Are you concerned about keeping your top performers and attracting new ones this year? Why not try sweetening the pot with non-monetary benefits that won’t break the bank? How about a virtual office?

When CFOs were asked about the perks they plan to offer or are already offering, subsidized training and education topped the list at 29 percent, followed by flexible schedules or telecommuting (24 percent) and mentoring programs (24 percent). So says a survey from Accountemps.

Let’s zero in on flexible schedules and telecommuting. At 24 percent, that’s a strategy worth noting. In fact, it would do away with some of the others, like free or subsidized lunch or snacks (11 percent), onsite perks such as childcare, dry cleaning, fitness center and cafeteria (11 percent), and subsidized transportation (10 percent).

"On the heels of the recession, perks are a cost-effective way employers can reward and retain staff and attract new employees. The most popular incentives are those that aid in career development and give employees some control over their work schedules," says Max Messmer, Chair of Accountemps and author of Human Resources Kit For Dummies, 2nd Edition. “Flexible work arrangements cost little to implement but show that a company values its staff and their work-life balance needs."

Indeed, virtual office space comes at a nominal fee, even in big cities like New York. In the long run, many companies are exploring alternative workplace strategies that include virtual office space because the associated virtual office technologies are much less expensive than housing employees in a traditional office space.

So if you are looking for a way to cut costs—and keep your best and brightest employees happy—explore a virtual office space from Davinci Virtual Office Solutions.