Saving or Splurging? Figuring Out the Bottom Line for Office Snacks
Filling up the office pantry with snacks is an often cited way of showing employees that their happiness is valued and boosting morale around the office. However, providing free snacks is not without its financial implications. This article investigates the costs, savings, and other factors to help you decide if a stocked office pantry is worth the expenditure.
When exploring the financial impact of providing snacks, it’s important to distinguish between short-term and long-term costs and benefits. In the short term, the primary costs are the cost of the snacks, the labor cost associated with organizing the pantry, delivery charges, and taxes. In the long term, one must consider employee satisfaction and the associated increase in productivity, any health benefits that may arise from daily snacking, and the cost of additional snacks needed as the workforce grows.
Costs of Office Refreshments
Snack Costs: The primary cost associated with providing snacks in the office is, of course, the cost of the snacks. Depending on the number of employees, budget, and specific snacks chosen, the costs can range widely. For example, a company with 25 employees may spend $200 a month on snacks like chips, crackers, and chocolates or opt for healthier snacks such as nuts, fruits, and granola bars for $400.
Labor Costs: Another consideration is the labor cost associated with organizing and refilling the office pantry. Depending on the provider, the responsibilities may include setting up the pantry, stocking and maintaining it, handling waste and recycling, and restocking when supplies run low. Depending on the provider, the labor costs can range from $1 to $4 per employee per month. Additionally, if the pantry is managed in-house, then the labor costs may be much higher.
Delivery Charges: If the company chooses to have the snacks delivered, then there will also be delivery charges. Depending on the provider, the delivery charges will range from $0.50 to $3.00 per package.
Taxes: Depending on the local jurisdiction the company may also face taxes for the snacks purchased. For example, in some states, there’s sales tax on snacks.
Savings of Having Office Refreshments
Employee Satisfaction: Providing snacks in the office can have several benefits. One of the most obvious benefits is that it leads to happier, more satisfied employees. Studies have shown that when employees feel valued and appreciated, they are more likely to be engaged, have better job satisfaction, and stay with the company for longer.
Productivity: Providing snacks in the office can also lead to increased productivity. Studies have shown that snacking helps to keep employees fueled throughout the day, reduces mental fatigue, and improves concentration.
Health Benefits: Providing healthier options for snacks, such as fresh fruit and vegetables, nuts and seeds, and whole grains, can also have positive benefits on the health of employees. By providing access to healthier snacks, companies can help to own and control the food culture of the workplace and improve employee health and wellness.
Long Term Costs: Although it can be cost-effective in the short term, having a stocked office pantry may lead to additional costs in the long term. As the workforce grows, so too will the cost of snacks, as more frequent purchases may be required. Additionally, snacks stored in the pantry may go stale and need to be thrown out or replaced, increasing costs.
In conclusion, having an office snack pantry can be a great way to make employees feel appreciated and satisfied. It can also lead to higher productivity and better employee health outcomes. However, providing office refreshments does come with various costs, including snack costs, labor costs, delivery charges, and (in some cases) taxes. Additionally, in the long run, the workforce may grow, leading to more frequent purchases and increased costs. As such, before starting a stocked office pantry, it is important to consider all the possible costs and the potential return on investment.