3 reasons benefits are a game-changer for attracting talent

Helpful tips from Employee Benefit Adviser about attracting new talent by Aldor Delp

Unemployment is hovering around 5%, November marked 73 continuous months of job gains and wage growth is picking up. All indications seem to suggest that employers have positions to fill, which may also mean that workers now have leverage, confidence and options. This is good news for job candidates. But for employers vying for fresh talent, it means the attributes of a company need to be that much more enticing. It also makes me think that a comprehensive benefits package may tip the scales for a candidate who’s considering multiple offers. To put it simply: Benefits can be the game changer.

It’s true that a traditional comprehensive benefit package has always been a successful recruitment element for companies. But given the wider array of benefits employers now can offer, today’s companies can use those elements to differentiate themselves from the competition.

From an employer’s perspective, competitive benefits don’t just help with recruitment but can also bolster retention. While strong benefit packages can potentially become expensive depending on the options they include, replacing an employee can be potentially even more costly and time consuming if a company experiences regular churn. With an investment in more appealing benefits packages, an employer may be able to mitigate the cost, time and effort of turnover and recruitment.

While healthy, stocked kitchens, nap areas and ping pong tables are perks that now reach far beyond the tech industry, many companies are building up three additional benefits areas that can truly change the game.

1) Financial wellness programs. Given the recent recession, retirement still is a growing concern for many American workers. A recent study showed that over the past 12 months, 38% of workers considered delaying retirement beyond the original age they intended and 52% said they will delay retirement because they “need to save more.” When these financial worries make their way into the workplace, employers should take notice. Consider a study from PricewaterhouseCoopers that showed that employees spend an average of three hours a week at work dealing with their finances. That’s fairly significant.

By offering financial wellness programs, employers can combat this anxiety and increase efficiency, while providing a sought-after benefit that many companies aren’t yet offering. Ninety-two percent of employer-respondents in another ADP study confirmed interest in providing their workforce with information about retirement planning basics, and 84% said the same of retirement income planning. Even if employers would like to provide these programs, few offer them, citing several existing challenges that stand in the way, such as a need to focus on other aspects of their business (27%) or not enough resources (15%). Providing financial wellness programs can be an added reward that may help a potential employee lean in your favor.

2) Strong internal training. Providing employees with training and development opportunities can promote retention and commitment. Regardless of the number of opportunities for career development, you can still help employees refine skills and increase knowledge that will serve them in the future. American workers want to learn to hone their skills. In fact, 84% of Americans are excited to use technology to learn in real-time, according to ADP’s Evolution of Work study. This is a benefit that not only can provide employee enrichment, it can also strengthen the talent pipeline to management positions.

However, internal training programs are not what they used to be. According to ADP’s recent report, Strategic Drift: How HR Plans for Change, corporate training budgets fell by 20% between 2000 and 2008. Seventy-six percent of executives see the market for skilled employees tightening and 75% expect high turnover among millennials. Reduced corporate training budgets have perpetuated a cycle of high employee turnover. So, if your organization has strong training programs, it’s likely to stand out from competitors. It may be worth considering internal and external training opportunities, mentoring, job shadowing, cross-training and professional development classes.

3) Workplace flexibility. Be open to the idea that it may be more feasible for some workers to telecommute and work from home for a portion of the week. Workplace flexibility is attractive for many employees and it can help reduce the number of unscheduled absences. Flexible work arrangements — such as the option to work from home, alternative start and stop times, compressed work weeks, or Summer Fridays — can help encourage workers to use their time more efficiently, and underscore a corporate culture that stresses balance, mindfulness and trust.

As job candidates and existing employees take a more holistic view of their benefits, relevant, supportive and flexible programs can be the game changer for them. The right mix of direct compensation and indirect benefits may be the difference between onboarding that “dream” candidate, retaining a top performer, or elongating the search for that precious needle in the talent haystack.

See the original article Here.

Source:

Delp A. (2016 December 12). 3 reasons benefits are a game-changer for attracting talent[Web blog post]. Retrieved from address http://www.employeebenefitadviser.com/opinion/3-reasons-benefits-are-a-game-changer-for-attracting-talent


Workplace Holiday Party Etiquette

Here are some fun tips for your next office party from Society Insurance

Your organization’s holiday party is right around the corner, and it’s time to eat, drink and be merry! In moderation, that is.

Letting loose and partying with your fellow coworkers may sound necessary after a long year, but let’s remember the fact that you do have a professional reputation to maintain. Believe me, it’s still going to be about business, no matter how festive the occasion is. Here is some advice to help the evening go as smoothly as possible.

  • Having fun is encouraged! No one wants to go to a dull holiday party, but the key to successful fun is moderation. The last thing you want to do is indulge in a few too many drinks and think the next day, “I can’t believe I said that to my boss!” Monitor your cocktails and you should be golden.
  • Make sure you are dressed appropriately for the occasion. That fun red cocktail dress may not be the most proper choice considering you will be with all of your colleagues, and most likely your CEO and VPs. Hold onto that professional image you’ve worked hard to build!
  • Have your ducks in a row prior to the party. Find out if you can bring spouses or guests, and make sure you get them on the guest list as soon as possible. Knowing where and when the party starts is always a fundamental piece of information that can help avoid a potentially awkward situation.
  • Be sure to thank those who put in the effort to plan the event. It’s always nice to know your hard work was noticed and appreciated.

