In today’s competitive job market hiring teams have to bring their A-game to incentivise potential employees to join their team. Aside from fair market pay, health insurance, hybrid work schedules, and good 401K plans, employers can do more to improve their company culture in order to attract the best of the best. One way to make a workplace more dynamic and appealing is to implement wellness benefits.
What are wellness benefits?
Wellness benefits are programs that help promote health and fitness in the workplace. This includes gym memberships, insurance premium discounts, cash rewards, and other incentivised programs.
What kind of wellness benefits attract potential talent?
- Stress management programs
- Exercise programs
- Weight loss competitions
- Wellness screenings
- Free or reimbursed gym memberships
- On-site cafeterias with healthy food options
- On-site clinics
How are these programs beneficial for employees?
Wellness programs improve company morale because their health feels supported and cared for, and that they are valued by their employer. Wellness programs are also known to reduce stress levels and increase productivity, causing employees to take fewer sick days. Wellness programs can also save you money with reduced healthcare costs from employees becoming sick or injured.
If you’re looking to attract new talent a wellness program might just be the fresh and new approach you need. When considering new approaches to better business practices, Greenwich HR has you in mind. Our newest interactive compensation dashboard, WageScape, allows you to view real-time labor market data to help you attract and retain your best talent. Learn more about how WageScape can give you a leg up on your competition today.