Clarity Benefit Solutions, a commuter benefits firm, lists the top employee benefits for attracting top talent in a tightened market.
The good news is that across the country the job market is picking up, with unemployment at record lows. For employers, this means they must up the ante to attract and retain top talent. One way to stand out from the competition is to offer a spectacular benefits plan. Here are the top employee benefits for attracting top talent in a tightened market.
Pay for professional memberships. Studies show that the number of companies that cover the cost of professional memberships has risen 20 percent over the past several years. For employers, this is a relatively inexpensive perk, with typical memberships running several hundred dollars per year. Employees will appreciate the monetary savings, and the fact they have networking opportunities available to them through membership in these organizations. Chances are, they will bring fresh new ideas back to the company.
Offer legal assistance. While this benefit may not be top of mind for many companies, companies offering this benefit has nearly doubled recently. Legal assistance plans can work in many ways. A common scenario is to treat it like health insurance, with a minimal deduction from the employee's paycheck, coverage of common needs such as purchasing a house or handling debt collection, and employees can hire attorneys covered under the plan. Employers may also want to reach out to local attorneys.
Ramp up wellness programs. Wellness programs have been realizing huge success. They show that the employer is invested in employees' well-being, both in and out of the workplace. There are so many wellness initiatives and programs, employers can really get creative. Paid gym memberships, yoga classes, weight loss programs, mental health services, and offering seasonal flu vaccines are some of the most popular initiatives.
Allow employees to work remotely. Progressive employers realize that offering the option to work remotely, either from home or another location, makes employees happier, more productive, and more loyal to the company. Research shows that employees who work remotely are nearly half a day more productive than their colleagues in the office on a weekly basis.
About Clarity Benefit Solutions: Clarity Benefit Solutions provides technology that makes the health insurance plan selection process fast, easy, and straightforward. For over two decades, we have provided clients with industry-leading technology, compliance, and exceptional customer service. Our offering is designed to save time and lower the costs of managing benefits while also promoting employee self-service and automated ACA compliance.