Happy Holidays, and we hope you have fun during your festivities!

See the original article Here.

Source:

Society Insurance. (2016 December 7). Workplace holiday party etiquette [Web blog post]. Retrieved from address http://blog.societyinsurance.com/workplace-holiday-party-etiquette/


Safety Spotlight: Promoting Safety at Work

SAFETY ON THE JOB

Success depends on you

Safety in the workplace is something all employees should take seriously—your well-being is at stake. An on-the-job accident could very easily disable you, leaving security and future plans up in the air. A safety program isn’t only designed to keep you safe—taking responsibility on the job in keep your co-workers away from harm is important, too.

Together, you and your co-workers can support our company’s safety program by giving supervisors or safety leaders ideas on how things can be made safer. Any safety idea, no matter how small it may seem to you, could prevent a serious accident.

If you are a seasoned employee, you can use your years of valuable experience to spot potential safety hazards. Or, if you are a new employee, you may be able to spot something right away that an old pro may have overlooked. Never be afraid to speak up if you notice a safety hazard on the job.

In short, safety takes teamwork. Whatever your job is or whatever your duties include, keep your eyes open for hazards and report them. Help keep our safety program on solid ground!

BEGIN YOUR DAY SAFELY

Preparing your work area for the day

When you arrive at your work area, take a moment to prepare yourself to work safely.

Does your task require some type of personal protective equipment (PPE)? If you are on the shop floor, standard personal protective equipment is safety glasses with side shields and safety shoes with steel toes. Do you need to wear gloves? Face shields? Respirators? If any of these types of PPE are necessary, inspect them before putting them on to make sure they will provide the right protection throughout the job.

Look at the machine(s) you will be operating and look for some specific safety features. Are all machines safeguarded and are they working properly? Physical safeguards should be attached to the machine. Electric eyes should be tested to make sure they stop machine functions. Two-hand trip devices at the point of operation should be tested to make sure they work properly. Supplies should be in close proximity to the point of operation so you don’t have to do a lot of twisting or bending.

Think safe—work safe. It is a way to remember that you need to keep your head in the game. If you are thinking about safety, then you will work safely all day and will go home safe and sound.

See the original article Here.


Cold outside? Janet has you covered!

 

Our September Dish is brought to you by our very own Janet Bender

Janet's warm, welcoming attitude will be there to greet you when you call. She provides specialized service to employers throughout the quoting and application process of their employee benefits coverage as well as individuals with inquiries about Medicare products and options. Experience her reliable, pleasant client service with each call you make.

When it comes to eating out, Janet enjoys visiting Gino's Italian Restaurant in Fond du Lac. "The service is excellent, and I love the atmosphere. My favorite thing to order is their Broiled Haddock. It is the best I have ever had. I also like their bread sticks." Need directions?

Eating in? Janet has a lovely Crockpot Beef Stew recipe that's perfect for those cold, snowy, Sunday afternoons. She pairs her stew with a loaf of hot homemade bread.


Easy Crockpot Beef Stew

Here's what you need:

  • 1 pound beef stew meat, cut in cubes
  • 1 pound baby carrots
  • 4-5 medium potatoes
  • 1 medium onion
  • 2 packages McCormick Brown Gravy
  • 2 packages McCormick Beef Stew Seasoning

What to do:

  1. Peel and chop potatoes and onion.
  2. Place meat and vegetables in crock pot.
  3. Cover with water and stir in seasoning and gravy mix.
  4. Cook covered on high heat setting for 4-6 hours, or on low for 8-12.

Enjoy!


Ribeyes & Cocktails with the CEO

Our August Dish is brought to you by our very own CEO, Mike HierlMike Hierl

Mike is the 3rd generation owner of Hierl Insurance, Inc. with a strong insurance background and a desire to help others. When he isn't in the office, you can find him on the golf course perfecting his swing or pheasant hunting with his 2 labs.

When it comes to eating out, Mike enjoys the classic combo of pizza and caesar salad and Gino's Italian Restaurant in Fond du Lac is the place to get it. Need directions?

Eating in? Mike enjoys ribeyes and cocktails! His cocktail of choice would be a Brandy Old Fashioned Sour with olives and mushrooms. Now he wouldn't part with his ribeye recipe which we're sure is amazing, but have no fear! We do have one for you courtesy of Certified Angus Beef and it's sure to make your mouth water.


Classic Pan-Seared Ribeye Steak

Here's what you need:

  • 1 16-ounce ribeye steak
  • Cast Iron Skillet
  • 1 teaspoon peanut or canola oil
  • 1/2 teaspoon coarse kosher salt
  • 1/4 teaspoon freshly cracked black pepper
  • 3-4 thyme sprigs
  • 2 garlic cloves, partially crushed
  • 2 tablespoons butter

What to do:

  1. Place skillet in over and preheat oven to 450° F. Brush both sides of steak with oil and season with salt and pepper. When over is heated, carefully remove pan and plan on stovetop over medium heat.
  2. Place steak in skillet and sear for 2 minutes. Flip, top with garlic and thyme and place skillet back in oven for 6-7 minutes
  3. Put skillet back on stovetop over low heat. Flip steak, top with butter and carefully tilt pan while scooping melted butter, garlic and thyme to continually coat steak for 1-3 minutes. Confirm doneness with an instant read thermometer and pull from skillet at 120-125° F for medium rare. Let rest 5 minutes and coat with browned butter before serving.