Any successful business or organization’s true backbone is a team of happy, satisfied, and productive employees. Business owners and employees need to build a healthy working environment and a practical benefits package to help attract and retain their top talent. But when attracting the best employees, perks are nice, but most individuals are looking for more practical benefits such as healthcare.
Whether you’re running a real estate agency, marketing firm, or selling industrial heating systems, here are the most irresistible benefits you can offer and how you can leverage them to attract and retain the best people for your team.
Ask any job seeker, and you’ll find that they consider dental and medical insurance as the most crucial benefit. These are things that job seekers expect, so if you’re still not offering it, it will be impossible for you to find top talent. It might even get your company in legal trouble as well.
Although buzz-worthy perks such as pet-friendly workplaces and free food are great, they are not the ultimate selling points for most job seekers. Put. You need to offer affordable and comprehensive health insurance.
Allowing your employees to work remotely and offering them a fair and flexible work schedule will help ensure their work-life balance, especially in this pandemic. Working from home and/or a flexible working schedule enables your team to stay safe, attend to their kids, visit their doctor, etc., while still doing their best work.
Likewise, your employees will be able to work during hours that work well with their current schedule. Allowing remote work, within reason, of course, also offer extra benefits like being more productive while working and saving money on commuting.
Also, letting employees work from home indicates to your team that you value results over face-to-face office time. Essentially, innovative businesses empower their employees to work in environments that will be most conducive to creativity and productivity.
The 401(k) Plan
Offering employer-match funds with 401(k) plans shows your employees that your business is stable and poised for growth. Plus, a 401(k) plan for your entire team could cost less than or about the same as a weekly team dinner and show that you value them and think of them well into retirement. Top job candidates are always on the lookout for financially effective benefits and will work for them in the short and long-term.
Reimbursements for Continuing Education
Many young job seekers know how much continuing their education will cost, and most of them are still paying off their student loan debts monthly. With this in mind, offering stipends for continuing education or student loan debt would ease some of the burden off their backs, making them more productive at work.
A Casual Dress Code
While more of a perk than a benefit, a casual dress code at work will help your team bond more effectively with each other and break down the hierarchy for more personal and efficient connections. The freedom to express their individuality through clothing could help make your employees feel more productive, creative, and relaxed.
Modern job seekers have high but realistic expectations of what companies must provide beyond a stable job and paycheck. They’re also actively looking for a working environment that will truly work for them.
In a nutshell, they want the full package, not just a job. And this includes excellent benefits with some perks thrown in to help them plan their future, enjoy work, and reduce financial stress. The right benefits also ensure that you attract the best people and keep them happy.