As an employer, you want your employees to feel satisfied in their jobs and stay at the company for a long time. You spend thousands of dollars on providing them the best Employee Benefits Package (Medical, Dental, Vision, Life Insurance, etc.), but you or your broker doesn't provide them an Open Enrollment every year.
The employees don't understand what's offered to them or understand the significant investment that you provide to them.
This can lead to major problems for you. The lack of engagement with the benefits program can lead to lower morale and higher turnover.
Employees who aren't explained the benefits in detail are more likely to:
Feel dissatisfied in their jobs
Think their employer doesn't care about them
Not understand how to use their benefits
Be spending more than they really need on healthcare and benefits
At News Financial & Insurance Services, we conduct open enrollment with the employees and educate them on:
The importance of Preventative Care
How to use their benefits to their advantage
Which benefits are worth their hard earned dollars
How the employer is going the extra mile to provide them with the great benefits
In a competitive job market, a comprehensive benefits package that includes core benefits as well as voluntary benefits such as dental, vision, life, disability, accident, etc. is necessary in attracting and keeping top talent.
For more information on Employee Benefits, visit www.newsfi.com/facilitybenefits
This is not intended to be exhaustive nor should any discussion or opinions be construed as professional advice.