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Employee wellness matters: Exploring the benefits of health insurance

Higginbotham

If you own or manage a business, you know how important it is to make the well-being of the company’s employees a top priority. When it came to creating a wellness program that included health insurance, American workers paid for their own health care until the 1940s. In a 2020 survey of large U.S.

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Examples of fringe benefits by category

Business Management Daily

Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity. Different benefits appeal to different teams, but what matters most is providing more than just the bare minimum—health insurance, workers’ compensation, and a competitive salary.

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Paid parental leave options: Understanding your rights

Business Management Daily

However, many businesses choose to offer paid parental leave as part of their employee benefits offerings, even though it is not required for most private employers. Employers can do this through a leave program they run or by adding short-term disability insurance to their health insurance and benefits package.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Boosting Productivity And Engagement: Well-designed benefits programs can improve employee morale and engagement, increasing productivity and lowering turnover rates. Healthy employees are more productive and take fewer sick days. These include insurance for losses from accidents, disability, sudden death, and dismemberment.

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Mistakes to Avoid When Trying to Improve Employee Retention

Hppy

You might also set timeframes for PTO requests, but not everyone will be in a situation to abide by them. Health insurance, retirement funds, share options, and even perks like wellness checks and free lunches might all be well-appreciated and show your team that you care.

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Is your employee wellness program up to par?

Insperity

In the last few years especially, employee wellness programs have soared in prominence. The COVID-19 pandemic and all the stressors placed on workers during this tumultuous time have highlighted how critical mental health , work-life balance and overall wellbeing are. Why do employee wellness programs matter?

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Rewarding Loyalty: 15 Effective Employee Retention Incentives

Empuls

PTO (personal time off) policy is a way to make a healthier work-life balance more systemic. What you’re aiming for is long-term performance by your employees instead of rushing to get the most value out of them in the shortest possible time span. While this is an interesting concept, try it out first.