In part one of this two-part blog series, we looked at some of the kinds of benefits that tend to hold the most weight for both employees and employers alike. Offering great benefits packages is one major way for businesses to attract and retain quality employees, and a key piece of this process involves selecting the right benefits to offer.
At WTA Inc., we offer a wide range of HR services to clients around Salt Lake City, including employee benefits administration and more. While part one of our series went over benefits like scheduling, compensation, healthcare and fertility options, today’s part two will look at some other key benefits you should be thinking about offering to employees.
Sabbatical Achievements
Especially for businesses that pride themselves on long-term retention of employees, sabbatical achievements can be a great way to reward hard work and dedication. By allowing your employees to choose from different types of sabbaticals, including extended time off or a change in roles, you’ll show them that their continued success is valued and respected.
Perk Stipends
Also known as lifestyle spending accounts or perk allowances, perk stip your employees with a certain amount of money that they can spend on lifestyle benefits like gym memberships, childcare or even an Uber ride home at the end of a long workday. This type of benefit allows your employees to choose what best suits their needs and make them feel appreciated without feeling guilty for “spending” company money.
Continued Education & Training
Investing in your employees’ continued education and training shows them that you value their growth as professionals. This could include attending conferences, taking classes or even having a mentor on staff to guide development within the company. It’s important to provide support for career advancement so that employees feel like their skills are being used and that their hard work is being rewarded.
Wellness Programs
Many employers are getting on board with the idea of offering wellness programs to their staff. This could include anything from providing free yoga classes or gym membership discounts, to hosting regular health screenings or even sponsoring a lunchtime walking club. Having access to these types of offerings can help employees stay healthy and feel more engaged in their work.
Commuter Benefits
Another great way to show your employees that you value their time and resources is to provide them with commuter benefits. This could include anything from providing discounted public transit passes or bike shares to offering reimbursement for parking fees and carpooling.
By offering the right benefits, businesses can show their employees that they care about their success and well-being both inside and outside of the office. Offering a comprehensive package of benefits can increase employee retention, attract top talent and improve overall engagement and morale. With the right combination of benefits, businesses can create a work environment that is both productive and enjoyable.
At WTA Inc., we specialize in helping clients select the best benefits packages for their business. To learn more about our services in this or other HR areas, contact us today!