The benefits space experienced a major shift post-pandemic as employees struggled with lasting effects on their physical and financial health and mental well-being, says G&A Partners’ Director of Benefits Administration Brett Brown in a recent Utah Business article.
In the article “Evolving benefits: Meeting the needs of today’s employees,” Brown discusses the evolution of employee benefits and how businesses are adapting to meet the changing needs and priorities of today's workforce.
“Workers expect mental health to be covered in an employee benefits package and included as part of medical benefits and telemedicine,” writes Brown. “This shift reflects the increasing awareness and demand for benefits that support physical, mental, and financial wellness.”
Prioritizing a competitive and comprehensive benefits package that emphasizes well-being can significantly boost your recruitment and retention efforts, especially as a small or medium-sized business.
“Employees and job candidates rank a comprehensive benefits package as a leading consideration when evaluating employment opportunities, second only to salary,” writes Brown. “However, due to cost constraints, providing top-tier benefits can be challenging for small or mid-sized businesses.”
Read the full article here.