Atlas Insurance Magazine Fall 2021 | Page 25

NET WORTH ATTRACTING VS INNOVATION . STANDARD EMPLOYEES BLOCKERS MARKET

ATTRACTING EMPLOYEES AFTER COVID

As a business owner , you are faced with many obstacles during these trying times with the main priority being to keep your business open . The last thing you need to worry about is employee benefits .

What we ’ ve seen not only in Hawaii but throughout the country is a service deficit in most businesses . That is , longer wait times across the board , whether you ’ re on hold for a customer service representative , waiting in line at the bank , ordering takeout from your favorite restaurant , or checking into a hotel for a business trip . That shortage of staff affects things like how a business can operate profitably and customer loyalty .
The best approach you can take as an employer seeking to attract and retain workers for your business is to be flexible . The most successful companies we ’ ve seen have seized the opportunity to accommodate employees and reduce their environmental footprint by reformatting positions to become completely remote .
In situations where entirely remote work is not possible , you might consider a hybrid structure where employees work some days in the office and some at home .
Besides having that flexibility , offering a great employee benefits package is an ideal way to incentivize employees to join and stay with your company . Beyond the mandated benefits such as health insurance , TDI , and workers ’ compensation , some employers are trying to find ways to offer a better employee benefits package . Supplemental benefits have become increasingly more popular over the past year and a half . Some employers are also trying to find ways to be unique by offering a Lifestyle benefit . Lifestyle benefits — also referred to as employee perks or lifestyle perks — are nonsalaried benefits given to employees to improve their lifestyle . Here is where employers can become creative and design benefits to attract and retain employees .
Your success starts with a passionate and qualified team that is committed to seeing your company through the end of COVID-19 and beyond . Talk to your Atlas advisor about how we can help strengthen your workforce in the new economy today . +
Kimberly Soares is Atlas ’ Vice President of Benefit Consulting . Kimberly drives strategic planning , oversees client engagement , develops new client relationships , and manages the overall design and implementation of the Benefit Consulting programs .
BY : KIMBERLY SOARES VICE PRESIDENT , BENEFIT CONSULTING ATLAS INSURANCE AGENCY
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