Benefits plans are vital to attracting and retaining quality employees. The vast majority of job-searchers strongly consider the availability of medical, dental, or vision plans when deciding whether or not to accept a position. A company that offers all three has a distinct advantage over the competition.
The Coronavirus pandemic has solidified, for many people, how important it is for them to feel as though their employer has their health and wellbeing in mind.
Medical, Dental, and Vision Plans Increase Employee Retention
Employee retention is one of the foremost considerations of productive and profitable businesses. The cost of turnover includes recruiting, interviewing, and training before factoring in possible hours of lost productivity as the new team members acclimate to their roles.
An employee who reaps the rewards of a carefully-considered benefits plan is an employee you are likely to retain for the long-term, as switching healthcare providers and practitioners is a stressful and time-consuming process that few would voluntarily endure.
Medical, Dental, and Vision Plans Improve Employee Productivity
It is a given that employees who can manage their health and stay on top of any potential issues are more productive. Employees without benefits experience the stress of straining to afford out-of-pocket medical expenses and, counterproductively, are often forced to remain at work through poor health in order to afford treatment. Employees who aren’t mired in the anxiety of healthcare costs can focus on their work.
Offering Dental Insurance Makes Your Company Stand Out
Many employers have cut dental coverage in order to reduce costs, even though oral health is essential to overall health. In addition, many Americans neglect their dental requirements due to the cost of treatment and lack of coverage. The CDC has evaluated that one in four adults in the United States suffers from untreated tooth decay. As neglecting small dental issues typically leads them to progress to major issues, enabling your workers to seek treatment early through insurance prevents loss of productivity down the line. Offering a dental package will make your organization instantly more attractive.
Vision Insurance Is Often Overlooked (No Pun Intended)
The average American spends at least 7 hours a day looking at a screen, between computer and cell phone use. These numbers have been linked to a global rise in myopia. With our lives becoming increasingly online, the need for access to vision care is becoming more urgent for many.
Offering vision insurance, particularly in concert with health and dental insurance, will make your organization a highly sought-after employer in the marketplace.
Exploring Medical, Dental, and Vision Plan Options Can Be Overwhelming
Employee Retention Benefits (ERB) employ top-tier experts who have a thorough understanding of the benefits marketplace. No matter what type of benefits package your organization is seeking to implement, we can assist you in navigating this complex marketplace and making the right choice for your employees. If you’re in the Riverside, CA region, contact us.
