- Make them interactive. Give your employees interactive handouts to follow along with the presentation. Leave plenty of time for questions at the end of the presentation. ...
- Make them visually stimulating. It’s no surprise that most benefits presentations are very data driven. ...
- Make them concise. There are plenty of ways you can make sure your employee benefit presentations are kept concise. ...
- Make them a team effort. No matter how good of a public speaker you are, there is power in numbers. Choose a co-presenter for your benefit enrollment presentations. ...
- Make them virtual.
- Make them interactive. Give your employees interactive handouts to follow along with the presentation. ...
- Make them visually stimulating. It's no surprise that most benefits presentations are very data driven. ...
- Make them concise. ...
- Make them virtual.
What are the best benefits to offer your employees?
Listen to employee concerns and be open to having uncomfortable conversations while being transparent. Giving your employees all the information necessary to make the best decision for themselves and their families can drive engagement, increase retention, and open the door for more communication.
What benefits should I offer my employees?
Having a conversation with your manager is often more productive in your efforts to increase your compensation. They see firsthand what you contribute to the organization and how you support your team. If you’re going to compare your compensation to other organizations, you have to make sure the business is like yours.
What are the best benefit options for employees?
- Pet insurance
- $1,000 "Baby Bucks" for new parents--including adoptive and foster parents
- Free breast milk shipping
- Fully-equipped mothers' rooms with hospital grade pumps and fridges
- Adoption assistance: $10,000 per household towards the expenses related to the adoption of a child.
- Fertility services: Services and treatments subject to eligibility.
What benefits do companies offer employees?
- Disability insurance
- Life insurance
- Tuition reimbursement
- Gym memberships
- Financial wellness programs
- Commuter benefits
- Pet insurance
- Childcare
- Catered meals
- Time off for volunteering
How does employee benefit affect HR?
How do employees choose to invest?
Why do employers pay attention to demographics?
What is fringe benefit?
What is retirement benefit?
How to find the right software for HR?
Do you receive 401(k) at retirement?
See more
What is the best way to communicate benefits to employees?
Effectively Communicate Your Employee Benefits in These 5 WaysEducate employees through onboarding. Consider adding information about your company benefits to your careers page or job descriptions. ... Empower managers. ... Create an ongoing conversation. ... Make it accessible. ... Build an integrative strategy.
How do you introduce new benefits to employees?
Before introducing new benefits, develop a communications strategy with personalized message topics to share with each employee group. Use their preferred communication methods to share these messages. For example, initially send a personalized message to each employee telling them about a new benefit.
How do you explain benefits to employees?
To streamline your message:Avoid noninformation that's factually accurate but of little value to someone who isn't a benefits wonk.Appeal to employees' logic ("Here's what is changing for you") and their emotions ("Here's how it will benefit you").More items...•
How do you promote employee benefits?
10 Critical Things You Must Do When Marketing Employee BenefitsCreate Marketing Materials That Speak to the Needs of Employees. ... Develop Marketing That Covers All Media Formats. ... Convey Positive Messaging Around Benefit Use. ... Share Employee Success Stories as Part of Marketing Campaigns.More items...•
How do I tell my new employee about benefits?
Give a thorough explanation of the new benefit. What need or opportunity is this fulfilling for employees?...Base your schpiel on these potential questions.What's changing for employees?How will it benefit employees?What was your insight into creating/changing this?When will this benefit be implemented?
How do I roll out new benefits?
8 strategies to successfully roll out benefits programsPosition your program as an extension of the employee's healthcare plan. ... Use medical claims to target your communications. ... Develop a communication plan for employees to learn and engage. ... Communicate to employees early and often.More items...•
How do you explain benefits?
The definition of a benefit is something that will provide an advantage for others, something you may receive as compensation from an insurance company or an event to raise money for a worthwhile cause. An example of a benefit is the action of creating a community playground.
What are 5 examples of benefits?
