Traditionally, when employers have sought to reward top performers, they’ve relied on money.
Whether in the form of a raise or a bonus, adding to your existing pay is one of the best ways to keep you around and make you feel appreciated.
However, many small businesses are struggling to make budget on the revenue they have coming in each month.
Fortunately, money is only one way to say “thank you” to employees for their hard work.
In fact, a recent survey of 200,000 people showed that salary is fairly low on the list of things employees need to feel appreciated.
One way to increase longevity and attract the best new workers is to offer attention-getting perks. Here are a few ideas that bosses can consider in lieu of a salary increase.
This article originally appeared on BusinessInsider.com.