Medical, including mental health, dental, and vision coverage remain among the most important considerations for individuals joining
Moreover, talented prospective employees understand that health insurance benefits are quite diverse and are, therefore, discerning about their choices. We offer access to robust plans from multiple carriers, each may include a wide range of deductible and copay choices, as well as coverage for alternative treatments like chiropractic care.
Saving for retirement has always been a concern, but the near total disappearance of employer-sponsored pension plans has raised employees’ anxiety about whether they can save enough. With an average total retirement savings rate of 10.5% for workers ages 25 to 34 and 8% for workers under 25, these employees likely aren’t saving enough to meet their retirement goals. Therefore, offering access to retirement plans like 401(k) plans that help employees reach their retirement savings goals can be a significant factor in attracting and retaining talent.
Short-term disability insurance provides employees who have either unpaid sick leave or who exhaust their accrued paid sick leave with a certain level of wage replacement. It’s especially valuable for employees who suffer an accident, unexpected surgery or illness with a long recovery time.
For employees at all stages of their career, life insurance is an important tool for protecting assets. Buying a life insurance policy through an employer typically allows employees to obtain coverage at more affordable rates than policies purchased on an individual basis.
A choice of programs that deliver private and equitable access to benefits that efficiently adapt to changing times and circumstances, such as those that support the need for medical travel, adoption assistance, education or disaster relief
Training, education and mentoring programs that give employees growth opportunities and more control over their career paths2
Unlimited paid time off, a structure in which employees are not assigned a set number of paid days off but, rather, have the freedom to take time off when needed as long
as doing so will not disrupt business3
Wellness programs that reward healthy behavior
Subsidized childcare or senior care
Phased retirement programs that allow employees approaching retirement age to continue working with a reduced workload as they transition from full-time work to full-time retirement
Paid sabbaticals offer employees the opportunity to take extended time off for rest, relaxation, and personal or professional development, while still receiving a salary. These programs can help to improve employee morale and retention, as well as promoting work-life balance.
On-site free or subsidized services (e.g., meals, gym, dry cleaning, childcare and grooming services)
On-site health care (including mental health)
Employee assistance programs provide support and resources to employees who may be struggling with personal or professional issues, such as stress, financial difficulties, or substance abuse. These programs can help to improve employee well-being and productivity, while also reducing the risk of burnout.