Examples of benefits within a package may include:Medical insurance.Dental and vision coverage.Profit-sharing.Stock options.Retirement benefits.Wellness benefits such as reimbursement for gym memberships or race registrations, weight loss programs, and smoking cessation.More items...•
What are the 4 major types of employee benefits?
There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans. Below, we've loosely categorized these types of employee benefits and given a basic definition of each.
How do you promote employees health and wellness?
How to promote workplace wellnessKeep employees connected. Using a workplace show that everyone is watching is a good way for people to connect to one another. ... Promote preparedness. ... Encourage employees to rest. ... Share ways for employees to relax. ... Incentivize exercise. ... Encourage giving back. ... Boost morale.
How can employee awareness of benefits be improved?
Set Up Dedicated Communication Channels. ... Track Awareness And Utilization. ... Provide Pulse Checks Throughout The Year. ... Ensure Management Uses The Benefits. ... Leverage Employee Word-Of-Mouth. ... Review Usage Data From Benefits Providers. ... Hire A Human Capital Management Leader. ... Explain The Benefits To Each New Hire.More items...•
How do you make the most of your benefits?
Tips to Make the Most of BenefitsPROTECT YOURSELF AND YOUR FAMILY. ... SAVE TIME AND MONEY ON MEDICATIONS. ... PAY LESS BY USING IN-NETWORK SERVICE. ... ACCESS MENTAL HEALTH RESOURCES AVAILABLE TO YOU. ... TAKE ADVANTAGE OF EXPERT COACHING SERVICES. ... GET QUALITY-RATED CARE. ... SAVE ON HEALTH CARE-RELATED EXPENSES WITH AN FSA.
25 Types of Employee Benefits | Indeed.com
Most employers offer employee benefits packages, which can include basic health coverage and retirement planning. In addition to basic health coverage, employers offer a variety of other perks, depending on the nature of their companies.
28 Types of Employee Benefits - Simplicable
Health Insurance In a nation without a free public healthcare system, health insurance is a critical employee need. Where healthcare is provided by the government, employee health insurance may cover prescription drugs, vision care, hospital extras such as a private room, medical equipment and paramedical services.
How to improve employee benefits?
1. Make Benefits a Part of Overall Employee Compensation Communication.
When sending out employee benefits communication, is it important to use the right medium?
When sending out employee benefits communication it is important to use the right medium. Email can be good, but to reach individuals by phone, early mornings are the best; by tablet and online use late afternoon and evening messages. 4. Convey Positive Messaging Around Benefit Use.
Why do companies need to make employee benefit marketing a priority?
Companies need to make employee benefit marketing a priority in order to attract and retain their best employees. Employee benefit premiums are on the rise, again: According to the Society for Human Resource Management, 2017 health premium costs rise at least 6% over 2016’s figures. Since the Affordable Care Act, premiums have nearly doubled.
What is the purpose of conducting a regular analysis of employee benefits?
As a standard practice, all employee benefits plan managers need to be evaluating the use of benefits as they pertain to employees. There are some benefits that are not worth offering because employees simply do not use them.
Do companies limit benefit discussions?
Companies often limit their benefit discussions to when they introduce them to new hires. Or they keep them separate from other forms of compensation. However, this doesn't give employees the full impact of their total compensation.
What is the most commonly used method for promoting our benefits?
Emails. Emails are easily the most frequently used and broadly accepted method for promoting our benefits. However, although they tend to have the broadest reach, they also occasionally get lost in the shuffle since our employees use email so heavily for their personal job duties.
Why do employers offer multiple health insurance plans?
Most employers even offer multiple choices for health insurance plans because employees’ needs vary so greatly. So it shouldn’t come as a huge surprise that employees won’t use all of their benefits to the same degree. For example, some of our employees may not be interested in the Mass Transit Pass we offer.
Do all employees prefer the same communication channels?
On top of that, not all employees prefer the same communication channels.
Why are employee benefits important?
