Why offer employee benefits?
Many employers wonder why they should be expected to offer employee benefits when they are already paying a salary. While this is a fair question, it symbolises the most common misunderstanding about benefits. Employee benefits should not be seen as an add-on to a salary; you should not consider them a favour given to your staff. Instead, they should be thought of as an intrinsic element of the remuneration package that you offer. Employee benefits have been proven time and time again to improve employee satisfaction. A good benefits package helps make workers feel valued by the firm, and this increases productivity. Conversely, an employee that picks up a pay cheque and the end of each month but makes do with little holiday and a measly pension fund, is unlikely to feel that their employer cares about them. This lowers morale throughout the workforce, and productivity suffers as a result. As an employer, one of your priorities is to get the maximum level of productivity possible from