Employees continue to have the upper hand in the war for talent, as unemployment continues to hover at record-low rates. Moreover, benefits are being battle-tested—and deservedly so. They’re a meaningful conduit to enhanced employee engagement and even loyalty.
One emerging benefits trend is a tendency toward personalized—and ever-expanding—benefits packages. Companies are no longer sticking to “bare-bones” benefits packages, limited only to the basics like medical and dental. Today’s benefits have diversified exponentially to meet the needs of the modern worker. They now include offerings such as tuition reimbursement, financial wellness tools and resources, better maternity and paternity leave policies, the flexibility to work remotely, and even employee discount programs, to name a few.
