As a human resources professional, you are well aware that family-friendly benefits are essential for your employees. Offering benefits catering to families' needs is a critical aspect of attracting, retaining, and entrusting top talent. However, determining the best benefits for your employees can be a challenge. Here are our top tips for providing family-friendly benefits.
Paid Parental Leave
Only three states currently provide paid parental leave: California, New Jersey, and Rhode Island. Offering paid parental leave is an investment in the well-being of your employees. The transition to parenthood is a major life change that affects a person’s physical and mental health. Paid leave can help parents briefly shift their focus from earning income to bonding with their child and adapting to the demands of parenting. Parental leave policies are also linked with better mental health for both women and men. When you offer parental leave to all new parents, your employees feel appreciated and well cared for.
Time Off & Flexible Hours
Offer Employees More Options in Benefits
it is crucial to offer your employees more options for benefits. Pre-selected plans tailored to the staff average do not accommodate the needs of individual employees. Instead, give your employees greater choice and offer health plans from all major competitive carriers. Platforms like SureCo's allow your employees to choose plans that best fit their family needs and budget. Help eliminate employee stress about high payments and poor coverage with SureCo's Enrollment Platform.
Financial Planning
Offering financial planning and advising services is an excellent benefit that will make you stand out from other employers. Many employees may need to learn how to invest or save for retirement or goals, and financial struggles can impact stress, productivity, and performance. Financial wellness programs are becoming increasingly popular and for a good reason. Educating employees about debt, investing, and planning for retirement can reduce their money stress and give them access to financial planning resources. Consider adding a 401k contribution program to your benefits as well.
Investing in your employees is one of the best ways to retain them. With numerous family-friendly benefits, your employees will be more content with their work and compensation, leading to higher productivity. Offering these benefits demonstrates how much you care about their well-being.
Looking for employee health insurance that fits family needs and budget? Learn more now.
