BetterWorks is a platform that companies of all sizes can use to track the benefits, incentives, and perks they’re offering to their employees. Whether a company is giving everyone free access to a new local gym, fun prizes for the top earners in each department, or coupons for lunch at a neighborhood taco joint, BetterWorks is a tool that can help companies manage the rewards they’re offering to their stellar employees.
Because BetterWorks is still relatively new, it’s not available for businesses nationwide just yet. The service is currently only available to companies in Southern California, however it plans to launch in San Francisco, New York, Chicago, Washington DC, Houston, San Diego, Miami, and Dallas within the next few months. Assuming your business is located in an area where BetterWorks is live, getting your company set up is easier than you may expect. Just enter your zip code and company information to begin. Once you’re signed up, you can designate how much money you’d like to spend on perks for each employee, invite said employees to participate, and let your employees start reaping the rewards. BetterWorks handles all the negotiations with local gyms, restaurants, and service providers on the behalf of its clients, so you don’t have to worry about calling around town looking for a gym that’s willing to offer your staffers a 20% discount.
Businesses that use BetterWorks can reduce the cost of their current perks plans while boosting employee morale and increasing retention rates at the same time. The platform itself charges companies $4 per employee, per month, with no month-to-month commitment. Although that can sound like a lot of money up front, it pales in comparison to the cost of hiring and training new employees on a regular basis while your rock star staffers defect to competing businesses with better perks and incentives packages.
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