Pay and Perks
Offering performance-based bonuses, stock options, and pay based on units produced often has a big impact on workers’ and even owners’ efforts. But welfare capitalism, where companies provide services not just pay, often does even more. Giving workers perks like recreational clubs, subsidized lunch, and company outings help instill company values and thereby boost productivity. Additionally, having food or other services handy means that workers tend to stay in the building and work more.