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Inclusive employee benefits shape your team members’ engagement and satisfaction. The benefits that you offer affect a team member’s loyalty to the company. An inefficient benefits package could cause hires to seek out more positive and inclusive environments.
Traditionally, employee benefits revolved around perks like vacation time off and retirement plans. However, the pandemic has demonstrated that workforce priorities and sentiments remain fickle and change at the drop of a hat. These days, many employees are seeking flexible schedules and holistic wellness benefits.
As such, hiring managers must proactively respond to the latest employee trends to retain top talent. Inclusive employee benefits could be a game-changer in talent acquisition during difficult job markets.
We compiled 15 inclusive employee benefits to apply in 2024 to help your company attract qualified candidates in response to any talent crunch.
Statistics from Medical Health America’s 2023 State of Mental Health in America survey revealed that 21% of adults experience some form of mental illness. Many mental conditions display subtle symptoms like appetite and sleep pattern changes and remain disregarded while they undermine a person’s quality of life.
Mental health conditions like anxiety and depressive disorders could worsen with the stress buildup and burnout at the workplace. The World Health Organization (WHO) shared that organizations globally lose 12 billion productive work days annually to depression and anxiety alone, at a cost of nearly US$ 1 trillion.
You can strengthen your workforce’s resilience by providing mental health packages that include:
Inclusive parental leave policies ensure that every employee receives financial support for managing their family responsibilities. For example, you could provide parental leave to surrogate mothers, adoptive caregivers, and single parents. These perks would extend beyond conventional parental roles, regardless of a couple’s sexual orientation or gender identity.
Broadening parental leave packages can boost your company’s reputation as an inclusive employer and diversify your talent pool for future hiring campaigns. You could also offer parental leave as part of a family stipend, which employees have the freedom to claim for miscellaneous family expenses. So, these stipends could cover the following:
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