The up-front cash attracts attention and can be money well spent if the shop receives more and better applicants with fewer ads. Again, a signing bonus can make coming to work for you more appealing than the other shops advertising for help and might convince a top-notch technician that it's worth a little longer commute or a little less per hour to work for you rather than someone else. Caring for Young and Old While primarily only larger companies now offer much in the way of child care or elder care, this is changing. Being among the first shops to offer such benefits could be to your advantage. Finding and funding adequate care for children or for ailing parents can be a tremendous burden, one that can affect employee performance.
Employers can assist in a number of ways.
At the inexpensive end is offering resources or referral services that help employees find the care they need. Other businesses take it a step further and pay for or subsidize such care. One employee might like to forego his second week of vacation in order to have some extra money to spend on the trip he wants to take during his first week of vacation. Another employee might like a third week of vacation this year because he has a new baby at home. Vacation banks can help out both of these employees.