High perceived value low cost benefits for employees? What work for you for you?

[Nathan Faselt]

Hello BiggerPockets community!

I wanted to start a discussion on employee benefits and compensation. As a real estate investor and property manager, I find that having a great team is essential to the success of any operation. However, finding and retaining quality staff is not always easy.

One way to attract and retain good employees is to offer great benefits. I'm curious to hear from other investors and property managers on this forum about what types of benefits and perks they offer their staff, and what they've found to be most effective in keeping them happy and motivated.

I want the big basics as well as the small fun stuff with low cost and high perceived value.

Some examples of benefits that could be offered include:

• Golden handcuffs / parachute agreements
• Vacation days
• Holidays
• Bonuses
• Remote work options
• 401K plans
• Massage chairs
• Free lunches
• Free stays at the owner's STR vacation home in Bahamas ?

I'm also interested in hearing about housing benefits, particularly in terms of how much of the employee's housing costs are covered by the company, and whether or not this is included in their reported compensation.

If you're comfortable sharing, I would love to hear about the types of salaries you offer your employees, as well as any other compensation-related insights.

I'm excited to hear about what benefits have worked for you and your teams or where you work, and to learn from the collective wisdom of the BiggerPockets community!