Attracting Top Quality Talent

               Employers are having a hard time finding employees that are up to or exceed their expectations. The workplace has changed so much in the last couple of years, and aspects of the job that workers expect has changed with it. One-way companies have been attracting top talent is a benefits package that exceeds your companies’ competitors.

                Every employee is looking for high salaries, but employee benefits are a form of compensation that is just as important. Being covered in case of a peril can potentially save someone more money than their yearly salary. With the average hospital cost a day in the U.S. being over $2,500, and the current unpredictable economy having coverage if a peril were to occur is vital to a person’s financial stability. An employee will look for an employer who helps them prioritize their own well-being. Having a variety of coverage offered to an employee to suit their needs is another way companies can separate themselves. A single, healthy young professional who does not plan on visiting the doctor much will want a different type of plan than an older employee who could be a higher risk individual or may have dependents that they would want to make sure have more thorough coverage. Along with different plan types, having an HSA or FSA to help employees save money by paying medical expenses pre-tax is another way an employer can stand out. An employer could have various retirement plan options with an employee-friendly vesting schedule to encourage top tier talent to work with them as opposed to a competitor as well.

                Offering a stand-out benefit package is a guaranteed way to stand out from the crowd when looking to bring in employees. Sometimes people are looking for more than that as well. A flexible work environment where working from home is still an option occasionally is almost a necessity for some people. In what has been named “The Great Reshuffle”, there is no concrete answer on how to draw in the best talent, but a great benefits package certainly does help. 

 G. Kevin Nemith ,  Hilb Group Delaware  

Xavier Bodnar , Hilb Group Delaware

Post by: 

G. Kevin Nemith CIC. CRM  President, Agency Leader for Hilb Group Delaware, 

 Xavier Bodnar Benefits Broker Hilb Group Delaware 

knemith@hilbgroup.com

xbodnar@hilbgroup.com

Top 20 insurance brokers and risk managers in the USA. 

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