When was the last time your organization made major changes to its employee benefits package? Last year? Five years ago? The economy has changed dramatically over the past few years, and unemployment is lower than it’s been in decades.
This means that the war for talent is tight. If you want to compete, you may need a better employee benefits package. Here’s what your company needs to consider in order to prepare for the year ahead.
Are You Having Trouble Recruiting?
If you have applicants lined up around the block, you probably have a fine pay and benefits package—but if you’re struggling to get enough qualified applicants, you may need a better benefits package. If the organization’s turnover is higher than it has been in the past, is it possible that the current benefits aren’t where they should be?
to keep reading, click here; Is Your Employee Benefits Package Ready for 2019?
Corporations have become so accustomed to using and abusing employees, so it’s quite a shock when they have to compete for “talent”.
Add to this the power of the internet to allow people to share what it is really like to work for company XYZ, bad companies are getting what they deserve.
I work for a pretty good company, with decent benefits, their problem is that they underpay for the industry. We get plenty of qualified applicants and promptly lose them with our offer… It’s also becoming more difficult to keep talented employees.