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Inflation is a thorn in everyone’s side right now, and it puts businesses in a tough position when trying to attract and retain top talent. Companies now need to be prepared to answer job seekers’ expectations, which can range from significant increases in salary to more robust benefit offerings.
In today’s job market, benefits can play a considerable role for job seekers. Salary alone is no longer enough to attract and retain top employees.
Health is wealth and helping your employees live a healthy lifestyle both at home and in the office can increase their productivity and loyalty.
The last few years have been challenging for consumers and businesses alike. A worldwide pandemic, supply chain issues, an unpredictable economy, labor shortages, and now inflation. Today, the inflation rate is 9.06%, up from 5.39% last year.
Interested in making your office a more sustainable environment? Doing so may seem like a daunting task at first, but once you get started, you’ll see just how simple it is. The key is making quick and easy changes and sticking to them. Here are several easy steps you can take to go green in the workplace.
Depending on the benefits offered, employees participating in the Lifestyle Spending Account program are eligible to receive reimbursements for eligible expenses. The benefits that are eligible for reimbursement will depend on various factors set by the employer. The reimbursement process is simple and secure. Your employees can submit claims online and employers can manage the process through the admin portal.
Edenred’s Lifestyle Spending Accounts offer businesses a new way to support and care for their employees. The program allows you to define how your employees will spend the benefit and gives you the flexibility to choose what works best for you and your employees in several ways available:
Today’s job market is competitive, and now more than ever job applicants are putting a heavy emphasis on benefits. Working for a company that provides the basics such as healthcare and retirement is one thing, but a company that invests in their employees’ lifestyles and promotes productivity is priceless.
In our post-pandemic world, community is more important than ever. After spending the better part of two years apart, people are ready to be together again – to work together and play together.
Benefit packages are no longer an afterthought when it comes to employee compensation. Today’s workforce expects more than just traditional health insurance; they expect tools that will help their overall financial situation. And in today’s ever-competitive labor market, companies must understand this and offer benefits accordingly.