• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

2

AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

3

The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides 'naval overwatch'

1

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money

2

AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons

3

The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides 'naval overwatch'

3 Perks Every Startup Should Be Offering Employees

By
Bruce Paul
Bruce Paul
and
Bethany Cianciolo
Bethany Cianciolo
Down Arrow Button Icon
By
Bruce Paul
Bruce Paul
and
Bethany Cianciolo
Bethany Cianciolo
Down Arrow Button Icon
July 5, 2016, 5:02 PM ET
US-BUSINESS-START UP INCUBATOR
Employees of start-up companies work at their designated spaces at the offices of 1776 business incubator in Washington DC, February 11, 2014. 1776 hosts about 185 start-ups in its offices. The incubator gives members a chance to take notes from high-profile entrepreneurs during what are known as lunch and learns. 1776 runs like a campus, with workshops, a communal kitchen and 24-hour access for members. 1776 was founded in January 2013 by Evan Burfield and Donna Harris, a pair of successful entrepreneurs with experience building companies and communities. AFP PHOTO/MLADEN ANTONOV (Photo credit should read MLADEN ANTONOV/AFP/Getty Images)Photograph by Mladen Antonov via AFP — Getty Images

The Entrepreneur Insiders network is an online community where the most thoughtful and influential people in America’s startup scene contribute answers to timely questions about entrepreneurship and careers. Today’s answer to the question “How important are employee perks when first launching your startup?” is written by Bruce Paul, CEO of Swivelfly.

When launching a startup, there are many additional pressures above and beyond those that CEOs at established companies face. As financial budgets are significantly smaller at the startup level, finding and hiring the right people for open positions is that much more urgent. That’s why so many early-stage and cash-strapped startups often rely on attracting top talent with enticing non-cash benefits that go beyond the standard 401K and insurance policy offerings.

Often, many larger companies spend too much time arguing over the best employee perks, such as free food and transportation, stipends, and gym memberships. While these types of perks do grab candidates’ attention, they aren’t guaranteed to keep employees around longer, nor will they be what the employees remember about their experience at a company.

A small startup team needs people committed to the idea of profitably growing the business—not shopping around for perks. This is what ultimately keeps an employee: working toward creating a successful business, believing in its products, and helping to make it the best organization in the marketplace.

Below are three benefits that you should consider offering to your employees that won’t cost you a dime:

Allow flexible work options
A simple way to increase employee satisfaction is to give them responsibility over their own time. When employees feel confined to one space to do work, they may not feel inspired or do their best work.

That is not to say that there shouldn’t be rules. Determine when your team should come together, and what tasks individuals working from home can complete. With clear goals, schedules, and priorities for both the individuals and the team, you are bound to have success with this policy.

Value everyone’s input
Employees who work in a culture of recognition are likelier to feel valued by senior management, according to Incentive Magazine. There’s also a greater percentage of shareholder return and employee satisfaction produced from companies whose employees work in this type of environment.

Working at a startup or a newer, smaller company can be a huge way for younger employees to feel empowered. They get a greater voice in the operations of the company and often receive more varied roles/responsibilities that they wouldn’t otherwise have at larger companies. This is also often where the best ideas can start. At Swivelfly, we recently had an entry-level marketing employee offer suggestions that ultimately made our website more responsive—allowing leads to be tracked easier than in the past. Sales personnel at our company didn’t like our way of presenting proposals, so they quickly worked with the graphic designer to improve this process.

Empowering your employees to have a voice that’s heard by senior team members isn’t just great for your bottom line, but it will motivate your team.

 

Give choices
Businesses must acknowledge that differing working styles do exist. With different generations laboring in the same workplace, creating a one-size-fits-all perk plan may not necessarily resonate with everyone in the same way.

Allow employees to pick and customize some of their benefits according to their needs, but with clear expectations of them in their role. Will they be more productive in their role if they were able to bring a pet into the office? Do they want to take a class each year to improve their skills?

Treat your employees like capable people whose voices are truly heard, and they will be just that. Flexibility and trust are the most essential perks that an engaged startup or small business can offer to its employees.

About the Authors
By Bruce Paul
See full bioRight Arrow Button Icon
By Bethany Cianciolo
See full bioRight Arrow Button Icon

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Iran fires missiles at Israel in first such bombardment since ceasefire as Trump says ‘I’m not happy about’ Israeli strikes on Lebanon
Middle EastIran
Iran fires missiles at Israel in first such bombardment since ceasefire as Trump says ‘I’m not happy about’ Israeli strikes on Lebanon
By Kareem Chehayeb, Samy Magdy, Melanie Lidman and The Associated PressJune 7, 2026
2 hours ago
SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
InvestingIPOs
SpaceX’s IPO will also be a massive selling event triggering big price dislocations across the stock market as investors dump shares to buy SPCX
By Jason MaJune 7, 2026
2 hours ago
Trump says Fed rate increase would be wrong ahead of Warsh debut
EconomyFederal Reserve
Trump says Fed rate increase would be wrong ahead of Warsh debut
By Tony Czuczka, Jennifer A. Dlouhy and BloombergJune 7, 2026
4 hours ago
Trump calls Iran war a ‘military exercise’ even as Hormuz fighting heats up and denies promising no new wars — despite repeated pledges
PoliticsIran
Trump calls Iran war a ‘military exercise’ even as Hormuz fighting heats up and denies promising no new wars — despite repeated pledges
By Jason MaJune 7, 2026
5 hours ago
OpenAI readies ‘superapp’ pivot ahead of planned IPO, FT reports
AIOpenAI
OpenAI readies ‘superapp’ pivot ahead of planned IPO, FT reports
By Amedeo Goria and BloombergJune 7, 2026
6 hours ago
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone’
Big Techtech stocks
Trump stunned as stocks fall on great jobs report. Barclays explains why ‘we are entering the warning zone’
By Eva RoytburgJune 7, 2026
6 hours ago

Most Popular

'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
Economy
'The golden years are not golden': Boomers are hoarding most of America's wealth and power because they're terrified of outliving their money
By Nick LichtenbergJune 7, 2026
11 hours ago
AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons
AI
AI CEOs from OpenAI, Anthropic, and Microsoft set aside their rivalry to warn Congress AI is making it too easy to design and create bioweapons
By Marco Quiroz-GutierrezJune 5, 2026
3 days ago
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides 'naval overwatch'
Energy
The Strait of Hormuz is more open than previously thought as the U.S. shoots down Iranian drones threatening ships and provides 'naval overwatch'
By Jason MaJune 6, 2026
20 hours ago
I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle
Commentary
I've sold property on California's Central Coast for decades. The buyers chasing ranch and winery estates are after more than a lifestyle
By Lindsey HarnJune 6, 2026
1 day ago
Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision
Real Estate
Billionaires Elon Musk and Mark Zuckerberg used mortgages to buy multimillion-dollar mansions. Here’s why that’s a savvy financial decision
By Sydney LakeJune 6, 2026
1 day ago
Here's where U.S. debt may become unsustainable with interest payments triggering a default crisis that even steep tax hikes can't fix
Economy
Here's where U.S. debt may become unsustainable with interest payments triggering a default crisis that even steep tax hikes can't fix
By Jason MaJune 6, 2026
23 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.