What are the benefits of offering employee stipends?
Offering employee stipends for vacation creates a win-win situation for you and your employees. It’s a method to keep them motivated and satisfied with their role knowing their workday is contributing to more than just their salary.Some businesses, especially early-stage self-funded startups, can be deterred from offering a travel stipend policy. It screams extra costs and founders often expect covering travel expenses of employees to be out of reach.However, there are ways to keep things affordable and flexible. Before diving deeper, let’s take a look at the benefits of offering employee stipends: