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HR Trends and Insights

4 reasons to add meal benefits in 2022

By December 23, 2021January 13th, 2022No Comments

There’s been a lot of talk about benefits lately and while adding better mental health coverage or a financial wellness program will help create higher engagement, there are other benefits employees love too. Food is one of them.

Here are four reasons you should add a meal benefits program in 2022.

1 – Meals are affordable

Giving employees a daily lunch limit or other food benefits doesn’t have to be expensive. A $10 meal benefit means $2,600 in expenses for the company. There’s also the possibility you can deduct some or all your meal employee expenses. Talk to your Accounting team for more information.

2 – Culture building

Whether your employees are working in the office, in a hybrid model, or remote, it’s important to build and maintain the company culture. Instead of having employees communicating through video meetings, or miss each other entirely, have them meet and socialize over lunches or meals at the office.

3 – Recruitment and retention

If your employees developed a preference for meal delivery services during the pandemic, you could subsidize this through meal benefits like Ticket Restaurant from Edenred. A perk like that is a great way to differentiate your company from your competition for new talent.

Your staff will love it too, of course. One study found that people who received free food had their job satisfaction rate from 57 percent to 67 percent.

4 – Productivity boost or a much-needed break

No matter where your employees are working, they must eat. For those who want to eat on the go, a meal service is one of the best benefits you can provide for them. They won’t have to worry about logistics to get the meal and focus on work. Other employees can relax and enjoy their meals before they complete their work for the day.

Get Ticket Restaurant for your business

Edenred’s Ticket Restaurant is the meal allowance program that can help you leverage the benefits of an employee food program in your business. You give your employees a prepaid card and they can spend the money on the card at restaurants, food delivery apps, and grocery stores. Employers have control over how much they can spend and where they can spend it.

If you want to set up a meal allowance program for your employees in 2022, we can help. Schedule a meeting today, and we’ll be happy to review all your options with you.