Almost everywhere I go I hear that Employers are having a difficult time hiring and retaining employees.
Did you know that having an Employee Benefit Plan can assist with the attraction and retention of employees? Even if you are in an industry that Employee Benefit Plans are not the norm, it would be worth reviewing.
Some employers are concerned about the costs of the benefit plan increasing every year. There are cost containment ideas and several unique options available now that can fit any industry.
Once an Employee Benefit Plan is put into a company, ensuring it is communicated properly to the employees is a key factor. Not all employees use the plan on a regular basis, so an annual review with your employees can remind them of the extra incentive you are providing.
When employees feel confident that both them and their families health and welfare is looked after they have more ability to focus on work.
Next week my Blog is going to be a case study. It will review why price is not always the deciding factor in placing or changing your Employee Benefits.
Glendinning Insurance Services, Your Resource Specialist.