I know what you’re thinking! With the economy as bad as it is you’re probably asking yourself, “It’s an employer’s market, so why would I spend the extra money to give my employees a free lunch when I can pocket it instead?” and you know, you wouldn’t be wrong in thinking that. But you may also be costing yourself money in ways unseen.
Give a Boost to Employee Morale
When employee’s love their job and morale is high, employees feel the most loyal to the company they work for. This means the grass doesn’t look quite as green on the other side of the fence, and they stop looking for a job with better benefits or higher pay. This results in a lower turnover of your core workforce. When employees are good at what they do, they make you money, when they’re not, they cost you. If providing lunch everyday can boost employee morale and build company loyalty it may end up saving you money in the long run.