A well-thought-out benefits package can be a major asset to any company, regardless of its size. It helps with the recruitment and retention of top employees and can also boost employee morale and productivity. However, many employers struggle to determine what benefits are the most attractive to workers. Here are a few suggestions for insurance products that employees value.
It seems like not that long ago when most full-time jobs offered medical insurance. However, that is no longer the case. By providing employer-sponsored coverage, you will set yourself apart — and above — other companies looking for new recruits. Because costs for major medical insurance can get expensive, it is worth exploring different plans and contribution levels to develop a program that is both affordable and attractive to workers.
Dental and Vision Insurance
These add-on products can be an affordable way to bolster your insurance offerings. You can choose from routine preventative plans to more comprehensive coverage. Alternatively, you can allow your employees to choose the type of plan that best meets their health needs. By introducing cost-sharing into the program, it becomes even more affordable.
Offering life insurance is an affordable way to build on your existing insurance program. Group life coverage is generally affordable, making it attractive to both your company and workers.
It is important to build a comprehensive employee benefits package for your workforce. When considering which insurance products to include, it is a good idea to consider health, dental, vision, and life insurance.