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With answers and feedback in hand you can create a benefitspackage which is more appealing to them, which in turn gives you a competitive edge when attracting and retaining workers. Engage employees and solicit feedback through quarterly employee-benefits round table meetings.
You may already offer a great benefitspackage, but it never hurts to take a second look. Perhaps it is time to explore new wellness benefits or upgrade the available medical coverage options. Some things to consider when evaluating the competitiveness of your company’s benefit plan include: Add an FSA.
Many workers are paying greater attention to their benefits and wondering how to stretch their dollars further. While many employers are familiar with health savings accounts (HSAs) and flexiblespendingaccounts (FSAs), lifestyle spendingaccounts (LSAs) are an emerging benefit that can provide flexible and personalized support to employees.
For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs. This can help employers tailor their benefitspackages to meet their employees' specific needs and preferences. However, the packages should meet the needs and expectations of employees.
Add health savings accounts and flexiblespendingaccounts. Therefore, if possible, incorporate flexibility into your workplace , including remote or hybrid work options and flexible scheduling. Child and elder care assistance (flexiblespendingaccounts or company reimbursements to cover these costs).
With answers and feedback in hand you can create a benefitspackage that is more appealing to them, which in turn gives you a competitive edge when attracting and retaining workers. Engage employees and solicit feedback through quarterly employee-benefits round table meetings.
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