why employee benefits are important

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Why Are Employee Benefits Important?

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Post on 19-Feb-2021

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Employee benefits are devised to help boost employee comfort and well-being. The company provides an extra incentive to attract and retain employees. To know more about why employee benefits are essential, visit https://www.archwayinsurance.ca/products/employee-benefits/

TRANSCRIPT

Page 1: Why Employee Benefits Are Important

Why AreEmployeeBenefits

Important?

Page 2: Why Employee Benefits Are Important

What are employeebenefits?

Employee benefits also called perks orfringe benefits, are granted to employeesalong with salaries and wages

These employee benefits packages coverovertime, medical insurance, vacation,profit sharing, and retirement benefits, etc

Page 3: Why Employee Benefits Are Important

Why are employee benefits important?

Attracting and

retaining talent

Attracting new

employees with the apt

skill set for the job

Engaging your

employees and

increasing productivity

Improving employee

health and well being

Page 4: Why Employee Benefits Are Important

Protecting your

employees from

sudden financial

hardship, like an injury

or the loss of a spouse

Bridge the generation

gap – satisfying both

the youngest and

oldest in your

workforce using

employee benefits

Page 5: Why Employee Benefits Are Important

Popular Employee Benefits

AccidentalDeath andDismember

ment

Basic LifeInsurance

CriticalIllness

Healthcare— MedicalServices &Vision Care

Dental Care

Page 6: Why Employee Benefits Are Important

Top reasons that youshould offer added

benefits to youremployees

Page 7: Why Employee Benefits Are Important

Increase Your Appeal

Offer tangible benefits thatdifferentiate your business from themasses

Introduce employees benefits likepaid vacations and holidays, healthplans, and retirement plans

To draw skilled and dedicated workers onboard

Page 8: Why Employee Benefits Are Important

Minimize Your TurnoverRate

Offering benefits packages makes employeesstick around for the long run

Showing that you have their best interests inmind and value their job performance

Page 9: Why Employee Benefits Are Important

Better MoraleBoosting of employee morale

By understanding and addressingthe needs of your workforce

Showing that you care about yourworkers is a natural way to increasetheir loyalty and to get their bestwork in return

Page 10: Why Employee Benefits Are Important

Healthier Employees

The workforce should be in good health

Regular checkups and taking preventativemedical steps

Ensuring employees don't take many sickdays

By offering sick leave, so that workerswho are sick won't infect others

Page 11: Why Employee Benefits Are Important

Better Job Performance

By giving benefits, you provide employees moreof a reason to care about your company andstay loyal

They would be willing to work harder, whichcan lead to greater productivity and higherquality

Creating a durable workforce and position yourbusiness as an industry leader

Page 12: Why Employee Benefits Are Important