It’s important to give your employees the best benefits to retain them. Life insurance, 401(k) plans, vision insurance, and dental insurance are among the benefits today’s workforce expects you to offer. But in today’s corporate landscape, more companies are gearing toward a holistic employee experience.
Industry expert, hixme.com, notes that traditional benefits are stuck in the past. Companies should now be more attuned to the financial, emotional and physical well-being of their employees to keep top talent.
These three non-traditional benefits should help you achieve that:
1. Onsite Childcare
Many working parents struggle to find suitable childcare, especially those who raise their kids as single parents. An onsite childcare benefit will help your employees focus more on their work because it provides them with a sense of security, knowing their children are right there learning and playing safely.
2. Protection From Identity Theft
If employees have to deal with identity theft, they may need to take some time off from work. It may also affect their productivity as they deal with the anxieties that come with it. Offering this benefit will make the whole process easier for them, and consequently get them back to work faster.
3. Financial Counseling
According to the 2017 data from the Federal Reserve, Americans have over $999 billion in credit card debt. Some of your employees may be faced with this. Don’t just give them money to cover their expenses and pay their debts; teach them how to manage their finances by offering financial counseling. This will not only help them reduce debt, but also show them how to grow their wealth and keep a well-managed budget.
You can be more creative as you offer benefits like these to your employees. And you’ll be showing them that they’re working for a company that truly cares not only for them but for their families as well.Tags: Employee Retention, HR, productivity