Small businesses constantly look for ways to attract and retain top talent. With new employee perks, nice office digs, and free snacks you might think it would be easy to attract employees, but often at the end of the day there is one benefit that employees are most interested in: group health insurance.
As a leading small business insurance agency, Unity Insurance understands the role that a robust benefits package plays in shaping a company’s success and reputation, ultimately allowing you to attract the best talent. Below, we explore why small businesses should consider adopting group benefits and strategies for deciding from what’s available.
Why Offer Group Benefits?
Picture this. You are considering a candidate to fill an open position at your office. They have an impressive resume and would be a great fit for the position and your team. However, when it comes time to offer them the job they also have an offer from another company. What makes your small business stand out? For many small businesses, comprehensive group benefits help level the playing field and position the company as the most attractive employer for job seekers.
The positives of offering group benefits don’t stop there. Comprehensive benefits packages also contribute to enhancing employee retention rates. When employees feel valued and supported through comprehensive benefits they are more likely to remain loyal to their employer, reducing turnover and fostering a stable workforce.
Types of Group Benefits
When it comes to the types of group benefits small businesses can offer, the possibilities are completely customizable to suit the unique needs of each organization and its employees. Providing access to quality healthcare with group health insurance is one of the most sought-after benefits but employees also look out for companies that offer:
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Retirement plans, such as 401(k) accounts
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Disability insurance
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Life insurance
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Wellness programs
Advantages of Offering Group Health Insurance
When considering group benefits, group health insurance stands out as a benefit you should consider offering your employees. Group health insurance plans may offer lower premiums to employees compared to individual plans, thanks to the risk being spread across a larger pool of employees. This affordability factor makes it an attractive option for potential employees considering working for your company. On the other hand, employers benefit from the ability to attract and retain talent. It’s a win-win for both parties.
As your trusted partner, Unity Insurance is dedicated to helping small businesses navigate the complexities of employee benefits and insurance solutions. Contact us today to learn more about Maryland employee benefits and how we can tailor our services to meet your specific business needs.
Speak With An Agent At Unity Insurance About Your DC, Virginia, Delaware, and Maryland Insurance Needs Today
Unity’s insurance professionals serve as your advocate from the very beginning. From selecting coverage to filing a claim, we are by your side every step of the way. At Unity Insurance, we know insurance plays a vital role in every stage of your life and business so our professionals provide guidance and support to ensure you make the right decisions regarding your insurance options. We work with clients in Maryland, Delaware, DC, and Virginia to provide the best plan for individual needs.
Call 410-539-6642 to learn how the experienced insurance agents at Unity Insurance can assist you.