Employee benefits are an important aspect of employment. They are often one of the reasons people work. Usually, they are bargaining chips during hiring. Yet, there are still employees who do not take advantage of the benefits they are offered. Presentations are one of the best ways to get participation in benefits programs.
How to get participation in benefits?
Presentations are one of the best ways to get participation in benefits programs. The problem with presentations is that employees are tuned out within 15 minutes. To keep your presentations engaging, try using some compelling visuals, interactive materials, some humor, and testimonials.
How to make a presentation more engaging?
Pick a few spots to move to during the presentation, but don't overdo it. Too much movement causes audience distraction. Engage with your audience, and be attentive to their mood. Keep your conversation natural, and don't talk down to them.
How to keep your audience engaged in a presentation?
To keep your audience engaged, be sure to make the presentation interactive. Provide hand-outs so everyone can follow along. The hand-outs can also be used to take notes or write down questions.
How to avoid a presentation?
Practice your presentation beforehand to prevent this. Speak freely during the presentation, injecting emphasis and excitement into your voice. Make eye contact with the audience, and utilize neutral body language. Pick a few spots to move to during the presentation, but don't overdo it.
Offerings Overview
Start from a bird’s eye view. Do you feel like listing the names of all the benefits and perks offered in your introductory slide? Resist that urge. Categorize your offerings, then group those categories into fewer categories. You now have your second slide: “Traditional vs Additional”.
Health Benefits
Health Benefits are what your audience is here for. They want to know what they are and how much they have to pay for them. Here is a good opportunity to use a creatively designed data comparison slide to show coverage. Then use a carousel slide to go into traditional health benefits including medical, dental, and vision.
The Icing on the Cake
Things like personal development plans, flexible work arrangements, new tech, and office perks are all optional offerings that no employer has to have. So, if your company offers it, you should definitely flaunt it.
Culture and Team
Positive and constantly reinforced culture is a difficult thing to achieve. Once you do, it becomes a very tangible part of your offering package. Don’t believe us? Pick a few companies on Glassdoor and scroll through some reviews. “The good, the bad, and the ugly” all have to do with offerings, especially cultural ones.
Leaving an Open Door
A call to action is great. However, there's not much your employees will need to do right away (with the exception of Open Enrollment meetings where you want to reiterate some deadlines).
Why bother?
In a word: retention. People have a lot of options for employment these days, and a good salary alone isn’t always enough to make them stay. If you want top talent to stick around, you have to give them a great reason to.
How can I get started?
Not all benefits are worth the investment, especially when you’re in the early stages of your full benefit strategy. Use your money wisely. Instead of an all-at-once attempt, determine which key benefits make the most sense for your employees and your unique business.
How to attract and retain great employees?
One of the best ways to attract and retain great employees is with competitive benefits and perk packages. After pay, robust benefits — especially health benefits — are routinely cited as the most important factor for employees when considering a position. Workplace offerings that used to be seen simply as perks, such as remote work, ...
What is employee perks?
Employee perks are additions to employee compensation — which includes salary and benefits. Perks are not required by law or considered basic necessities. They typically help define and reinforce a company’s overall culture and are considered important parts of enhancing the employee experience.
How do perks affect employees?
Perks and benefits can impact hiring, retention and employee satisfaction. Benefits like health insurance, dental care or retirement plans are considered part of the overall compensation package. And perks can be the icing on the cake to help boost a company culture that encourages employees to pursue a positive work-life balance, get and stay healthy, continually learn or many other attractive attributes. All this can have beneficial effects on employee wellness, productivity and engagement.
Why do companies offer perks?
There are certainly altruistic reasons companies can offer perks. Whether it’s a flexible work schedule, parental leave or the occasional free lunch, perks can make employees happy. But beyond altruism, perks can play an important role in employee experience and engagement.
What percentage of employers offer wellness programs?
