Why offer employees a benefits package?
There are three main reasons that a company offers a benefits package to its staff:
- To aid Recruitment – a company that offers a comprehensive package will attract higher quality employees.
- Improved Staff retention – the more that an employee is giving up should they leave, the less likely they are to do so.
- Fulfil a Moral Obligation – Your employees spend as much of their waking life at work as they do with their family, sometimes more. In the event of life changes occurring, a modern employer will feel obligated to ensure that the employee or their family are looked after.