Acquiring and retaining talent is one of the biggest pain points for organizations. Employees always look to switch for a better pay, better opportunity or for better perks. Attrition of their best employees continues to be a harsh setback for companies which are constantly looking to engage their employees in ways that provide them a sense of self entitlement and ownership within the organization. However, this is only made more difficult by the relentless rise in employee demands centered around benefits, pay and opportunity. Organizations dabble in various team building activities to instill the spirit of team work and collaboration in their employees. Surveys, on the other hand suggest that the key to engagement lies in meeting the core needs of the employees rather than focusing on things that can be deemed as an unnecessary investment of the firm in their direction. Apart from this, inflation and rising costs are leading to stressed paychecks and end up eroding a major portion of their increment. Employee attrition and dissatisfaction pose a bigger challenge to Startups and SMEs as they don’t have access to the means that would make a lot of perks/incentives accessible to their employees. RocketPerks was conceived with the idea of empowering these small and medium companies in giving their employees benefits similar to what employees in big organizations enjoy, in return for a minimal monthly fee per employee per month, coming from the employer. This takes away a lot of the burden from the hands of an already overworked HR personnel in such companies while giving them access to benefits they wouldn’t be able to bargain for otherwise.(owing to their small size) RocketPerks aims to be a one-stop Employee Perks Platform which would provide huge savings on groceries, food, fitness, telecom, entertainment, travel, and much more to the employees of organizations signed up on the platform.
