Any small business owner can tell you: good employees are hard to find… and even harder to keep! While a big paycheck is nice, now – more than ever – employees are taking a closer look at the benefits package offered by their company.
Below are the four most popular employee benefits that small businesses should be offering:
1) Health Insurance
Study after study shows that health insurance is most employee’s most-desired benefit. Luckily, health insurance is increasingly easier for small businesses to offer as more cost-effective options, services, and platforms become available.
2) Wellness programs
Did you know wellness programs can save companies over $250 a year per employee, according to Sun Life and Ivey Business School’s ongoing survey into ROI in Canadian corporate wellness programs? The reason being, wellness initiatives help decrease an employee’s need for health insurance, while also reducing absenteeism and increasing productivity. That’s a win all around!
3) Training Opportunities
Professional development, education, and training opportunities are highly important to top talent! According to recent Gallup research, 87% of millennials say development and career growth opportunities are very important to them in a career. Best of all? They don’t cost businesses an arm and a leg to offer!
4) Flexible Work Environment
More and more businesses are choosing to offer employees the flexibility, autonomy, and development they want, as well as establishing work environments that feel less like traditional, inflexible corporate cultures. Relaxed dress code? Sure! Ping pong table in the break room? Why not! Work-from-home days? Absolutely. There are many options to choose from to attract and retain good employees.
Do you want to learn more about employee benefits for small businesses, and get some CE hours while you’re at it? InternetCE is here to help with all your online North Carolina insurance continuing education needs! Click here to check out our newest benefits course, “Smart Benefits for Small Business” to learn more!
