Offering employees a strong benefits package has its advantages. Here is a list of perks you can adopt for your business to help you attract, hire, and retain top talent.
Tech companies are well-known for offering some of the best employee benefits programs out there. They recognize that to attract and retain top talent, especially in their hyper-competitive industry, they must create an environment where people want to work, grow, and stay. Achieving that goal often means offering a significant and creative benefits package.
Tech companies offer great salaries, their benefits packages are generous, and they provide great things on their campuses (like wellness programs). The objective of this strategy is to develop a culture of work that can enable employees to work hard, long hours needed to drive the innovative spirit of the company. The competitive edge of any tech company is its ability patent and leverage new technologies. This often falls on teams having to work unorthodox work schedules. To offset this, companies like Facebook must ensure that their employee benefits are known for enabling high employee retention and engagement rates. Some of the best of all Facebook employee benefits are listed below:
In addition to insurance, 401(k)s, wellness programs, and other perks, many tech companies (along with lots of companies in other industries) are also offering remote working options for their employees.
Owning a small business is a tad different from running a large tech company like Facebook. With the budgets large tech companies have, they can afford to offer extensive benefits packages. And most small businesses cannot offer the breadth and depth of the benefits packages that are offered at large companies.
But they can be creative and offer things outside the norm, things that can set them apart and impress potential employees. While health insurance, paid vacations, and paid sick days are the most common employee benefits offered by small businesses, it is the extra things that you can offer that often make the difference.
The bottom line is that small businesses need to do whatever they can these days to compete and to attract and retain top talent. Offering a broad, creative benefits package is a big part of that.
1”Facebook Employee Benefits and Perks—Complete Guide,” Facebook Employee Benefits Details
2“What Is Disability Insurance, and Should You Offer It to Employees?” Justworks, October 11, 2019. Justworks.com
3”20 Advantages of Remote Working for Employees and Employers,” Article by Lumapps, Lumapps.com
This article is for informational purposes only. The ideas, opinions and concepts expressed here should not be construed as specific advice. You should consult your professional business advisors regarding your particular situation.