New year, new business initiatives! As 2024 rapidly approaches, chances are you’ve given a lot of thought about where you want to take your business next year. If you’re like most leaders, you want to maximize productivity, efficiency, and workplace culture while ensuring your team enjoys the ultimate work-life balance.
These are lofty goals, and there are luckily plenty of ways to accomplish them, including regular team lunches or corporate catering. This is one thing some businesses of all sizes are adding to their benefits package. Of course, it’s just one of a few things to consider going into the new year.
A Renewed Focus on Team Member Retention
Retention will be a hot topic in 2024. When it comes to team member retention, people can be costly to replace after their employment with your company ends. The costs of searching for new candidates, hiring, and training can be higher than focusing on retention. Because of this, it can pay to put the spotlight on retention initiatives. Typically, it can come in the form of new or boosted benefits or perks.
One example may be covering a portion (or all) of your team’s insurance plan costs. Perks related to relieving financial burdens can be huge when it comes to retention. Another option may be adding much talked about perks like more vacation days or even shifting to a four-day work week or hybrid schedule. It’s all about offering benefits your employees actually care about and improving their work life.
Weekly Team Lunch Catering
Diving more into team member perks, lunch catering is something more businesses have looked into. It’s suitable for companies of any size, from small businesses with a single location to large corporations with multiple locations. So, you can be catering Indianapolis team lunches or Orlando lunches, it doesn’t matter!
The best catering platforms offer tools that allow you to tailor the catering to fit your company’s needs. You can set up individual ordering for the team or have an admin take care of the ordering. It can be a great way to boost team satisfaction and engagement, which can result in increased retention.
Increasing Customer Lifetime Value
Yes, retention is the theme. Much like the costs of hiring and training new team members, the costs of marketing to and obtaining new customers can be higher than working to retain current customers or increasing the customer lifetime value (CLV). It may mean focusing on initiatives that keep customers engaged with your business and your products/services.
Engagement can mean regular newsletters or emails with company-related updates, including promotions and further ways you can provide value to those customers. Engagement can also help foster relationships with customers—and when you work on building relationships with customers, they may be more likely to stay with you. Relationships matter and can impact CLV.
About ezCater
When it comes to corporate lunches, daily office meals, or rewarding your team for an outstanding quarter, you need more than work food. You need food that works from ezCater. With a nationwide network of over 100,000 restaurants, you can always find the top local favorites with ezCater, whether you’re catering Columbus Ohio company events or Charleston SC team lunches. Plus, the ezCater Dashboard puts you in charge of your company’s ordering, so you can monitor and control food spend with ezCater’s convenient centralized reporting. Are you organizing the office holiday party this year? Regardless of the size of your group, individual dietary needs, or budget, ezCater is the ideal corporate catering partner. ezCater lets you order confidently, knowing that your meals will show up on time and as ordered, with 24/7 support to keep everything on track.
Learn more about lunch catering with ezCater at https://www.ezcater.com/
Original Source: https://bit.ly/3RExtBi
