Businesses everywhere, in every industry, are feeling the pinch when it comes to staffing. According to the Department of Labor, job openings reached an all-time high of 10.9 million in July.* It’s no wonder that the C-Suite is taking a closer look at how they compete when it comes to attracting new hires and not losing the talent they have. Businesses are starting to look at employees as an asset that requires the proper investment.
Sometimes this means getting creative with flexible work hours, gym memberships, bring your pet to work – but always, this means offering a competitive benefits package.
According to Glassdoor’s Employment Confidence Survey, about 60% of people report that benefits and perks are a major factor in considering whether to accept a job offer. The survey also found that 80% of employees would choose additional benefits over a pay raise!
“It’s not uncommon for us to see the benefits discussion take place beyond the HR Department and include the entire C-Suite,” says Rob Hare, President of Benefits All In. “Smart businesses are realizing that they need to design benefit packages that meet the needs of their team and fit their workplace culture. It’s not a one-size fits all offering.”
[Have you read the BenefitsPro article, Employees as Assets, the C-suite as Investors]
Benefits All In works with businesses and their employees to understand individual needs and then build benefit offerings around that. Employees are also looking for an easy to use benefits management experience and that’s where Benefits All In excels.