Gold bars, cryotherapy, and mortgage buy downs: an entrepreneur explains how to up your employee benefits game and retain more workers.
Talent wins the day. And when small business owners invest in talent through top-tier benefits, they lay the groundwork for consistent, scalable growth and stronger financial performance over the long haul.
The biggest challenge small business owners face is figuring out how to provide a robust and industry-leading set of benefits without going out of business.
When you get past the 401k, employer-sponsored healthcare and PTO, does your benefits package actually pass the smell test with today’s workforce? According to a recent study by Prudential Financial, there’s a wide gulf between what employees say they want from the workplace and what employers are actually providing. While 86% of employers believe they are offering modern benefits, only 59% of employees agree. And the gap is even wider with younger workers. Another survey from MetLife finds 89% of employees believe their organization could strengthen trust by improving their benefits packages.
Read the complete Fast Company article BY Nick Martin: https://www.fastcompany.com/91401005/how-small-businesses-can-offer-gold-star-employee-benefits
