Thursday, April 11, 2019

The benefits of benefits

Penny Wise

Benefits are expensive but necessary to attract and keep talent. People are happier at their jobs when they have good benefits.  Although not as sexy as a six figure salary, more than ever, job seekers are considering benefits when job hunting.

The Race


Employers offer good packages to retain good employees. At the top of the list is medical insurance, but job seekers are also demanding a retirement plan, disability insurance and more.  USAA offers a strong 401k program with an 8% match and according to SHRM, the average company in the U.S. matches 6%.
Courtesy: Glassdoor



The reward


Give employees the benefits they value, and they'll be more satisfied, miss fewer workdays, be less likely to quit, and have higher commitment to meeting employer goals," says Joe Lineberry, a senior vice president at Aon Consulting.


















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