An employee benefits program is essential and one of the most expensive investments that an employer must make. However, such programs are one of your organization’s virtual tracks for increasing employee engagement. The benefits you provide will determine whether an employee chooses to work for you. So, investing in such a program is an important part of the foundation of your organization.
With an increasing number of employees prioritizing work-life balance over salary, it is time to reconsider providing personalized benefits like fuel card, food card, books, and periodicals, travel vouchers, etc. Let us look at what matters most to your employees in 2022 and how you can tailor your benefits plan to best meet your needs.
How do you create a benefits package that will work in 2022?
Create a benefits strategy to better meet the changing and evolving needs of your workforce. Offering a customized benefits model enables you to create a long-term benefits plan that appeals to a wide range of employees. The top four personalized benefits trends for 2022 are listed below to assist you in creating the best package for your employees. Giving employees options allows them to choose what they want, which thereby boosts productivity.
Discounts On Goods and Services
National employee benefits programs allow you to supplement the benefits package with product and service discounts. Anyone who signs up for this benefit has access to tax breaks ranging from 10% to 30% off published rates. Meal card, fuel card, telecommunications, uniforms, and other items can all be marked down by employers.
Volunteer Time Off
This is an excellent way to improve employees’ mental health while also encouraging your team to give back to the community. Volunteer time off allows employees to volunteer during the week while still being paid for a full day’s work. As an added bonus, you can publicize your VTO policy and highlight employees who volunteer for their favorite charity on the company blog, newsletter, and social media channels.
Benefits For Families
Extended parental leave, childcare services, and adoption and fertility benefits are just a few examples of family-friendly benefits to consider including in your benefits package. By creating a supportive and understanding environment, you demonstrate to your employees that you care about their well-being.
Technology-focused Benefits
Employees who will spend at least some of their office hours working from home will appreciate this benefit. Provide company-supplied laptops, cellphones, digital cameras, and wireless headphones so your employees do not have to rely on their own devices. Alternatively, you could provide employees with a monthly flat-rate technology benefit that covers the internet and other home office expenses.
The above methods help you develop an appealing employee benefits package to meet your employees’ growing expectations. If you are looking for ways to simplify employee benefits, we have a few solutions to assist you in developing the best benefit plans for your workforce. Visit Zaggle Save to smoothly digitize your employee benefits plan with a single card that replaces food coupon, travel vouchers, and gift cards.
Choose Zaggle Save to offer your employees attractive tax-saving benefits.