Benefits 101 — What Kind of Benefits are Today’s Workers Looking For?
Crafting relevant and engaging employee benefits packages is a crucial part of engaging and retaining your people and preparing for open enrollment. Whether you're reevaluating your current offerings or looking for fresh insights, it’s important to take the time now to consider whether your benefits packages truly serve your employees’ needs and wants. Keep reading to find strategies for sparking interest in benefits and designing flexible benefits packages that will help make your employees feel valued.???
What to Read
From "The Great Resignation" and "Quiet quitting" to returning to work and "The Big Stay," there are many terms that have helped describe the evolving workplace and the impact of the pandemic over the past few years on talent's shifting priorities and employers' efforts to manage their workforce.?
Figuring out what benefits to offer your employees can sometimes feel like guesswork. Since benefits packages can be costly for employers and are usually — at a minimum — a full-year commitment, it's important that HR leaders carefully consider what benefits options might be right for their employees. Reviewing employee data and asking your employees what they want can help inform decisions about which packages to offer.?
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Offering ancillary benefits, additional types of coverage that complement a traditional health plan, can help your organization land and retain top talent without breaking your budget. While there are some that have become virtually standard, like dental, vision and life insurance, others signal to your employees that you're going above and beyond to help them feel cared for.?
What to Watch?
Employer benefits plans are strongly linked to employee satisfaction and retention. Without an effective strategy to market and communicate those benefits to your diverse, multi-generational workforce, employees may not understand, value, or take advantage of what’s available to them.?
What to Know?
Even though open enrollment season is still a few months off for many organizations, it’s important to stay in the loop about what your employees want. The world is changing fast, and so are the needs of your team. Taking time to check in with your folks and see what benefits really matter to them can make all the difference. Download the guidebook to help ensure you’re staying in touch with what your employees truly want: Shifting Priorities: Understanding and Meeting the Needs of the Modern Employee with the Right Benefits ??
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5 个月Very helpful!
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