In today’s job market, employees expect more than just a paycheck. They are seeking additional perks and benefits. According to a survey by job site Glassdoor, 80% of employees say they would choose additional benefits over a pay raise.
If you want to recruit the best employees — and keep the ones you have — you may need to upgrade the benefits you offer your employees. From student loan repayment assistance, to dog-friendly offices, to on-site cafes, many companies are trying to stand out among their competitors to attract top talent.
While some of these benefits get more attention than others, there are some benefits that are timeless. According to the results of a survey published in Harvard Business Review, the most-valued employee benefits are health, dental and vision insurance.
Take a more detailed look at what benefits employees want.
1. Health care
It’s no secret that health care costs continue to rise. And, as employees get older, they naturally have more health issues that can require expensive medical interventions, including emergency room visits, surgery and critical care. That’s why health care insurance is something most employees value — and want more of.
Researchers have found that there is a link between oral health and overall health. For example, people who have gum disease are also prone to heart disease and strokes. Keep your employees smiling by offering them a dental care benefit that will encourage them to visit the dentist regularly.
Many of us ignore our eye health until we have trouble seeing, which can lead to headaches and other problems. Regular visits to an optometrist or ophthalmologist are key to keeping your eyes healthy. Providing employees with a vision care benefit will help ensure that they don’t skip this important aspect of their overall health and wellness.
4. On-site gym
Sometimes employees don’t have time to go to the gym before or after work, so many companies have set aside space in their facilities for a gym or an area dedicated to employee exercise. For example, San Diego’s Qualcomm offers its employees 24/7 access to a fitness center that includes a variety of group fitness classes and a complimentary comprehensive fitness evaluation.
5. Free fitness/wellness classes
If you you’re unable to provide your employees access to a gym, you can set aside an office, conference room or break room where they can participate in free fitness and wellness classes. You can bring in a trainer from your community to lead the classes, or perhaps a team of employee volunteers who would like to participate in organizing and leading them.
Offering the right health care benefits can lead to healthier, happier employees, and it can also help you attract and retain the best people for your organization. The benefits — to your people and to your organization — are considerable and well worth the investment.
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