There are always a few employees who stand out as exceptionally hard-working in any company. These individuals go above and beyond the call of duty regularly, and their dedication to their work is evident in everything they do.
These hard-working employees are an asset to any company, and they deserve to be recognized for their efforts. Thank-you cards, letters of appreciation, or even simple gestures like a thank-you coffee can go a long way in making these employees feel appreciated. Moreover, adding more to their benefits can play a huge role in their morale and reward them better than a raise in salary.
Employee benefits are an essential part of any compensation package. They can help attract and retain good employees and play a role in employee morale. Good benefits can also help offset the cost of living, which can be a significant factor in attracting and retaining employees in high-cost areas.
There are various types of benefits that companies can offer their employees. These benefits can undoubtedly improve the performance of certain employees. Here are some unique benefits you should give to your employees.
Dental and disability insurance
Health insurance is often one of the most important benefits for employees. However, this benefit is mandated by law to a certain degree. For example, some states have ways to mandate health insurance among many companies, even though they are no longer required to mandate them since January 1, 2019. But what isn’t mandated by law is dental and disability insurance.
There are about one billion people who are disabled worldwide. Furthermore, most adult Americans have experienced cavities at least once in their lives. So it’s pretty clear that dental and disabilities are reasonably common wherever we go, and it’s a strict oversight that companies aren’t offering such insurance that covers these two.
Offering dental and disability insurance to your employees can be a great way to improve their performance. This will help them feel more secure financially if something happens to them. It’s always nice to know that you have some form of insurance to back you up financially, and this is especially true when it comes to disabilities and dental problems.
The best part is that these insurance policies can be flexible. For example, dental insurance can cover a percentage of an employee’s essential dental cosmetic operations, such as teeth replacement. On the other hand, the same insurance policy can completely cover essential dental operations such as tooth extraction.
For employees with disabilities, their insurance can cover a certain percentage of their lost wages. For example, if an employee cannot work due to their disability from an accident, the insurance can help cover some of their lost wages until they’ve recovered. This way, they can focus on recovering from their disability without worrying about their financial stability.
Many employers offer gym memberships as part of their employee benefits package. This is a great way to improve the performance of your employees, as it can help them stay healthy and motivated. A healthy employee is usually a productive employee, which is especially true when it comes to physical activities.
Employees who have access to a gym will be more likely to work out, which means they’ll be less likely to get sick. Furthermore, they’ll be more likely to have more energy and be more productive overall. This is because working out releases endorphins, which are hormones that make us feel good. When we feel good, we’re usually more motivated to do our work.
This is an essential benefit for millennials, who are considered the most health-conscious generation. Most millennials place a high value on their health, and they’re more likely to work for a company that offers a gym membership. So, if you want to attract and retain millennials, it’s a good idea to provide this type of benefit.
Technological Upgrade Allowances
Employees who are given allowances for technology upgrades are usually more productive. This is because they’re able to work in a more comfortable environment that’s conducive to their needs. For example, if an employee needs a new computer because their old one is slow and outdated, they can be given an allowance to purchase a new one.
Similarly, if an employee needs a new phone because their old one doesn’t have enough storage, they can be given an allowance to purchase a new one.
Generally speaking, it’s a good idea to allow your employees to use their allowances for whatever technology upgrades they need. This way, they’ll be able to work in a more comfortable environment that’s tailored to their specific needs. This is an essential benefit, especially during the pandemic when most employees work at
Employee performance can definitely be improved with the right benefits in place. This is because employees will feel more secure financially and physically, which will lead to them being more productive overall. Offering dental and disability insurance, gym memberships, and technological allowances are great ways to improve employee performance. So, if you’re looking for ways to improve your employees’ performance, consider implementing these types of benefits.