12 Jun 2018

How employee benefits make your organisation a better place to work

When it comes to attracting and retaining talent, you’ll want to let your employees know that your organisation is one of the best places for them to work. This is because many potential employees are likely to look at what a job can offer them in addition to salary.

Employees who feel like their organisation is a great place to work are more likely to be productive members of the team who will look forward to stepping through those doors each morning. But how can employee benefits contribute to this?

Feeling valued

Showing your employees that they are valued and appreciated through employee benefits can help you to reward them for their input, boosting staff retention and recruitment in turn.

Offering a comprehensive employee benefits package with added rewards such as childcare vouchers or car leasing can help to do this. This lets employees know that you are there to support them through their time in the workplace.

Supporting employees when things go wrong

Life-altering events such as illness, injury, financial problems or stress can have a huge effect on employee wellbeing. Taking good care of your workforce is essential to letting your employees know they are supported in case something goes wrong.

Offering benefits such as private health insurance, financial education and employee assistance programmes assist your employees in times of need.

Assisting employees with their wellbeing

According to Overstretched, overdrawn, undeserved research (2017) conducted by the Money and Mental Health Policy Institute, five per cent of employees in the UK say they find it difficult to make ends meet. This means, to improve job satisfaction, it’s a good idea to assisting staff with their financial wellbeing through employee benefits that can help their money go further.

A benefits package that also offers comprehensive health and wellbeing solutions helps to attract quality employees, decrease absenteeism and reduce staff turnover by improving employee health and morale. By being there for your employees’ health and wellbeing, your staff can be supported throughout their career, creating a more positive and caring place to work.

Attracting the best talent

Employee benefits can help businesses to be more attractive to potential applicants, as they will see your organisation as a great place to work. As well as this, they can cultivate more loyalty and productivity in the workplace, improving job satisfaction.

If you’re looking to make your organisation one of the best places to work, employee benefits are an excellent place to start. With solutions that are often at no cost to you as the employer, what’s not to love?

This article was provided by Busy Bees Benefits.