W2 Issues/Concerns

  • This field is for validation purposes and should be left unchanged.

Blog

Check out our weekly blog posts and see the latest news and discussions happening in the HR world of business.

5 Ways Employee Benefits Can Make or Break an Employee’s Decision

Have you ever offered a position to a qualified candidate, only to have them turn down your offer? There are many reasons why this happens, but if everything was going well, it’s possible that your benefits are to blame.

Employee benefits are one of the most important pieces to keeping your workforce healthy and satisfied. As you go through the interview and hiring process, be sure that you have a competitive benefits package to offer new employees.

Here are five ways that an employee benefits package can make or break a candidate’s final decision.

  1. People want to be part of a happy work culture.

No one wants to start a new job and discover that the company morale is poor. Unfortunately, this is the reality for businesses that fail to provide their employees with competitive salaries and benefits packages. A strong benefits program indicates a happier work culture in which employees are valued and respected. People are eager to be a part of that type of workforce.

  1. Good healthcare coverage offers peace of mind for “what if” situations.

Part of having a full-time career is receiving good healthcare coverage. In fact, some people work more for the health insurance than the income! Good health insurance means fewer bills, fewer headaches and fewer phone calls to the insurance companies. Employees also want to know that if they are faced with something unfortunate, such as an illness or injury, they will have the resources to help them.

  1. Vacation and sick days leave more time with family.

Work is important, but life still happens. Knowing that a reasonable number of sick days, bereavement days, and vacation days are built into the benefits package is important for new hires. Research from Monster Insights found that women value vacation time slightly more than men. However, men still rank vacation time highly and value this additional time off.

  1. Employees want to know they can grow with the company.

People like to know that they have room to advance their careers, whether that advancement is in the form of a pay raise or bonus. When presenting a competitive benefits package, it’s important to illustrate the many ways that new employees can grow within the company. Also, a strong retirement plan reassures employees that they can stay and retire with your company.

  1. Good benefits indicate less employee turnover.

With established employee benefits, you send the message that you care about attracting and retaining top talent. People want to know that they matter as individuals to your company. Having a desirable salary is part of this, and strong employee benefits is the missing piece. Employees who feel valued are more likely to remain in the company, resulting in less turnover and better overall working conditions.

By offering excellent benefits, you can retain quality employees, attract new talent, and maintain a competitive workforce. How do you think your current benefits package looks to employees? Is there room for improvement? #AbelCanHelp Contact us today! Visit abelhr.com or call 609.860.0400

Featured BLOGS

  • Achieving A Work-Life Balance While Working At Home

    If your job allows you to work remotely, chances are you are now one of millions of Americans that have all of a sudden found themselves in a telecommuting role! While the initial promise of wearing sweatpants all day and not having to deal with your morning commute are certainly enticing, you may have also found that boundaries quickly become blurred when you work from home.  Below, we outline a few ways that you can ensure that you maintain some semblance of a work-life balance while working from home.  Set a schedule:Much like you have hours that you are expected

  • The Benefits of Temp Staffing

    If you’ve ever found yourself seasonally busy or just experienced a sudden surge in productivity that has left you feeling short of manpower, you might want to consider temporary staffing. Unlike adding a new permanent employee which comes with all the risks associated with onboarding a new hire, opening the door to temporary staffing can allow you to hire a qualified candidate in a pinch, keep them on your roster till things return to normal, and then let them go without any of the guilt once the need passes. Sound like a win-win? Read on to learn just a few of

Archives