In today’s workplace, employees are more demanding than ever before when it comes to their benefits and wellbeing packages. They want more than just the basic health insurance and retirement savings plans that were once considered standard. They want benefits that support their physical and mental health, their financial security and their work-life balance.
A recent survey by Willis Towers Watson found that the top three benefits that employees want are:
Health insurance: This is still the most important benefit for most employees, but they are also looking for more comprehensive coverage that includes dental, vision and mental health benefits.
Paid time off: Employees want more vacation days, sick days and personal days so that they can have time to relax and recharge.
Flexible work arrangements: Employees want more flexibility in their work schedules so that they can balance their work and personal lives.
In addition to these top three benefits, employees are also looking for benefits that support their financial security, such as retirement savings plans, life insurance and disability insurance. They are also looking for benefits that support their physical and mental health, such as on-site fitness centers, stress management programs and mental health counselling.
A study by the Society for Human Resource Management found that employees who are satisfied with their benefits are more likely to be engaged in their work and to stay with their company. They are also more likely to be productive and to have a positive attitude.
It is well known that employers who want to attract and retain top talent need to offer a comprehensive benefits and wellbeing package that meets the needs of their employees. By offering the right benefits, employers can create a workplace where employees are healthier, happier and more productive.
Here are some additional benefits that employees are increasingly looking for:
Tuition reimbursement: This benefit can help employees further their education and advance their careers.
Employee discounts: This benefit can give employees discounts on products and services from the company or its partners.
Free snacks and drinks: This is a small perk that can make a big difference in employees’ morale.
Pet-friendly workplaces: This is a great option for employees who have pets.
Wellness programs: These programs can help employees improve their physical and mental health. They may include things like on-site fitness centers, health screenings, and stress management workshops.
What’s the most important perk for you?