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Yet many business owners today still seem hesitant to invest in better coverage or more paidvacation hours to woo new talent. Vision coverage. Some paid parental leave. And if you’re really shooting for the moon, you may even provide a few of these: Unlimited vacation time. A matching 401(k) or pension.
Be prepared to share: The company culture, mission, vision and values. Focus on: Sharing your company’s mission, vision and values Giving details about the different benefits and perks offered for the position Preparing for their questions regarding why you love your job. Summing it all up. What makes the company sizzle?
Dental insurance and vision insurance. Paid sick days encourage ill workers to stay home. Likewise, paidvacation days offer the opportunity for workers to recharge. Many organizations no longer distinguish between sick days and vacation days. They come back to the office more refreshed and productive.
. "Six years later, after the decision that others said would destroy his business, Dan reports that revenue has tripled, the customer base has doubled, 70% of his employees have paid down debt, many bought homes for the first time, 401(k) contributions grew by 155% and turnover dropped in half.
These may include: Health insurance: Comprehensive medical, dental, and vision coverage is essential for employees and their families. A strong retirement plan can include: 401(k) plans: Many employers offer 401(k) plans that allow employees to save for retirement with pre-tax contributions.
In addition to traditional medical, dental, and vision plans, some organizations offer more specialized plans, such as mental health coverage, disability insurance, or telemedicine services. One of the most notable benefits is its unlimited paidvacation policy, which allows employees to take time off whenever they need it.
Let’s take a closer look at just why benefits – ranging from old standbys like health care and paidvacation to relatively new offerings like paid time off to do volunteer work or pet insurance – can play such a critical role in the race for talent: How much benefits matter.
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