If you are a business owner with employees, then I’m sure the term employee benefits has come up around the office, especially amongst your employees. You might not think that employee benefits services are necessary for your staff. This could be a detrimental mistake to the success of your operation.
Looking over these types of job perks can leave you struggling to find employees while your competition is growing. Don’t let your competitors steal the employees you need because they offer better health benefits.
Now that you know why these services are so important, let’s talk about some of the ones employees look for in their health plans. One of the most important benefits that you can offer your hard working personnel is paid vacation time. Everyone likes taking a vacation to an exotic place but even just allowing them time to lounge around the house will fill them with gratitude. Often, they will come back more refreshed and ready to get down to business.
The Best Types of Employee Perks
Student loan restitution is another of the most valued benefits that your employees will enjoy. School can be expensive especially for those who work lower income jobs. Offer your minimum wage employees a student loan reimbursement option when they start working for you. Some of them might currently be in school, and some might be looking into school. If you have employees thinking about quitting and going to school full time, this will help retain them.
Life Insurance is hands down the highest appreciated employee benefit that you can grant your staff. You might happen to own a business with a higher rate of injury or death expectancy. In that case, your personal would love to have this as a perk. Even if you have just a normal, low-risk type operation, accidents happen all the time. Car accidents, fires, heart attacks, old age, to name a few.
Maternity Leave Benefits
By far the most prized employee perk you can provide your female staff would be maternity leave. Some businesses don’t offer this as a health benefit, and they don’t realize how many amazing people they could be missing out on. Don’t make the same mistake these companies are. Take those leads and convert them into some of the best and most qualified members of your team.
The more time you offer for new mothers to spend with their children, the more comfortable they will feel with returning to work when the time comes. Some organizations will offer paternity leave to new fathers as well. Most people don’t think about the father when a new child comes home. Nowadays both parents want to be more proactive in their child’s life. Paternity leave can offer men the much-needed bonding time. They don’t get nine months of their new baby being with them like the mothers do.
How do you decide on what benefits to offer and how much of those do you provide? An employee benefits consultant can help you look through all the different kinds of benefits your potential new-hires will be looking for.