Next to salary, employee benefits are a key asset to attract and retain talented workers. While most companies offer standard health, 401(k) and other supplemental benefits, there are some non-traditional benefits that can set you apart from the competition and help you sign the best and brightest to your staff.
Paid parking: If your company is in an urban location or one where parking is limited, secure monthly passes to a local lot to alleviate the stress and inconvenience of having to find parking each day. Designated parking can help employees get to work earlier, increasing their available production time.
Wellness programs: Work with a local fitness club to offer discounted memberships, or offer an incentive to employees who participate in smoking cessation, weight loss, exercise classes or other health programs. Having healthy employees can minimize the occurrence of sickness, injury or other claims to your health plan.
Extra vacation time: Offer free vacation days for employment anniversary dates or birthdays.
Education/Career Advancement Opportunities: Offer some type of reimbursement to encourage your employees to pursue programs or training which can help them advance their education or enrich their professional skill set.
Telecommuting or flex time: With many employees juggling work and family, having flexibility to work from home or work outside of traditional hours can help boost employee loyalty and increase productivity.
Benefits outside of the traditional employee bundle are becoming more important to employees as they weigh their career options. In fact, CNN offers a tool called Perkfinder that enables job seekers to compare the benefits of multiple companies to find which is the best for their next place of employment.
If you like the idea of providing non-traditional benefits, but don’t know where to get started, give us a call at 330-659-0100. GMS can help you secure standard benefits at competitive rates and advise you on other options that will attract the best candidates for your open positions.