Prospective employees for your company will be thinking about several things as they evaluate their options, and their potential benefits in various jobs will definitely be on this list. Most employers are well aware that having good benefits is important for drawing in top talent – how do you know which benefits are best to have as part of your program, though?
At WTA Inc., we’re happy to provide employee benefits administration and numerous other human resource services to clients around Salt Lake City. This two-part blog series will go over all the various benefits you might offer and which tend to hold the most weight, from specific parts of their benefits packages to broader topics that also function in similar ways.
Scheduling and Location Flexibility
One of those broader topics that often holds major weight for prospective employees is the ability to have scheduling flexibility or location flexibility. This could mean allowing workers to telecommute, setting up flex-schedules that let them work around their own needs and obligations, or simply making things easier by having shorter commutes for their job sites.
Compensation and Retirement Benefits
For jobs that are already fairly stable, offering good compensation and retirement benefits will often weigh heavily on prospective employees’ decisions. Offering a competitive salary or higher-than-average salaries can be one way to draw in top talent, as well as giving them access to retirement accounts such as 401ks or IRAs that they can contribute to over time.
Healthcare Benefits
Moving to specific parts of the benefits package, healthcare is always a top priority for most employees. Health insurance is an absolute must-have in the modern world; even if it’s simply access to a traditional plan, making sure that your employees have at least some coverage can make all the difference when looking for new hires.
Furthermore, additional perks and benefits such as vision or dental plans often take precedence when employees are looking for a job. Having these extra options available can make a major impact and help you to stand out from the competition.
Shorter Work Week
In other cases, employees are looking for a more flexible and relaxed approach to their job that still allows them to stay employed. Shorter work weeks can be a great way to offer this, along with other perks like paid vacation days or sick leave.
Parental or Fertility Benefits
More and more companies are recognizing the importance of offering parental or fertility benefits to their employees, such as paid leave or access to childcare. These kinds of options can make a major difference in helping prospective parents decide where they’d like to work and can give them peace of mind when it comes to how they’ll be able to care for their children and families.
In part two of our series, we’ll go over additional benefits that can help you draw in the best talent, from educational benefits to employee recognition.
At WTA Inc., we understand how important the right benefits can be when it comes to bringing in top talent. Our experienced staff is happy to answer any questions you may have and provide human resources solutions that are tailored to your needs. Contact us today to learn more about how our services can help you draw in the best employees possible.