employers can create a tailored benefits program that aligns with employees’ needs. These impactful plans allow employers to create every aspect of the program, including funding, use and eligibility requirements.
Promote, improve benefits packages
Flexibility is key to success. Adjusting and staying up to date with new trends and opportunities helps you retain your current workforce. Offering updated benefits packages and competitive salaries sets the tone for attracting and retaining talent. Be sure to highlight your benefits and compensation package in job listings.
Once new employees are hired, it’s vital to have a meeting to explain the company’s benefits and help them sign up. Make sure employees understand the value of the benefits you offer. In addition to direct communication, highlight covered services and rewards programs that might be built into the company’s insurance services.
Employers should also look at promoting benefits outside of open enrollment. Help employees understand the benefits they can add/change all year long. This will help employees get the most out of their benefits and helps employers understand what employees value.
Add what employees value
Companies have found success in offering unique benefits not typically found in other workplaces. Look for opportunities to appeal to personal needs or passions. Consider a total rewards strategy in which employees can select from a variety of benefits that are important to them.
Creative benefits can include everything from providing employees with Audible or Spotify memberships to having a “bring your pet to work” day. With more employees working remotely than ever before, employers should also consider providing benefits to employees working from home, too, like covering the cost of setting up the employee’s home office.
In order to best support employee well-being, start by amplifying the resources that already exist within your organization. Next, encourage employees to take ownership of how they leverage those tools and finally be proactive in providing appropriate resources so everyone has what they need now and going forward.
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