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| LVs vs Canteens or Cash |
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Cash v Luncheon Vouchers
A cash allowance for meals and refreshments soon becomes seen as just part of salary. There's nothing to say it gets spent on food, so that aspect of its value as a benefit quickly vanishes.
Staff restaurants v Luncheon Vouchers
A staff restaurant can be a very expensive overhead. Average usage is less than 50%, and the majority of your workforce will see no benefit whatsoever.
As a compliment to your existing canteen
Luncheon Vouchers are also used to subsidise a staff restaurant as an option to charging lower prices. What's more, by offering a choice at mealtimes, you're creating a marvelous incentive to keep your existing caterers up to the mark, thereby making sure that complacency doesn't creep into the menu.
As an addition to your existing benefits package
Whatever else you offer is unlikely to have such universal appeal. Other benefits may only be taken up in times of individual need, or only apply to specific groups. Luncheon Vouchers can be used by everybody, every day.
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