Southern California Employee Benefits
Why is it important for companies to offer employee benefits?
Employee benefit plans are essential to attracting and retaining the top talent that companies desire for their workforce. According to a recent study commissioned by Bentley University, 96 percent of millennials cite great healthcare benefits as an important factor when choosing between two otherwise equal jobs.
Once companies attract top talent, those that provide great employee benefits have a clear advantage when it comes to employee satisfaction. As found in a recent Aflac WorkForces Report that examines employee benefits trends and attitudes, 96 percent of employees who are satisfied with their benefits are satisfied with their jobs, compared to only 68 percent who have job satisfaction when not satisfied with their benefits.
What options are available for employee benefits?
Employee benefit plans may include medical, dental and vision insurance, with options for voluntary insurance products such as critical illness, disability and supplemental life insurance. With so many options, not all employee benefit plans are created equal. According to the Aflac Workforces Report, more than half of employees expect their employer to offer medical, dental, vision, life and disability insurance and employees who are offered voluntary insurance products reported higher levels of job satisfaction.
How do companies get started with employee benefit plans?
When designing an employee benefit plan, it’s important for companies to customize the plan to satisfy their specific needs. An effective program offers a breadth of coverage designed with company size, industry and budget goals in mind.
At Garnett-Powers & Associates, we help companies in Southern California and across the country navigate the design, implementation and administration of their employee benefit plans. From analyzing benefit needs and cost effectiveness, to ensuring HIPAA and ACA compliance, we help companies customize plans to fit their needs. We also offer what employees want, including educational resources, secure online enrollment, and ongoing customer care for questions and challenges that may arise.
How do you contact Garnett-Powers & Associates about employee benefits?
Located in Southern California, we work with businesses from Orange County and Los Angeles to San Diego and Riverside County and across the country to develop customized employee benefit solutions. To speak with our team of specialists, contact us today at 1-877-559-9922 or email our team at firstname.lastname@example.org.