You've worked hard to craft a benefits package that is of value to your employees, but the work doesn't end there. Educating your employees about their benefits is key to an engaged and productive workforce. Here are a few reasons why employee benefits engagement is important.
1. Benefits promote higher retention, lower turnover.
Employees that feel valued in the workplace are much less likely to leave, and the best way to demonstrate that you value your employees is a robust benefits package that directly improves their lives. Things like healthcare, life insurance, and accidental injury insurance show that you are thinking of the well being of your employees as a priority, and I, return they will consider the well being of the company as a priority.
2. Healthy employees are productive employees
Many benefits are tied directly to an employee's health, and an employee's health is tied directly to their productivity and quality of work so it's important that your employees fully understand and engage with benefits that promote health and wellness.
Health insurance, in particular, can be quite complicated and it pays off to take the time to fully educate your employees on their options so that they are less reluctant to seek medical care when it's needed.
3. Unique benefits can make work more enjoyable
Aside from the standard benefits, many businesses are beginning to offer things like gym memberships, remote work opportunities, and employee purchasing programs. When employees feel that they are being rewarded for their hard work, they are less likely to be absent from the office and will be more productive and accurate in their work.
Unfortunately, even if you offer unique and exciting benefits, many employees will end up glossing over them or not understanding them fully. By taking the time to educate employees on their opportunities for benefits you can make the workday a little less stressful and a little more fun.
4. Benefits set you apart from the competition
It's true, many employees would even take a good benefits package over a pay raise. It's also true that many employees are woefully uneducated about the benefits offered to them. A great benefits package is only great if it has a great employee benefits engagement program to go along with it. That's why it's important to really take the time to learn what your employees respond to and how to best communicate what your benefits package offers.
In a market skewed towards the job seekers, a hefty salary and corporate prestige are no longer enough. Your benefits package is key to attracting and retaining the talent your business needs to thrive. Please contact us at Summerlin-Roberts to learn more about what we have to offer, including our employee benefits engagement services.