Employee benefits start with minimal health benefits, and grow with dental, optical and wellness benefits. There are also other benefits a boss can extend.
An employer who understands the importance of their employees’ happiness and job satisfaction is a successful employer. Happier employees want to be at work, and are more productive. Having a satisfied staff is the key to a company’s reputation, growth and prosperity.
Let’s face it. Most employers are considered “the enemy” by their own employees. Human resource departments have done very little to allay such stereotypes and fears. Many people have spent years at work in a toxic environment and a fear-and-punishment atmosphere. These are employees who may follow the letter of the company law, and never break rules, but they’re doing so exclusively to save their jobs and make money to support themselves and their families. The majority of people do work for their salaries – given a multi-million dollar lottery pay out, there are likely to be very few who continue to work for someone else, and there definitely are those types of people, but they’re few and far between.
But an employer can provide an employee with a sense of purpose and accomplishment. Not every company has the luxury to be Google or Facebook or YouTube, with a progressive attitude, and “campuses” which bring in well-paid, youthful new employees, but an employer should work towards making their company the best it can be, despite budget, location and resource constraints.
One of the top reasons for employee satisfaction is employee benefits. In fact, these days, many people respond to a friend’s or acquaintance’s proclamation of a new job with, “What are the benefits?” Of course, this primarily means health benefits, and specifically, medical health benefits. Employers present various packages to new employees, some of which where the employees do not have to contribute anything, but still receive health benefits. Other employers allow employees to add a family member/s to their plan for a minimal cost. Still, there are companies where the additional costs are not so minimal.
Full employee benefits often refer to medical health, as well as dental, optical and wellness benefits. A prized employee package can mean that alternative medicines, such as chiropractic or acupuncture are covered, as well as psychological help in the form of counsellors or even psychotherapists.
Other incentive programs include 401K or retirement plans, life insurance or bonuses based on personal development, or remarkable achievements within the company.
Communication is critical. An employee should always be praised for good work, ideas and work ethic. If there is an issue with the quality of their performance, tell them as soon as possible, so the behaviour may be explained or corrected immediately. An employee wants to feel that their efforts are acknowledged or recognized.
One benefit an employer can offer is a shortened day of work. Some companies offer a half-day off work on Fridays in the summer while still paying their employees for the full day. An individual may also be recognized by allowing them to leave early or offering them an additional day off.
Naturally, compensation is the most obvious benefit of all while the rest is supplemental and the rest, supplemental, but still enviable by those companies who only provide minimal benefits.
Employees want to feel that they’re working at a stable company in a stable industry; feeling safe is extremely important to them. If there is any kind of rumbling about the company or even the industry, management must demonstrate capabilities in transparency. Keep your employees up-to-date. Be honest with them. If there are layoffs pending, do not wait until the day-of to suddenly tell employees. You may “be rid” of lesser qualified employees and won’t have to deal with them, but the employees who remain will be fraught with uncertainty. Your staff wants to feel that they are working in a safe environment.
The secret to satisfied – if not happy – employees is simple:
- Respect and recognize their good work.
- Make communicating clear and show transparency as a priority.
- Offer an excellent benefits package; if your budget allows, spring for health, dental, optical, and wellness plans.
- Make sure your employees feel safe, comfortable and protected in their working environment.
Once you have accomplished this, you can sit back and watch as satisfied employees become productive. They’ll feel that they are genuinely contributing to the company’s success.
This post was created in partnership with Mom Buzz Media. All opinions expressed above are my own.