What are Corporate Benefit Packages?
Corporate benefit packages are as important to most employees as their salaries. However, the typical corporate benefits such as health, dental, and vision insurance are simply not enough anymore. They are generally viewed by employees as the bare minimum in terms of benefit packages, especially since one (Medical) is required by the Affordable Care Act. If your benefit program is a bare minimal offering or lacking luster, you may have a tough time attracting and certainly retaining employees.
Attract and Retain Quality Employees
Your toughest competitors may be offering additional benefits, such as college savings plans, 401(k) contribution matching, and paid parental leave—things that can tangibly change employees’ lives for the better. These types of corporate benefits not only help you attract and retain quality employees, they enable you to make a difference by taking care of and giving back to those who work hard for you.