Maximizing Employee Benefits: Strategies for Effective Communication
Employers know employee benefits are important. 80% of employers think benefits increase productivity, and 78% think benefits increase loyalty. Employees want the total compensation package, which includes salary, company culture, and benefits.
Since employee benefits are such a major investment, it’s crucial to have a plan in place that ensures employees are getting the most out of their benefits package.
Create and execute a strategy
A strategy is more than saying, “We need to communicate about employee benefits.” Start by outlining what you want to accomplish. This includes defining your goals, audience, and what data you’ll use to measure your success. Part of executing a strategy is thinking like an employee. Step into their shoes—do they have to navigate multiple platforms to access their benefits? Are they required to remember several passwords? When communicating benefits, a sound strategy will get you on the right foot.
Make it an ongoing conversation
You want to discuss benefits during recruitment and onboarding, but don’t let that be the only time you talk about it. Make it an ongoing conversation by:
Customize your messaging methods
There is no one-size-fits-all method of communicating. Across generations:
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These are generalizations, of course. The best way to learn how they like to receive messages? Ask them.
Make information easy to access and understand
If your team has to play detective to search for benefits information, you’re missing out on your ROI. The easier it is to use, the more your employees will take advantage of their benefits. To ensure accessibility, ask yourself the following questions:
Facilitating easy access to benefits information enhances employee engagement and ensures they have the information they need when they need it, making the promotion of benefits more effective.
Get feedback
Employers can suss out the hits and misses in their benefits package implementation strategy by seeking feedback through both structured and casual approaches. You can conduct a survey, observe data, or hold one-on-one meetings. Use and implement the feedback to help make your benefits program and how you talk about it better.
Ask for help when needed
Benefits and communicating about them is a significant endeavor. Don’t feel like you have to go at it alone. Ask for help from a trusted advisor or a partner with a vested interest in the success of your benefits. With help and employee feedback, your benefits program will be put to good use.
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11moCommunication is key when it comes to maximizing employee benefits! 🗣️
Breakthrough Business Mentor | Transformational Leadership Mentor and Advisor | Fractional COO
11moAl Schiebel Absolutely. Well communication is really plays a crucial part in companies. Companies have must connected and create a productive environment.
Franchise Consultant - 25 Years Helping People Create More Freedom, Flexibility & Financial Independence for Themselves & Their Families Through Franchise Ownership
11moGreat reminder here, Al Schiebel. This communication is especially important for young employees. I feel that part of the "benefits package" that employees should get from employers is effective communication and education about the options available. Good stuff here!
President & Chief Strategy Officer I Fortune 500 Tech Customer Experience Exec I Executive Coach I Keynote Speaker I WSJ Bestselling Author | Thinkers 360 | TEDx Speaker
11moEffectively communicating the benefits package is essential for ensuring employee satisfaction.
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11moEmployee benefits are a cornerstone of a thriving workplace, and the statistics speak volumes about their impact on productivity and loyalty.