Employee Benefits Every Employer Must Provide

When you run a business and employ people, you have to be ready to provide a few basic employee benefits. Employees actually expect these benefits when they apply for jobs in various companies big or small. Google, for example, is one of the most sought after employers. The rosy perks and the unconventional work environment in its headquarters gained quite a bit of publicity in recent years. While it is a reality that bigger companies with deeper pockets can afford to give better benefits to their employees, it does not mean that small companies should not provide the same benefits to their employees. All employees need to know and feel that their employers care enough to provide them with their basic needs at the very least.

employee benefits

Paid Leaves – your employees need some time off every once in a while. Just because you are working on lean staffing does not mean that you cannot let them go on paid leaves several times in a year. Have a set number of rest days in a year that each employee can take the day off and still get his salary for the day. If you cannot afford to have more than one employee away at any given day, work on a leave schedule for each employee.

Social Security – depending on where you are located in the world, this employee benefit could be mandated by the government. This makes employees eligible for social security services as provided by the local or national government. Check with your local business regulatory agency to find out what kind of social security employee benefits you are mandated to provide. There are forms that you will have to fill up. There might also be requirements for contribution sharing or matching between employers and employees. The amount of contribution employers and employees make usually influences the final benefits of each employee.

Health Care – this is a necessary expense for you if you wish to lessen your employees’ sick days. This benefit is not only for times when your employees become sick. More importantly, the annual health checks, the diagnostic tests, and the doctor consultations help prevent the onset of illness. With this benefit, your employees will not have to ask you for financial assistance to pay for their health care needs. There are different health care packages that you can avail of and include in your employee benefits program.

Image Credit:
Photokanok – FreeDigitalPhotos.Com

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