Social Allowance
What is a Social Allowance?
A social allowance funds team-building activities such as group meals, recreational outings, or collaborative workshops. By investing in social connectivity, employers help strengthen workplace relationships, improve morale, and cultivate a positive organisational culture. This allowance can also be used to support virtual or hybrid team events, fostering inclusivity among remote or geographically dispersed employees.
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Benefits to Employer
A social allowance can foster connections between and within teams through funded activities, directly improving project coordination and conflict resolution. Employers gain measurable returns in innovation as employees with stronger interpersonal bonds take more collaborative risks. It also aids onboarding by accelerating new hires’ integration into company culture.