This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
These are all areas where your organization’s employee benefits can help. Your financial wellness program is all about saving money, for example, while your wellness program and healthcarebenefits can help employees gain control of their mental and physical wellbeing.
According to SHRM, 56% of US employees with employer-sponsored healthcarebenefits surveyed said whether or not they like their healthcare plan is a key component in their decision to stay with their current job. However, simply providing paid time off may not be not enough for employees to enjoy the benefits.
The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit. Healthcarebenefits can be wide-ranging, but usually include some sort of insurance package that helps make medical costs more affordable for employees.
As an HR professional you know this: no matter how many times you explain and review your healthcarebenefits, many people will not hear the answer to a question until it’s their question. Communicate relentlessly, repeat, post info, put it online, accept calls and hallway stops to answer questions about your healthcare coverage.
Generous paid time off (PTO) Providing generous vacation policies is an attractive benefit for employees. Unlimited PTO: Companies like Netflix have implemented unlimited vacation policies, empowering employees to take the necessary time without fear of losing their jobs. Is PTO paid time off?
Corporate wellness programs will impact physical wellbeing Beyond traditional healthcarebenefits, employers are increasingly recognizing the need to invest in comprehensive corporate wellness programs. Costco, for instance, is known for offering high-quality healthcarebenefits to its employees at a reasonable cost.
REI tries to orient their work culture around the benefits of being outdoors both physically and mentally. or Paid Time Off (PTO). REI takes its employee benefits and employee engagement pretty seriously. Healthcarebenefits are offered to full-timers as well as part-timers (a rare thing in any company).
We organize all of the trending information in your field so you don't have to. Join 46,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content