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Firms can reap 150% returns by providing staff lunch - study - 2 weeks ago, 05:05

Companies that offer free lunch to employees are likely to see improved productivity, high employee retention and achieve up to 150 per cent Returns of Investment (ROI).

Latest study commissioned by a US-based Internet of Things (IoT) firm Highfive found out that apart from earning extra 30 minutes working time, free lunches boost employees morale, bonding mechanism and loyalty to the company.

An experiment was for instance done on Cubist Pharmaceuticals, a company with 750 employees where sensors were put on 30 employees to track the tone and frequency of their lunch conversations.

The information was merged with email-traffic data and the results of weekly surveys in which employees rated their productivity and energy.

When researchers parsed the data, they found that employees that engaged in conversations frequently were more productive and energetic.

‘’While providing lunch for employees at your company can be costly, it is hard to deny that there are also many benefits. ...
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