Today’s tight job market makes it very difficult to not only attract great employees, but keep them once you’ve found them. One of the best ways to recruit and retain the best talent is to offer a top-notch benefits package. But what is it that employees are really looking for?
Health Insurance Tops the List
Not surprisingly, recent studies show that better health, dental and vision benefits are what employees want the most. A whopping 88% of respondents said they would consider this when deciding whether to accept a job. People need access to doctors and hospitals and this is the most important benefit an employer can provide to show that they care about the well-being of their employees.
Flexible Hours Are a Close Second
The next most-valued benefits focus on flexible work options and include more vacation time, flexible working hours and work-from-home options. These types of benefits improve the work-life balance and people give strong consideration to jobs that offer them. And the good news for employers is that they are a great, sometimes no-cost, way to enhance a job offer.
Unlimited Vacation Time is a Good Option
While it may be hard to believe, offering unlimited vacation time can benefit both the employee and the company. Unused vacation time often leads to huge payouts when an employee leaves. Offering unlimited days off eliminates this cost, improves employee morale, actually makes employees MORE productive and makes the company much more attractive to potential new hires.
Benefits That Impact Finances are More Valuable
Tuition and student loan assistance also make the list of highly desirable benefits, and many people would be willing to accept a lower-paying job if these benefits were available. Perks such as free coffee or snacks, company outings or team bonding experiences rank at the lower end of the list and may not make much of a difference in a job candidate’s final decision.
The most important component of a good benefits package is the health insurance plan so it makes sense to review it regularly. At Webb Financial, we know benefits and we know how to get you the best plans at the best rates. Contact us at 847-604-5434 or insurancebywebb.com to see how we can ensure you have the best options available to attract and keep the best employees.
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