Many employers offer attractive work benefits to entice people to apply to their company. It also helps to boost morale and increase productivity and overall well-being. These packages include short-term benefits like extra paid leave days or an expense budget.
Long-term benefits that most employees look for are pension schemes and healthcare. Let’s look at the seven benefits employees will surely appreciate.
Life Insurance
To keep retention high, companies offer life insurance if the employee continues to work for them. Usually, if an employee dies and has life insurance, a sum is provided to the employee’s immediate family. Another way life insurance benefits an employee is if they are diagnosed with a terminally ill disease. In this case, the worker is also provided with a large sum of money.
Retirement Plans
Employees like to have private pension schemes to ensure they will lead a good life long after they stop working. These pension schemes provide a safe retirement plan; employees usually have a bigger pension the longer they stay at their current job. Pension schemes are one of the essential benefits because they can plan when they can retire.
Health and Dental Coverage
As a standard work benefit, employees have access to private healthcare and other exclusive features not available on public healthcare plans. While health coverage is normal, dental coverage is not so much. Thus, offering this in your benefits package will undoubtedly attract more applicants. You can include dental plans that provide annual checkups, X-rays, and extended procedures. Employers can look at BlackHawk network competitors to choose a comprehensive benefits package that includes things like dental and vision care.
Paid Time Off
Paid time off is mandatory. However, only some employers offer the same benefits. Some employers increase the time the longer you stay at a company. Others provide the option to buy more time off if needed. Each company sets its own rules. They also need to offer sick pay days, and usually, it’s up to 28 days.
Extended Leave
Extended leave is different from paid time off, or sick paid days. It’s usually the extra days an employee could take without being paid. Many employees will appreciate extended leave in case of an emergency, a sabbatical, or if they need to take care of a sick family member.
Family Leave
Another type of leave is family leave. It usually includes maternity or paternity leave. Some employees only offer the minimum days of family leave, while others go the extra mile for their employees and offer additional days to stay with their babies. Employees that want to start a family or plan to have more children will find companies with extended family leave more attractive.
Gym Membership
Employees feel valued when they get memberships and discounts to certain facilities. One of the most appreciated benefits is a gym membership. This also helps with the overall well-being of an employee. Some companies go beyond and provide gym memberships for immediate family members.
A business that invests in its employees is instantly more attractive when people search for other jobs. In addition, people like to work for a company that cares about their wellness by providing extra incentives for being productive.
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