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Benefits to Offer Your Small Business Employees

By September 7, 2022Employee Benefits

Employees have a lot of choices when it comes to deciding which company they want to work for these days. With all of these choices, it can be easy for small businesses to think they can’t compete with the benefits offered by larger corporations. However, there are some benefits that even small businesses can offer to attract and retain employees. Here, the insurance professionals at Unity Insurance discuss the benefits you can offer your small business employees,  regardless of the size of your company.

Flexible and Remote Work Opportunities

After two years of a global pandemic, it’s become the norm for businesses to offer workers more flexibility in their workspaces—and employees know it! 

For many workers, flexibility is not just a perk but an expected benefit. According to a survey conducted by the office messaging software company Slack, 58 percent of workers are now working in hybrid arrangements and almost 70 percent of employees say they prefer hybrid or remote work. To avoid putting your company at a disadvantage and keep your employees happy, consider offering flexible work options when it makes sense.

Professional Development Resources

Consider offering employees a professional development allowance. Most companies offer a set dollar amount per year for work-related professional development. Not only do your employees gain knowledge, but the knowledge can in turn be shared with the rest of your team. Win-win!

Health Insurance

Health insurance coverage can be a big budget item for both employees and employers. While there are some options for employees to seek health insurance outside of their place of work, the policies they can purchase are often more expensive than the group coverage businesses can negotiate. Offering to cover entire or partial premiums can set your business apart from other employers, leading to greater employee satisfaction and retainment of your employees.

Fitness or Healthy Lifestyle Benefits

Many fitness facilities negotiate corporate discounts to offer employees, but why not go above and beyond for your employees? If you have a small business, think about covering the cost for your employees to stay fit and healthy. The minor expense can lead to healthier, more productive employees who need to take fewer sick days.

Life Insurance Coverage

Life insurance provides your employees with a sense of security that they and their families are protected if anything were to happen. At Unity Insurance, we can design a benefits program that encompasses all of your organization’s unique needs.

Speak With An Agent At Unity Insurance

At Unity Insurance, we help analyze your needs to help protect your company’s financial security. Our Baltimore-based insurance professionals work with you to build a plan that reflects your small business needs. From life insurance and  disability insurance to health insurance, Unity Insurance serves as your benefits advocate. Call 410-539-6642 to learn how the experienced insurance agents at Unity Insurance can assist you.