Most companies use a tactic in attracting potential employees. It is essential to provide your existing employees with a just benefits package to ensure longevity and quality of work. Companies should be creative in creating perks that would surely be undoubtedly beneficial to the entire organization.
There are many ways on how you can make your employee benefits as enticing as it can. Perks like free lunches and recreational activities can already capture the attention of most employees. Vacation packages are also a good idea. It would also be advisable to give them skill enhancement training so they can add it to their portfolio.
It is understandable that some companies cannot afford to offer their employees these employee benefits. The good news is that you don’t need to break the bank to create a package that will encourage your employees.
Better Personal and Health Insurances
According to several studies, employees give personal and health insurances much consideration when applying for a job. Undeniably, health insurances are one of the most expensive benefits to offer to your employees.
Companies can apply for a corporate account to enjoy the discounts and rebates offered by the providers. They are relatively cheaper compared to individual insurances. It would be best if the company can extend it to the family members of the employees.
Some companies claim that their employees tend to stay longer when they currently have health insurance for themselves and their families.
The next most promising employee benefit that employees can receive is extended vacation time and options for remote jobs. Some key employees couldn’t contribute much to productivity due to some personal factors.
Employees dream of a work-life balance. Working Mothers would have more time for the family. Singles can spend more time enhancing their skills; others would have more time to unwind from their stressful tasks at work.
Companies should realize the importance of flexibility when it comes to working hours and family time. If not given proper attention, the health and quality of life of the employees will be affected. This will only lead to a less productivity.
Loan and Financial Assistance
Last but not the least, employee benefits should include the option for the employees to file a company loan for their personal needs. Companies should understand that not all of their employees have the same financial capacities.
It would surely be an attractive employee package if companies will open this opportunity to their employees. The management can set the time frame wherein the employee can pay it in installment basis.
Creating the right mix of employee benefits is crucial in maintaining the balance in the company. It is also a cost-effective plan for attracting key talents and keeping them all happy and satisfied with their jobs. At First Iowa Insurance Agency, Inc., we aim to make our client's life easier with policies that are tailored to their needs. You can get more information about our products and services by calling our agency at (319) 393-5262. Get your free quote today by CLICKING HERE.