The importance of benefits & perks

The importance of benefits and perks

What benefits and perks are you offering your employees? You may wonder why this is a hot topic of conversation in today’s society. Well, we are here to tell you that employee benefits and perks are what is attracting and retaining today’s top talent. If you want to continue to stay staffed then offering a competitive benefits package should be your number one priority. 

The importance of benefits & perks:

  1. Attract today’s top talent
  2. Decrease turnover rate 
  3. Increase employee engagement 

Attract today’s top talent 

Are you having trouble attracting today’s top talent? If so, keep in mind that the salary offer might not be enough. Don’t focus on the things that mattered 10-20 years ago, times are changing and today’s employees are valuing different things than what they used to. Things like gym memberships, free office snacks, great healthcare, vacation time, and caring about their life outside of work are huge when considering your benefits package. 

Decrease turnover rate 

When you treat people like they matter, they won’t ever want to leave. If your employees feel like they make a difference and that you care about them, they won’t consider leaving. When jobs and coworkers become more like a group of friends, you will see your turnover rate decrease over time. It’s important to create a work culture that other companies want to duplicate. 

Increase employee engagement 

Do you want your employees to be engaged and increase performance? Offer them a great benefits and perks package. When people feel appreciated they will always do more than expected. Don’t get so caught up in the cost of the benefits package that you forget that it too will produce ROI for your company. When employees are engaged, they will improve their performance and become long-term members of the company. Which in return will save you money from hiring and firing and it will also produce a better product in a more time-efficient manner. 

If you are looking for more ways to offer great perks for your employees sending out surveys is a great place to start. This way, you are able to see what is important to each individual. While perks may differ from employee to employee you should see a general consensus when you view the results. Letting your employees know they matter not just as employees, but as individuals outside of work will always be worth the cost. 

To learn how Custom Staffing can elevate your career, contact us at 419-221-3097 or apply online.