In 2019 small businesses, featuring staffing of 2 or more employees should focus on providing a strong set of employee benefits to build a strong team, keep the best employees and lure in top workers. Due to the fact putting together a personal set of work benefits like health insurance and a strong 401k that are self-funded isn’t feasible for your average person, it turns out a strong benefits package may carry more value than high wages. Surveys bear this fact out. The fact is most employees want more benefits as opposed to increased compensation. Oddly though, it turns out that lots of employees do not make the most of their benefits package offered by their employers. This fact ends up hurting both the employee and the employer, due to the fact each one comes up short with respect to a better picture. Employees would be better off in several areas such as increased retirement savings and life insurance coverage in the event of an untimely death. Employers would be better off if more benefits were used because it would translate into a better picture for its employees and a more satisfied work force for the company. Featured below are a set of sure-fire strategies to motivate employees to take full advantage of all their benefits.
Send Out a Benefit of the Month Presentation – Push out a printed
presentation or send a “Highly Sensitive Must Read” email highlighting a
Benefit of the Month. By highlighting benefits available all year long employees will know their benefits package, how to sign up and make the most of them.
Harness Today’s High Tech to Make it Happen – Look at signing up for a full-service payroll services plan that includes benefits on-boarding and
administration like the one offered by Albuquerque, NM, based Payroll Company. The Payroll Company’s web based benefits administration program, which is available nationwide, provides a platform that allows employees the ability to review their benefits, make changes to it and see their time off and current payroll figures.
Be Brave and Request Suggestions – Benefits are only going to work
if employees are signing up for them. That means if employees are not signing up then there’s a problem that needs addressing. Request suggestions via an anonymous survey or better yet, hold a meeting with a written set of benefits built into a survey and meeting agenda to improve the company’s benefits package sent out a day in advance via email. Advise employees they need to write down responses to the survey before the meeting. Make it your goal to come away from the meeting with information that will help you develop a better benefits package for the
Be sure to let your employees know the benefits offered are being provided to improve their lives and to make the company a place that support its staff with both wages and a solid benefits package. Make certain you communicate the company values them with respect to their well-being, health and work they provide.