2019 welcomes a fresh start and many small businesses are looking to hire. While the war on talent will continue to tighten in 2019, there are competitive ways to attract the right talent to your company. That’s where non-traditional benefit packages come in. Heath insurance and retirement plans, while great, are seen as the bare minimum for prospective employees.
To standout and attract the right people, consider these four suggestions:
- Pet Insurance. Our four legged (and some two legged!) friends are treated like members of the family, but caring for them can get costly. Pet insurance plans are a nice perk that companies can offer prospective employees. Knowing that Fido’s and Furball’s health is covered might sway a candidate to work for you, for a long time.
- Help With Student Loan Debt. Millennials are strapped with more student loan debt than previous generations because of rising interest rates and tuition. Offering student loan assistance is a surefire way to encourage younger workers to join your organization. Research ways to find student loan assistance plans geared for small business owners.
- Allow for Working Remotely. Now this is a benefit that serves both sides -the employee and the employer. Allowing your staff to work remotely a few days a week helps them save money and time commuting, and they can work in the comfort of their homes. In turn, small business owners can save on office space and equipment while retaining happy workers. It’s a win-win.
- Give Back to the Community. It’s not all about the money. Companies involved in social good, not only increase their bottom lines and reputations, but can attract employees with similar values. Love animals? Take one day a month to volunteer at a shelter with your entire staff. Or, encourage your staff to join the board at a well-known nonprofit. Get involved and you will create a culture for your company that will attract and retain employees who fit right in.