✨  Don't miss out! Register for our Employee Appreciation Webinar scheduled for 29th February.🎖️
✨  Don't miss out! Register for our Employee Appreciation Webinar scheduled for 29th February.🎖️

Register now

Live Webinar: Secrets to Building a Successful B2B2C Growth Flywheel
Save your spot now

The Empuls Glossary

Glossary of Human Resources Management and Employee Benefit Terms

Visit Hr Glossaries

Who is eligible for the workplace discount program?

Eligibility for workplace discount programs varies depending on the organization and the specific program in place. Generally, eligibility includes:

  • Full-time employees: Most workplace discount programs are designed primarily for full-time employees, regardless of their role or seniority. They are often the primary beneficiaries as a form of employee benefit.
  • Part-time employees: Some companies extend these discounts to part-time employees, although the extent of the discount may vary compared to full-time employees.
  • Contract workers: In some cases, contract workers may be eligible for discounts, especially if their contract is long-term or they are integrated into the company culture.
  • Family members: Certain programs extend benefits to immediate family members of employees, such as spouses and children. This is more common in larger organizations that offer comprehensive benefits packages.
  • Retired employees: Retired employees or those who have worked with the company for a long time may also be eligible for continued discounts as a form of ongoing recognition.
  • Affiliated partners: Employees of partner companies or organizations that have a close business relationship with the main company may also be eligible for workplace discounts.

What is the employer discount program?

Employer discount programs are a popular perk that 23% of employees find appealing. These programs provide exclusive discounts at over 1 million merchant locations across the US, helping employees save money on everyday purchases and fostering a sense of appreciation and loyalty.

Listen, recognize, award, and retain your employees with our Employee engagement software  

What are the advantages of employee discount programs?

Offering employee discount programs provides several advantages for employers:

  • Increased employee retention: Discounts are a key factor in job satisfaction for many workers.
  • More competitive recruiting: Employee discount programs are an enterprise-level benefit that can help attract top talent.
  • Boosted employee engagement: Happy workers are engaged, productive workers, and employee discounts naturally pique staff's interest.
  • Optimized spending: Corporate discount programs are cost-effective and have a high potential return on investment.
  • Promotion of work-life balance: Discounts on travel, entertainment, and more encourage employees to enjoy their personal lives.
  • Improved employee finances: Discounts help employees stretch their dollars during times of high inflation.

Who is eligible for the workplace discount program?

Eligibility for workplace discount programs varies depending on the organization and the specific program in place. Generally, eligibility includes:

  • Full-time employees: Most workplace discount programs are designed primarily for full-time employees, regardless of their role or seniority. They are often the primary beneficiaries as a form of employee benefit.
  • Part-time employees: Some companies extend these discounts to part-time employees, although the extent of the discount may vary compared to full-time employees.
  • Contract workers: In some cases, contract workers may be eligible for discounts, especially if their contract is long-term or they are integrated into the company culture.
  • Family members: Certain programs extend benefits to immediate family members of employees, such as spouses and children. This is more common in larger organizations that offer comprehensive benefits packages.
  • Retired employees: Retired employees or those who have worked with the company for a long time may also be eligible for continued discounts as a form of ongoing recognition.
  • Affiliated partners: Employees of partner companies or organizations that have a close business relationship with the main company may also be eligible for workplace discounts.

How much should employee discounts be?

The value of employee discounts can vary widely depending on the industry, company size, and the type of products or services offered. However, some general guidelines include:

  • Retail sector: Employee discounts in retail typically range from 10% to 30% off the regular price. High-end or luxury brands may offer slightly lower discounts, while companies that sell basic consumer goods might offer higher discounts.
  • Hospitality and travel: Employees in the hospitality industry, such as hotels or airlines, may receive discounts ranging from 20% to 50%. These discounts often extend to family members and can include both products (e.g., hotel rooms, airline tickets) and services (e.g., dining, spa treatments).
  • Technology and electronics: In the tech industry, discounts can vary from 15% to 50%, depending on the product type. For example, software and services may have higher discounts, while hardware might have lower percentages.
  • Automotive: Employees at automotive companies may receive discounts on vehicles, often ranging from 10% to 25%. In addition, they may also get discounts on maintenance and parts.
  • Healthcare: Employees in the healthcare sector may receive discounts on medical services, prescriptions, and health-related products. These discounts might range from 10% to 30%.
  • Education and non-profits: In education or non-profit sectors, discounts may be less monetary and more related to access to resources, such as free or discounted courses, materials, or professional development opportunities.
  • Internal policies: Some companies may base their discounts on the cost margin of their products or services. For instance, if a product has a high-profit margin, a larger discount may be offered to employees. Conversely, if the profit margin is low, the discount might be smaller.

Employee pulse surveys:

These are short surveys that can be sent frequently to check what your employees think about an issue quickly. The survey comprises fewer questions (not more than 10) to get the information quickly. These can be administered at regular intervals (monthly/weekly/quarterly).

One-on-one meetings:

Having periodic, hour-long meetings for an informal chat with every team member is an excellent way to get a true sense of what’s happening with them. Since it is a safe and private conversation, it helps you get better details about an issue.

eNPS:

eNPS (employee Net Promoter score) is one of the simplest yet effective ways to assess your employee's opinion of your company. It includes one intriguing question that gauges loyalty. An example of eNPS questions include: How likely are you to recommend our company to others? Employees respond to the eNPS survey on a scale of 1-10, where 10 denotes they are ‘highly likely’ to recommend the company and 1 signifies they are ‘highly unlikely’ to recommend it.

Based on the responses, employees can be placed in three different categories:

  • Promoters
    Employees who have responded positively or agreed.
  • Detractors
    Employees who have reacted negatively or disagreed.
  • Passives
    Employees who have stayed neutral with their responses.

Quick Links

Employee Engagement solutions
Glossaries

Recognised by market experts