An appealing employee benefits package is important for keeping current employees happy and drawing in new talent. It can be a make-or-break issue in the job market, which is why you need to develop a competitive offering. The ideal package should be creative and heavy on expected features. Using the tips below and doing research around your office will ensure the best results for a motivated, happy team.

Your Guide to Creating an Appealing Employee Benefits Package

1. Ask Employees What They Want

Before you make major decisions, ask current employees what they want. They can explain where your current package is lacking, such as a weak 401(k) match or limited health insurance carrier choices, and offer insight into additions. You can look outside the office as well by seeing what packages other companies are offering and polling people entering the workforce about what is most appealing to them.

2. Assess Your Cores

There are essentials even the most basic employee benefits package should have. These include unemployment insurance, leave of absence, disability insurance, workers’ compensation, and Social Security. Health insurance, retirement savings plans, and paid time off are often expected. Makes sure you cover these first before getting creative. Many of today’s companies are competitive in the job market with packages that contain all of these benefits, so you’ll need a good reason why they aren’t included if you go that route.

3. Showcase Perks

Perks are what make your company unique, and they need to stand out. Consider a rewards program, such as work-from-home days for meeting goals or opportunities to gain additional vacation days. Provide continuing education credits or executive collaborations. Flexible hours are another perk many companies now offer. These are part of your company culture and brand, and they’ll often set you apart from the competition.

If you need assistance organizing and executing your employee benefits package, the team at Seeman Holtz can assist. Based in Boca Raton, FL, and serving a wide portion of the U.S., the company brings over 20 years of experience to their clients, specializing in financial plans, business insurance, payroll, and retirement goals. The team will closely assess your needs and create a personalized plan for your immediate and long-term well-being. Call (800) 991-3592 to schedule a consultation. Explore all their services on their website.