Salaries alone will not make your employees happy. If you agree that a happy workforce is a productive workforce, then come 2021, that’s what you should be aiming for. A majority of companies agree that their most valuable assets are their people, so why shouldn’t you offer them the best of what you can? In fact, a recent survey showed that 48% of employees would weigh company benefits and perks before they sign the contract. Do you know that free snacks and coffee might get you that top talent?
Life, health, dental, unemployment, and retirement are the most important and basic things for employees. With the coronavirus pandemic still threatening the health of your workforce, health insurance is now more important than ever. That also includes dental coverage and unemployment insurance in case you suddenly have to lay off workers. Employees are also looking after their families, so they want life insurance, which should protect their families if something happens to them on the job.
The sedentary nature of office work is detrimental to the health and wellbeing of your employees. That’s why they also value wellness programs. They love getting gym membership discounts or at least a facility in the office with a treadmill and other cardio equipment. Most employers forget about the stress that the job causes the workers. Managing stress through chiropractic treatment is one of the modern-day perks that employees will surely want as part of their compensation package.
Employee Discounts and Perks
Have you partnered with some local shops and restaurants? Perhaps, your employees can get exclusive discounts from them? Or, they can get double the rewards points every time they shop. These are great x-deals that will work well in recruiting the top talent in your industry. If you want to be the best, you have to have the best. And if you want the best, you need to offer the best.
Prescription Drugs Discount
Sure, you’re already offering a health insurance plan as part of the compensation package, but costly medications will need your employees to shell out more than $40 for the copay. This does not bode well for many, so that’s why they are looking for a prescription drug discount in their compensation package. You can partner with some companies that offer lower out-of-pocket prescription costs for employees.
Employee Care Packages
Employees want to know that their employers value them. How can you do that when some of your employees are working from home? You can send them care packages. These packages usually consist of things they will need for their work—wireless headphones, healthy snacks, essential oils, etc. You can partner with an employee care platform to curate care packages for your workers, especially this holiday season.
For millennial workers, the environment in the office is one of the most important things that matter to their well-being. What are the kinds of office perks that they are looking for? A game room, an in-house gym, a spa, free food and coffee, and team building activities. These, along with the fun ambiance of the office, will make top talents want to stay with you.
Are you the kind of employer who feels that the only thing you should provide your employees is their salaries? Do you feel that giving them more than what’s required by law is too much? They work as hard as you (sometimes, more). You are surviving because of your employees. It’s only right for you to care about their well-being, mental health, plans, and productivity. A happy workforce is a more productive workforce. And a more productive workforce only means one thing for your business—revenues.