Do you own a small business?
Keeping a company of any size profitable and running efficiently can sometimes feel like an impossible challenge. That’s because there’s more competition in the marketplace than ever before. Thus you have to work harder to reach your target audience while making sure you have the best employees possible.
But it’s also challenging to find and keep quality employees. So, what’s the secret to attracting the best and brightest? One of the keys is to offer competitive benefits.
Here we take a look at some of the most popular benefits for employees that every employer needs to know about. Keep reading to learn more.
1. Paid Vacation
Let’s start with one of the most popular features of any good employee benefits package. After all, everyone wants and needs vacation time each year. Taking a vacation gives employees the chance to recharge, relax, and simply enjoy the pleasures of a much-needed break.
And if you really want to attract the best employees, you should consider offering them at least 2 weeks a year rather than starting with only one. This will show them you care about their well-being and that you appreciate the job they do for your company.
2. Health Insurance
Quality health insurance is another essential part of a competitive employee benefits package. That’s because your employees need to know they will have excellent medical coverage when they need it.
3. Paid Time Off
More and more employees want paid time off in addition to vacation. This gives them the freedom to take personal days or to schedule appointments without worrying about getting docked on their paycheck.
4. Dental and Vision Insurance
Having good health insurance isn’t enough. Employees also want to know they have quality dental and vision insurance that will keep their teeth and eyes as healthy as the rest of their bodies.
5. Flexible Work Schedule
One of the biggest changes in recent years is the desire to have a flexible work schedule. This is especially true for industries where the hours a person works don’t really matter.
Keep in mind that some employees will prefer to work days while others prefer nights, and many employees also prefer to work remotely. Thus it’s important to accommodate flexible hours whenever possible.
6. Retirement Plan Benefits
Don’t forget retirement plan benefits. After all, no one intends to work forever. The key is to offer attractive retirement plan options that help motivate good employees to stay with your company for the long term.
A Guide to the Most Popular Benefits for Employees
It should come as no surprise that every employee wants a great job just as much as every employer wants the best possible employees. Fortunately, this guide to the most popular benefits for employees will help give both employees and employers alike exactly what they’re looking for.
Please contact us today to learn how we can meet your group insurance needs.