Employee benefits offers that were important before covid may not seem so substantial to employees now, and benefits they never even considered may now be at the top of their wish list.
It has been proven time and again that an attractive package of benefits has a major impact on the company's reputation.
It has been proven time and again that an attractive package of benefits has a major impact on the company's reputation. A company's benefits plan says a lot about their culture and how they value employees. An attractive benefits plan also helps HR acquire and retain the right talent and increase employee productivity.When employees feel valued in the workplace, they are more motivated to perform better and achieve results.
The financial impact of the pandemic has been a severe blow to many workers. Many had to dig deep into savings and rethink their spending. Abroad there is a noticeable growth in training courses offering education and coaching, budgeting and savings tools, and financial advice and planning.In addition, employers cooperate with clients and partners, create a network of employee discounts for their workers. As a result, employees feel a stronger need to help the company overcome bad times and, in addition, can save money as a result.
Flexible working hours are likely to be widely available even after the pandemic. It will be in high demand when physical workplaces reopen.Abroad, up to ¾ of employers allowed flexible working during this year.This flexibility allows employees to reconcile work and family life. This is especially true for working parents who have children at home, as most schools and rings have been closed.
The states of depression and anxiety are at their maximum “thanks” to the pandemic. The mental well-being of employees is currently not only an ethical, but also an economic priority. Poor mental health is often associated with high turnover, absenteeism, low productivity, and poor physical health.
According to the survey 59% of new programs and services offered after the pandemic focus on promoting the mental health and well-being of employees.
Employee with good mental health, satisfied with the benefits offerede is 31% more productive, 3x more creative and has up to 37% better sales(we are talking about merchants). At the same time, such an employee demonstrates an average of 87% loyalty to their current employer
In difficult times, it is essential to retain key employees and provide them with benefits to achieve mental balance.
About the benefits of home officeWe wrote in our previous blog. A strong trend from abroad is the coverage of expenses for setting up a “home office”. In other words, the company pays the expenses associated with, for example, the purchase of an office chair, monitor or desk. A survey conducted in the early months of the COVID-19 pandemic found that 1 in 5 companies have pledged to help pay the home office costs of remote workers. According to a recent survey, 92% of remote workers expect to continue working from home at least one day a week and 80% expect to work from home at least three days a week.
With a rapidly changing world, corporate benefits need to be tailored enough to retain key employees while attracting predatory talent that will open up new horizons and opportunities for the company.
