Final answer:
An employer can add various benefits to their package to make it more enticing for employees. COVID has highlighted the importance of certain benefits such as health insurance and paid sick leave. Offering more benefits than required can attract top talent, improve retention, and create a positive company culture.
Step-by-step explanation:
What can an employer add to their benefits package to make it more enticing?
An employer can add various benefits to their package to make it more enticing for employees. Some examples include:
Health insurance: Providing comprehensive health insurance coverage can be a major draw for employees.
Retirement plans: Offering matching contributions to a retirement plan, such as a 401(k), can help employees save for their future.
Flexible work arrangements: Allowing flexible work hours or remote work options can significantly improve work-life balance for employees.
How has COVID affected what is important?
COVID has highlighted the importance of certain benefits for employees. For example, adequate health insurance coverage and paid sick leave have become more significant in light of the pandemic.
What do some other organizations offer?
Some organizations offer additional benefits to attract and retain employees. These benefits might include:
Tuition reimbursement programs
Childcare assistance
Wellness programs
Professional development opportunities
Why would an employer ever offer more than they are required to offer?
An employer may offer more benefits than required because it can help attract top talent, improve employee satisfaction and retention, and create a positive company culture. Providing additional benefits can also give a competitive edge in the job market.