWC employee that has utilized this benefit, observations and metrics associated with their individual role showed marked improvements.
Simply put, the 7 Year Sabbatical makes for more engaged, happier employees that provide a higher level of service to DWC’s customers. DWC is certainly not alone in offering this to employees. While sabbaticals are still rare inside of corporate America, their presence is increasing steadily. According to a survey from the Society for Human Resource Management, the percentage of companies offering sabbaticals (both paid and unpaid) rose to nearly 17% of employers in 2018. As long data continues to highlight the benefits of this perk for both employees and companies, sabbaticals will likely continue to gain in popularity.
What special perks and added benefits does your company offer employees to show appreciation and improve engagement? Email us at email@example.com