The Top 5 Most Important Employee Benefits

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The Top 5 Most Important Employee Benefits

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It’s true to say that many (if not all) employees place as much importance on their benefit packages, as they do on their salaries, and to ignore this would be detrimental to any business. – PowerPoint PPT presentation

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Title: The Top 5 Most Important Employee Benefits


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The Top 5 Most Important Employee Benefits
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  • Its true to say that many (if not all) employees
    place as much importance on their benefit
    packages, as they do on their salaries, and to
    ignore this would be detrimental to any business.
  • Of course, not all employee benefits may be equal
    and some are valued more highly than others, but
    finding out what the most valued benefits are
    among workforces, could help you to come up with
    a package that keeps your employees happy and
    attracts the best in new talent when a job
    opening comes up.

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  • Here are 5 of the most highly valued and
    important employee benefits
  • 1. Health Insurance
  • While the future of employee health benefits in
    America is currently unknown, it still ranks
    highly as one of the most desired benefits that
    an employee can receive. There are many different
    plans available, and research has shown that even
    small businesses are offering health insurance
    packages to their staff, and with the rising
    costs of health care, this benefit is set to
    remain popular and in demand.

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  • 2. Life Insurance
  • Life insurance policies give employees the peace
    of mind of knowing that their nearest and dearest
    will be taken care of when theyre gone, and most
    employee benefit packages offer life insurance in
    some form or another.
  • 3. Paid Leave
  • The most common type of benefit available to
    employees today, is that of paid leave, and it
    can include vacation leave, days off due to
    sickness and/or injury, or holiday pay. It may
    not be considered quite as important as some of
    the other types of benefits offered to employees,
    but many consider it to be something that they
    should be awarded, particularly if their employer
    values them.

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  • 4. Tele Commuting
  • In recent surveys, many of those polled expressed
    the desire to work from their home computer, as
    being one of the most sought after and highly
    valued employee benefits. It isnt hard to see
    why either, as working from home can offer tax
    breaks and save money on transport and other
    costs. As a direct result of this, many companies
    are now including telecommuting options in their
    employee benefit packages.

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  • 5. Retirement Plans
  • No matter who you work for, you ultimately want
    to know that your future is safe and secure, and
    with an attractive retirement plan, employers are
    better equipped to seek, hire and retain,
    employees.

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  • With employees ranking this highly among the list
    of benefits that they look for from their
    employer, companies not offering a god retirement
    package, could end up losing out.
  • This list is by no means exhaustive, and other
    benefits employees expressed a desire to be
    afforded are discounted home loans, flexible
    spending accounts and child care subsidies, to
    name but a few. While it may not be easy to come
    up with employee benefit packages that work for
    both parties, seeking help has never been easier
    and there are many professional companies out
    there who can help you to devise, implement and
    manage great and affordable employee benefit
    packages.

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  • Apollo Payroll is one of the premier small
    business payroll services companies in Miami and
    Coral Gables. Apollo Payroll is dedicated to
    delivering expert advice, responsive service, and
    highly accurate payroll processing and reporting
    to ensure the success and growth of the business
    that we serve. Our services include comprehensive
    online payroll services, employee background
    check and employee timekeeping services.
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