5 Growing Benefits in Demand For Your Workplace in 2024

The landscape of the workplace dramatically evolves year over year, as well as the needs of those in your employment and care. These needs can be difficult to keep up with, much less satisfy.

But you want the best employees doing the best work for your company. Recruiting and retaining them is one of the most important things you can do for your business. Your business can fail without it.

One key factor that is most common in businesses that grow like wildfire is that they innovate. These companies also almost always have a comprehensive benefit package. If you round out your benefits package with innovative services, it will be easier to attract, retain, and care for the people inside your business.

Promote Growth with Professional Development

When looking for employment many potential employers are looking not only for a means for a living but a place to learn and grow. This may mean programs already in place to help train employees to meet or exceed the standards of the company or using outside resources to accomplish a similar goal.

Companies like LinkedIn and Udemy offer specific services to businesses to help develop their employees in various ways. Other companies like popular fast food restaurants and other places of work that mostly hire people in temporary positions will offer support for college through scholarships or similar means.

For people in permanent positions, if investing time in helping quality candidates grow means retaining them for a longer period, it could mean a win-win for the company and employees.

Embrace Flexibility with Remote Workers

In 2020 COVID hit and life changed in so many profound ways. One of the biggest ways in the workplace was the demand for remote work.

For the employee, added up over time they gain so much life in the hours not having to travel to and from work. Much of people’s lifestyles don’t have to be drastically altered with the opportunity to work where they like. 

And for the employer, studies show an increase in productivity many times with remote workers. That’s one of the biggest things a company could ever ask for. You also gain the freedom of choosing potential candidates from across the country or world in this day in age and not be restricted by the local talent.

Mental Health and Wellness

About 1 in 5 (20%) of US adults live with a mental illness. The people with these issues suffer, many times unknowingly to others and only recently has it had a light shined on it. 

Some services exclusively offer mental health benefits towards counseling, rehab, mental health facilities, and other similar care. Some health insurance companies are including this in their plans. It can be expensive to seek treatment and many people who want care for these issues don’t have the tools or finances to do so.

Other options companies offer are mental health days including into their PTO package. An extra day off in the week can work wonders for someone's mentality and help to keep or increase productivity in the workplace.

Parental Leave For All Parents

Having a child is one of the most difficult and time-consuming endeavors people take in modern life. The care, the sleep deprivation, the indescribable joyous feeling parents have with the newborn baby shouldn’t take a backseat.

Companies who offer a fair but lengthy leave for childbirth many times find their employees returning rejuvenated and with an increase in productivity. People will be thankful for the leave they had and can return at the highest quality.

Financial Planning

Another topic that has seen a growing popularity. Most people, at no fault of their own, have never had the education around money needed to secure themselves for the future. 

Many banks and other financial organizations offer their services to companies to help educate employees on how to care for their money. Other services include online tools to help track money, reduce subscriptions, and eliminate unneeded expenses. All of these tools can help your employees towards financial literacy and freedom.

71% of people say that money is a major part of their stress. As time moves on this will probably only prove to be truer. It is more important now that people know how to handle their money than ever.

Keeping up with what struggles people have and what solutions they are looking for, will help you determine better how to help. Offering these services is a win-win. People are happier with their packages and their workplace experience, and you gain an employee with higher quality and better performance.