Providing unique employee benefits is a great way to stand out from the competition in order to attract and retain the best employees. Offering substantial benefits packages builds employee loyalty, which is especially important during the nation’s current labor shortage.
Here are five out-of-the-box ideas to offer for employee benefits:
1. Flexible work options
According to a Catalyst/CNBC poll, approximately 76% of employees want their company to offer flexible work options permanently, even after pandemic restrictions are lifted. These options can include flexible work hours, working from home, or even working in the office on weekends in exchange for a couple of weekdays off.
2. Mental health resources
Adding more mental health resources to your employee benefits package can help support your staff during stressful times. Mental health resources may include psychological counseling or even access to meditation apps, which can help your employees reduce their stress levels and improve their overall productivity.
3. Additional training programs or a professional development fund
Offering training programs or a professional development fund to your employees is a great way to help them reach their goals. It can also help you attract and retain top talent, as employees who are given opportunities to improve their skills and pursue their career goals are often more satisfied in their jobs.
4. Dependent care options
Adding dependent care to your benefits package is a great way to help your employees overcome employee childcare issues. Options can include on-site childcare or even a subsidy for high-quality care, which can reduce the financial burden.
5. Employee reward programs
Employee reward programs are designed to recognize employees for their hard work and dedication. Rewards offered through these programs can include anything from cash bonuses, paid time off, gift cards, and more.
Source: https://www.catalyst.org/research/flexibility-demand-future-of-work/