March 01, 2022
Why employee benefits should not be overlooked
Employee benefits in COVID times
7 benefits employers should offer in 2022
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Employee benefits are a great way to attract the best talent, and keep them around as well. However, work environments have changed tremendously in the past couple of years, and the COVID-19 pandemic has done a fair bit to kickstart a new remote work movement.
Today, employer’s have to re-think their benefit packages to match the new needs of employees. So here are 7 benefits employers should consider in 2022.
There are many different aspects that go into choosing a new place of work, and an attractive benefits package certainly is one of them. Especially when you find yourself in a rather competitive market and looking for some of the most educated and skilled employees in your field, offering the right kind of benefits can be the deciding factor for a new talent to join your team.
On top of that, being able to offer extra goodies in addition to an attractive pay can lower employee turnover. This has a direct impact on your business’ cash flow and productivity, as you won’t have to spend time and money looking for a new hire as well as onboarding and training them.
Finally, investing into benefits ultimately is an investment into your employees. By continuously educating and supporting them, as well as offering health and wellbeing support, you play a big role in their overall happiness and motivation—which in turn will lead them to do their best work and positively shape your work culture.
The last two years have been a big challenge for people all over the world. The COVID-19 pandemic has had a massive influence not only on how we interact with other people, but also how and where we work. Working from home has become the new normal, and employee’s are increasingly looking for more flexible working conditions such as remote work.
This new demand for flexible and non-location based work also calls for a general overhaul of pre-COVID benefit packages. A nice office with a lot of gimmicks such as a pool table and free fruits or social events seem almost antiquated, now that we are all used to wearing masks and keeping our distance.
Employee’s needs have changed, and so should the benefits you offer.
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Working from home has become so normalised over the last couple of years that employers who don’t offer this option will eventually run into trouble finding new employees who are willing to go into the office 5 days a week.
But if you want to be competitive, you will have to go one step further: Flexible work conditions including remote work or hybrid models alternating between in-office hours and remote work are in high demand. Allowing employees to choose their own location of work should therefore be included in your benefits package.
This goes hand in hand with flexible working conditions: If you allow your employees to work from home (or from wherever they choose to work), you should make sure they have the right equipment to comfortably and efficiently do so.
This not only includes a laptop and a monitor, but also proper office furniture as well as a stable internet connection and a work phone. Basically, all the things you would usually provide your employees with in an office space.
The pandemic has left a lot of people feeling anxious and alone. Keeping your distance and not being sure what the future holds has a huge impact on our mental health, and it shouldn’t be overlooked in the work space either.
Your employees won’t be able to perform if they are struggling with their mental health. So just as you are probably offering healthcare as part of your benefits, you should also include mental health support and make sure your employees feel supported during this challenging time.
Another important aspect to consider for your benefits is childcare support. Again, one thing that the pandemic really has shone a light on is how much parents have to struggle and sacrifice to combine their family and work life.
Offering childcare support not only takes a huge weight off of your worker’s shoulders, it also shows you care and support a healthy work life balance.
Just as their mental wellbeing, the physical health of your employees is in your best interest. Whether it’d be online fitness classes, a healthy food delivery subscription, or a spa voucher once a month, keeping your employees healthy and balanced should be included in your benefits package.
Just because people are not working in the office full time doesn’t mean they don’t miss the social aspect of spending time with their colleagues. So instead of organising after-work drinks in the office, why not send out a box with your favourite craft beer and a pizza to your employees and have a virtual get-together to build team spirit?
There are many different ways to socialise from home, so don’t forget that there are people with human needs right behind that work screen.
Finally, investing into your employee’s personal development and education is a win-win situation: Your employees can live out their interests and broaden their work experience, while you get to benefit from a more motivated and skilled workforce.
That’s why allocating part of your budget for employee training, whether it is with a couch via zoom or by giving access to online courses, is ultimately a worthwhile business investment.
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