Hi, in this bite I will share with you
a top four employee benefits that will teach you
how to attract new talent and retain existing talent
in your organization.
If you don't currently offer these incentives to your staff,
you may want to consider them.
Stay tuned.
What benefits does your company offer its employees?
This question tends to pop up in a lot of job interviews,
often right after the interviewer asks,
"Do you have any questions for me?"
And employee benefits are a fair thing to inquire about,
since most of us would like to know the perks
that a job will give us before we agree
to sign on with a new employer.
It's important then to know what benefits
employees value most.
So what are the top four benefits
employees are interested in?
One, flexible hours.
In a recent fractal survey 88% of respondents said
they'd give some or heavy considerations
to a job offering more flexible hours.
If you currently require workers to be in the office
for a said period of time everyday,
stop to consider whether it is truly necessary.
For example, you may have one employee who prefers
to work from 7:00 a.m. to 3:00 p.m.
so that he can pick up his kids
from school in the afternoon
and another who likes to sleep in
and be at her desk from 10:00 a.m. to 6:00 p.m.
If they can both meet deadlines
then what's the harm in letting them set their own hours?
This can make things substantially easier for employees
and encourage them to stick around.
Two, the opportunity to work from home.
Obviously this may not be a practical idea
for every business.
If the kind of work that you need your employees to complete
requires special equipment, confidential information
or face to face interactions
then it may be unfeasible to preform tasks remotely.
But if an employee's job can be done
from their home computer, then maybe
they should be given the option to work this way.
Being able to work from home is the kind of perk
that people often brag about their job offering.
According to Forbes 45% of at home workers
love their job, but only 24% of in office workers
expressed a similar sentiment.
So having this employee benefit on the table
may raise a substantial amount of interest in your company.
Three, vacation time.
Far too many business owners fail to provide
vacation days, even unpaid time off to their employees.
Some businesses that do allow employees
to take vacations often avoid discussing it with new hires
and/or pressure long time employees
to not take time off unless it's absolutely necessary.
This is usually a bad idea.
Folks who aren't give time off are more prone to burnout
and they may also feel unappreciated
or taken advantage of.
On the other hand, granting employees vacation time,
especially paid vacation time,
reassures them that you see them as human beings
with lives and interests outside of the office.
It's a sign that you take their mental health
and well being seriously.
Four, paid parental leave.
Any parent will tell you that caring for a newborn baby
can be stressful and exhausting,
but it's also expensive, which is why many new parents
who don't receive paid leave from their jobs
often wind up returning to work
much sooner than they'd like.
Though they know that they won't be fired
for taking time off, they simply can't afford
to lose their income for several weeks or months.
In an online survey of 1,000 employees in America
with access to work benefits
half of the respondents prefer more parental leave time
over a pay raise at work.
Laws concerning paid parental leave
vary from country to country, but if it is at all possible
for you to offer employees more
than the absolute minimum then it might be wise to do so.
Giving new parents additional time to bond with their babies
without having to worry so much about finances
sends a very clear message to prospective hires,
your company cares about its employees and their families.
That's it for today's bite in which you've learned
how to optimize employee experience
by integrating a top four employee benefits
into your organizational practice.
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