Employee discount programs, which involve reduced prices on goods or services offered to personnel, serve as a common component of many companies’ compensation and benefits packages. These programs aim to enhance employee satisfaction and provide a tangible benefit beyond base salary.
Offering such a benefit can improve employee morale, reduce employee turnover, and potentially increase employee engagement. The provision of discounts may also contribute to a perception of increased value in the overall employment relationship and can encourage employees to become customers of their own organization.