Wellness programs: Wellness programs are offered by more than half of employers in the U.S. Programs focused on particular health conditions (24%) and health screening (31%) have declined, and benefits like quiet rooms (21%), fitness activities (about 30%) and standing desks (60%) have increased. Into 2021, expect a push on perks ...
Why are wellness benefits important for small businesses?
But well-designed health programs that include wellness perks can lower costs in absenteeism, workers compensation and disability. Some perks may be tax deductible.
Is vacation reimbursement a paid vacation?
Vacation reimbursement: At some companies, paid vacation is actually a paid vacation. Expedia offers leisure travel reimbursement, as well as discounts. Evernote offers employees a $1,000 annual vacation stipend to travel somewhere new. And Airbnb provides an annual travel and experiences credit.
What is written communication about benefits?
Written communication about the benefits you offer is vital to employees’ understanding of their value. Here are a few ideas for regular written benefits communication:
How long does IKEA give parental leave?
IKEA gives 4 months of paid parental leave to new parents — even if they work part-time.
Is health insurance dense?
Health insurance and other benefits are dense, dry, and difficult to understand. That might be why 1 in 5 workers who responded to MetLife’s survey said they only spend a few minutes reading over their options before making a decision on benefits. Your first task on this checklist is to ask your employees if they understand their benefits.
Is open enrollment intimidating?
In fact, almost half of those surveyed say that open enrollment is just as intimidating as asking for a raise.
Do you read your website before applying for a job?
Anyone who applies for a job with your company will probably read your website first. In fact, according to the Society for Human Resource Management (SHRM) 2019 employee benefits survey, most job seekers do extensive research on a company before sending in their resume. One of their top concerns during this research period is ...
1. What Are Employee Benefits?
Employee benefits are a form of compensation given to employees over and above their standard remuneration. Some are legally required and some are discretionary.
2. Managing An Employee Benefits Program
Creating a suite of benefits for your employees is just the beginning. Effective employee benefit programs need to be managed, reviewed, and updated every year. These considerations should be part of every HR Manager’s plan to ensure their programs remain compelling and current.
3. Employee Benefits Communication
Benefits that staff don’t use or are unaware of are ultimately worthless. That’s why an effective campaign of employee benefits communication is important. 42% of employers globally are planning promotional campaigns for their employee benefits programs.
How does employee benefit affect HR?
Employee benefits have a significant impact on the administrative aspect of HR, especially when regulatory issues are involved. But there are ways to manage benefit plans more effectively to save time and reduce the possibility of mistakes. Here are five things to consider:
How do employees choose to invest?
Employees choose how to invest contributions, or how much to contribute from their paycheck through pre-tax deductions. Employers may also contribute, in some cases by matching a certain percentage of employees’ contributions. At retirement, employees receive the balance in their account.
Why do employers pay attention to demographics?
Also, some employers pay attention to the demographics of their employee base to give everyone the benefits they need most based on their characteristics. For example, in order to retain and engage millennials, businesses may offer them benefits such as student loan repayment support and co-sign support for auto loans.
What is fringe benefit?
Before we get into the nitty-gritty of employee benefits (or fringe benefits), let’s define the term: Employee benefits are any kind of tangible or intangible compensation given to employees apart from base wages or base salaries. This employee benefits definition points to examples of job benefits such as insurance (including medical, dental, ...
What is retirement benefit?
Retirement. Retirement benefits help employees feel more secure about their future after retirement. In the U.S., for example, a common benefit is the 401 (k) in which both company and employee make defined contributions to the employee’s account on a regular basis.
How to find the right software for HR?
To find the right software, do your research and make a compelling business case. Measure benefits and costs diligently . This will be the responsibility of the finance department, but it’s important for HR to keep track of rising or plummeting costs and gains.
Do you receive 401(k) at retirement?
At retirement, employees receive the balance in their account. Before you decide whether to implement a 401 (k) plan, learn about its different forms. There’s also the defined retirement plan which is entirely funded by the employer, so employees can receive a specific monthly benefit at retirement.
