Understanding Employee Benefit Programs
You know that a competitive employee benefits plan is an important element in attracting and retaining highly-qualified employees. But do you know how your current total benefits package compares to that of other employers locally, regionally or in your industry? Employers continually find it challenging in keeping up with the fast past changes in the benefits market and how well their programs continue to stack up. That’s where we come in.
Benefits Market Analysis
We can conduct a comprehensive market review and help you understand how your benefits measure up against the competition. We use reputable national and regional surveys to benchmark your benefits, reporting on differences in specific plans and your benefits offerings overall. We also relay changes in practices and trends to help you better make decisions that will favorably impact your employees and organization.
Time off is among your employees’ most highly valued benefit according to survey after survey over the past decade. Every employer needs to periodically reevaluate time off programs, paid and unpaid, ensuring they continue to meet the needs of their people while remaining in alignment with the company’s vision, mission and goals.
An alternative to traditional vacation & sick day programs that many employers have implemented are paid time off (PTO) plans that combine all paid time off into one plan. We can help you identify and develop the type of time off program most beneficial for your organization and your employees, based on your business needs, organization culture and other key factors.
Employee Benefits Surveys
Offering benefits is one way to attract, retain and engage employees but it is also one way to help foster a desired culture. It’s not only important to know whether your benefits are competitive, but it is even more important to know what your employees value.
We at HR Hotline Associates can help you better understand what your people think and feel about their benefits. HR Hotline offers a benefits survey customized to your organization that will help discern employee satisfaction levels from which we can propose solutions that will better align with your overall employee value proposition while meeting your organization’s needs.
Do you know how your current total benefits package compares to that of other employers locally, regionally or in your industry?
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