Employee Benefits: What Should You Be Offering?

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Staff tend to be the backbone of any company. They’re the people who keep the cogs turning and ensure that all tasks are complete, whether that’s managing your marketing campaigns, assisting customers, fulfilling orders or anything else. It’s important that you treat your staff as well as possible, purely from a moral perspective. After all, these are the people who are driving your success and building your fortune. On top of this, you want to treat your staff well in order to retain them. A high staff turnover is never a positive thing for any business. It results in increased recruitment costs, inconsistency in the workplace and can have a detrimental impact on both workplace morale and productivity. Offering employee benefits can help with recruitment and keeping staff on board. Let’s take a moment to consider what employee benefits you should be offering.

Healthcare

Healthcare is one of the most desired workplace benefits that people look for. You should look into different healthcare packages that you can provide your staff with, as well as looking into dental insurance vs dental plan to find which will best suit your team members’ needs. This benefits your company too, as staff with good healthcare are likely to be healthier, happier, more productive and less likely to take periods off work unwell due to being unable to get the care they need.

Remote Work

During the Covid-19 pandemic, many people found themselves working from home. Many people also found that they enjoyed working from home – more so than working in-office. This isn’t all too surprising. After all, there are benefits that come hand in hand with this type of work. You don’t have to pay to commute and park, you don’t spend time commuting, you work in an environment that you find comfortable, you can make healthier and better quality lunches with access to a kitchen and you use your own bathroom facilities, rather than shared facilities. You may find that offering the option of remote work or hybrid work can be a great benefit for your staff.

Flexible Working Hours

People have demands in their life around work and it can prove greatly beneficial to provide people with flexible working hours that allow them to manage and meet all of the demands placed on them. Whether that’s being able to do the school run or attend medical appointments. Make sure that the rules on flexible working are clear and ensure that staff still meet their working hours to benefit from this as best possible.

Life Insurance

Many workplaces nowadays offer a life insurance scheme for employees that provides their dependents or loved ones with a payout should they pass away during their time working for you. This can provide a real sense of security to your team members and can waive worries that they may have about leaving their loved one’s without anything.

These are just a few examples of popular employee benefits. Each can greatly improve your recruitment process and staff retention rates!