You’ve probably heard it before — hiring and retaining top talent is essential to your company’s bottom line. So how do you attract the right employees, and keep them healthy, productive, loyal and primed to make a positive impact?
The answer lies beyond competitive base pay and bonuses. Companies that incorporate a wider range of employee and work-life benefits, and build a strong and supportive workplace culture can improve their employee value proposition and get a leg up. MetLife’s 2016 Employee Benefit Trends Study found that more than half (55 percent) of employees across the globe were interested in having their employer provide a wider array of non-medical benefits that they could purchase and pay for on their own.
Here’s how you can gain an advantage:
- Those who take a total rewards approach — by providing a wide range of voluntary benefit options and financial planning and wellness programs — can create an environment that demonstrates care and makes a positive impact.
- Employees may be better off financially and physically and have a stronger relationship with their employers, resulting in greater retention, loyalty and increased productivity.
- Having a committed and productive workforce will help businesses reach their goals and achieve long-term success.
Find more global insights from our Global Employee Benefits Trend Whitepaper, “Employee Benefits Generating Business Impact”, brought to you by MetLife Global Employee Benefits.