When deciding to accept or pass on a job offer, most applicants don’t base their decision on compensation alone. For many, they also pay attention to what group benefits are offered, which is why it’s key to know which benefits are most popular. Our team at Elite Benefits Group can help you navigate the options beyond basic medical insurance that you can offer your employees to ensure you’re on target.
- Dental and Vision Plan: Dental and vision coverage are highly valued group benefits. Routine dental exams, cleanings, eye exams, and corrective lenses are all standard requirements, and their availability can make a significant difference in an employee’s decision to join or stay with a company.
- Mental Health Support: The debate about mental well-being has risen tremendously, as has the expectation that businesses provide support. Access to treatment, counseling services, and mental health hotlines—often provided by Employee Assistance Programs (EAPs)—can be a decisive factor for many candidates.
- Flexible Spending Accounts (FSAs) and Health Savings Accounts (HSAs): These accounts let employees save pre-tax cash for medical bills, which enhances the overall value of a group benefits package. HSAs in particular are popular when combined with high-deductible plans, and they’re often viewed as a long-term savings strategy.
- Wellness Programs and Preventive Care: Wellness initiatives, which include gym memberships, smoking cessation programs, and annual health exams, reflect a company’s commitment to proactive health management. Employees like perks that help them stay healthy rather than just treat illnesses.
- Family & Dependent Coverage: Many people need coverage that includes their wives, domestic partners, and children. Inclusive policies that accommodate different family configurations demonstrate a company’s dedication to diversity and compassion.