3 Ways Benefits can Build a Better Workplace for your Team
Too many times we see employees leave their current jobs not because they don’t like the work they’re doing, but because they’re not enjoying their work environment. While every business owner knows that happy employees create a positive work environment, it can be tricky to figure out how to create that cohesive environment that draws in top talent while energizing current employees about the work they do. Here’s how providing good benefits can build a better workplace for your team.
1. Provide meaning
Employees no longer want to be just another name on the payroll list. They want to come to work feeling as though the work they’re doing matters and the people they’re interacting with care. Providing the right employee benefits can help give employees the purpose that they’re searching for. At Snellings Walters, we like to get employees involved in our cause to end cystic fibrosis by participating in the Great Strides walk every year. From company-sponsored volunteering events to fundraising competitions for the whole team, there are plenty of creative benefits that will bring some more meaning into what your employees do every day.
Each and every one of your employees is completely different, so their benefits should be, too. With the workforce becoming increasingly multi-generational, the need for personalization is paramount. Personalization allows employees to feel comfortable with their work-life balance, regardless of what stage of life they’re in. For example, a millennial would likely prioritize student loan repayments, whereas a gen xer would likely want childcare benefits. If you decide to go this route, make sure you consider if they’d be able to change up their benefits as their life progresses and as they begin to prioritize different things.
3. Create a team dynamic
Many successful companies like Google and Facebook who are continuously ranked as “Best Places to Work” provide their employees with benefits like free lunch Fridays, dog-friendly offices, and team get-togethers. While small to medium-sized business probably can’t afford to be giving out free lunch every Friday (and that’s okay), employee benefits that get the team together to do something other than work can create a positive workplace and a more collaborative atmosphere.
Not quite sure where your current benefits stand? You can take our Milliman Benefits Benchmarking Survey to see what your competitors may be doing that you’re not.
If you think you need help in creating a benefits package that will leverage both your company culture and the necessities, reach out to us here. At Snellings Walters, we care about your employees and will always help you get them what they deserve.