The Value Of Employee Benefits
The Benefits of Employee Retention
What Today's Workforce Is Looking For
How Can The Employee Rewards Benefit Program Help?
Did you know that when an employee leaves your company it will cost you between 25%-50% of their annual salary in hiring costs, training costs and productivity loss? When you factor in lost revenue, disruption of customer service and the negative effects felt by fellow co-workers, the costs to you are even greater.
As a result, more than half of our nation's employers identify employee retention as the top objective for assembling a benefits plan; and rightfully so. In fact, the tie between stellar benefits and company loyalty is so strong that 83% of workers claim their workplace benefits are a large factor for remaining with their employers.
ERBP's
Value to Your Employees
• Offers significant savings on travel, products, and services.
• Vacation Layaway Program employer matches employee's savings dollar for dollar.
• A simple, affordable way for your employee's to "Buy Down" the costs of vacations, products, and services.
• Reduce stress and achieve a greater work-life balance shows appreciation to you employees.
Every time an employee leaves it costs your company 25% - 50% of their annual salary in hiring costs, training costs, and productivity loss.
Half of our nation's employers identify employee retention as their main objective for assembling a benefits plan.
33% of workers state workplace benefits is the leading factor for remaining with their employers.
Employees do not understand the cost of their benefits.
Lack of choice and selection is the key reason employees never understand the benefits they will receive.
Well it seems time, not money, is the more precious commodity. Studies show that job satisfaction is directly related to a positive work-life balance. Profitable companies recognize the need for employees to rechage their life batteries through benefits such as the ever-important family vacation. These organizations that encourage, and provide for, much-needed time away for their employees in turn receive workers who are motivated, loyal, and committed to their employer's success.
• Offers business a way to add an affordable, superior quality, work-life benefit to their employee benefits program.
• Employee Rewards will boost employee loyalty, morale, and long-term employee tenure.
• Allows your employees the opportunity to take advantage of high quality vacations, products, and services at substantial savings.