In a recent study by the Goldman Sach 10,000 Small Business Program, participants said the biggest problem facing them today is attracting and keeping employees. Hiring great employees is essential to the success of any business. We cannot help our clients without the support of our team. 

So, how do we attract and keep a good team? Human resources professionals know that offering competitive benefits is key to attracting and retaining the best employees. This article will discuss some of the benefits employees are looking for today. 

11 Benefits New Employees Want

1. Health Insurance 

Offering health insurance is one of the most important benefits you can offer your employees. It shows that you care about their well-being and want to help them stay healthy. This is especially important after the pandemic.  Even employees who once thought of health insurance as a nice to have, now see how fast their health condition can change.

2. Retirement Plans 

Even for young employees who aren’t even considering their retirement, a retirement plan is a great way to attract and retain employees.  It shows that you are thinking of their future even if they aren’t at that point yet.

3. Child Care 

Child care is a benefit that is becoming more and more popular with businesses. It shows that you value families and understand the challenges they face. One model we have seen is a small, in-house daycare that is for emergency situations.  The days when schools are out but there is no childcare available or on days when the nanny doesn’t show up.  This takes the stress out of your employees’ lives and keeps them coming in.

4. Flexible Hours 

The pandemic changed the way people think about work.  During the lockdown, employees were able to work when and where they chose and they enjoyed it.

Offering flexible hours is a great way to attract employees who have families or other commitments outside of work. It shows that you are willing to work around their schedules and that you value their time outside of work.

5. Paid Time Off 

Everyone needs a break from work occasionally and offering paid time off is a great wa