Why Are Employee Benefits So Important?
Employee benefits are additional resources offered by employers in addition to wages. Benefits play an important role for an employer to attract and retain employees.FeaturesBenefits can include health care coverage, paid-time-off, retirement savings, life insurance and profit sharing. Some employers offer benefits, such as on-site child day care, a fitness gym and recreational facilities.CompetitionEmployers who offer good benefits will stay competitive with local and national businesses by attracting and retaining employees.HealthHealth-related benefits for employees and their families promotes healthy lifestyles, which can relieve personal stress and increase productivity.Well-BeingPaid-time-off promotes employee well-being.
