As someone who has enjoyed meal allowance benefits for some time now, let me tell you that I am a huge flan of it and could taco ‘bout it for quite some time. It may seem like such a minor gesture at first but there are a lot of advantages to feeding your workforce and I would like to help you craft a persuasive argument. In this post, I'll share some tips on how to convince your leadership team to adopt meal allowance benefits as a company perk or employee benefit.
Let’s first start at defining what meal allowance benefits are. Typically they are defined as money or funds given to employees to buy food, whether it's lunch, groceries, delivery, or restaurants. They can be a flexible and effective way to provide food benefits to entire workforces or to specific departments, especially in the era of remote and hybrid work.
But why should your company offer meal allowance benefits? And how can you make a compelling case for them to your leadership team? Here are some key points to consider and to highlight:
One of the main benefits of meal allowance benefits is that they contribute to the physical and mental well-being of your employees. By providing them with financial relief and choice, you can help them access nutritious and satisfying meals throughout the workday.
According to a study by the University of Warwick, a well-fed employee is a healthier, happier, and more productive one. Meal allowances can lead to decreased absenteeism, improved focus, and heightened energy levels, creating a positive ripple effect on overall workplace productivity.
Another benefit of meal allowance benefits is that they increase employee satisfaction and retention. By offering them food perks, your company signals to their employees that their well-being is a priority for your company. This fosters a sense of appreciation, loyalty, and engagement among your workforce.
According to a Wakefield study, meal stipends are often top-rated by employees and are a unique way to show your company cares for their workforce. If an employee is satisfied, they're more likely to stick with your company, thus reducing the need (and cost) of recruiting a replacement.
A third benefit of meal allowance benefits is that they enhance productivity and collaboration among your employees. By allowing them to choose when and where they take their meals, you can promote work-life balance and flexibility, which are essential for remote and hybrid workers.
As a leading food benefits platform, we have seen meal allowances fostering a sense of community and culture among our coworkers, as they can share their food preferences, experiences, and feedback with each other. This has led to more creativity, innovation, and teamwork at Sharebite and this has the potential to mix things up and stir up some fun at your offices too!
A final benefit of meal allowance benefits is that they can be easy to implement and manage, thanks to the technology and innovative solutions available in the market. You don't have to worry about the logistics, costs, or compliance issues of providing food to your employees, as you can outsource them to a reliable partner.
One of the best partners to enable a meal allowance benefits solution is Sharebite, which offers a comprehensive platform that combines team orders, flexible solutions, centralized meal allowances, curated restaurant choices, and community impact. Sharebite helps the world's best companies elevate employee engagement and satisfaction, while supporting local restaurants and fighting hunger in local communities.
Sharebite offers three products that can suit your company's needs and budget:
With Sharebite, you can easily integrate your food benefits program with your HR, IT, and accounting systems, and track your spending, usage, and impact with real-time data and analytics. You can also customize your program to fit your company's culture, preferences, and goals, which is quite a peeling!
Thanks for pudding up with my puns. Meal allowance benefits are a powerful way to attract, retain, and engage your employees, while supporting their well-being, health, and productivity. They are also easy to implement and manage, thanks to the technology and solutions offered by Sharebite.
If you want to learn more about how Sharebite can help you create a successful meal allowance benefits program, you can interact with our Live Chat or submit your company’s details to our getting started page.
Don't miss this opportunity to elevate your employee experience and satisfaction with meal allowance benefits. Your leadership team will thank you for it and I’m not yolking around here.