USA: Modernizing Your Benefits Package

Asinta Partner in the United States, Alliant, offers the following advice for modernizing your benefits package:

1. Benefits outside of traditional insurance programs: Traditional benefits typically include medical and dental coverage, perhaps vision and basic life and/or accident coverage. Modern structures include these core benefits and include benefits in the form of discounted services that employees use year-round.
2. Financial wellness: Modern benefits offer more than just accessibility to a 401(k) or similar retirment plan. Whether it’s debt counseling services or financing alternatives, these are the options today’s employees want in their benefits package.
3. Workforce generational expectations met: Each generation has different benefits needs and desires. Your package should align with the generational expectations of your workforce to be most effective.
4. Voluntary and tertiary beenfits: Small employers are often competing for the same talent as larger employers, who usually can offer a more attractive benefits package. Voluntary and tertiary benefits help you make your package more appealing by adding programs such as accident insurance, discounted auto insurance, and other enticing benefits.

Ensure your benefits package meets the demands of your employees and the talent you need to attract.

Thanks to Alliant for this article. You can read the full PDF here.

If you have questions about modernizing your employee benefits packages in the United States, please get in contact with Alliant via their contact page.