Benefits
Investing in your employees is aninvestment in your business, and its future.
You can change the way your employees feel about work. That’s a lot of opportunity and a lot of power, but many employers fail to use it to help their employees and thereby, their businesses.
Offering more tailored benefit solutions for your employees is the key to ensuring you get and keep happy employees. Take a look at all of the benefits you can offer! Some of them are free or low-cost and can make a real difference to your employees.
Help your employees get and stay healthy, stay connected to their loved ones and be happy at work.
Improve culture and employee satisfaction with benefits that prioritize appreciation and promote healthy practices.
Empower your employees to take control of their health, well-being, finances, and professional development.
Benefits to Improve Employee Health & Wellness
Health Insurance
Health insurance benefits are critical to maintaining your employees’ health & welfare.
Gym Memberships or Discounts
Keep your employees healthy & happy with easier access to gyms.
Employee Activities or Clubs
Give employees the chance to make friends, share interests, and learn new things with coworkers.
Volunteering Program
Give employees a chance to give back & make their community a better place.
81%
of employees said that volunteering together
strengthens relationships among colleagues.
– Deloitte
Wellness Program
Prioritize employee health & wellness with access to professionals to help employees feel their best.
88%
of organizations with a wellness program rate their initiatives as somewhat or very effective in improving employee health.
– MetLife
Benefits to Achieve a Healthy Work-Life Balance
Flexible Work Options
Give employees the ability to establish a healthy work life-balance.
Childcare Options at Work
Childcare options can ensure there is no interruption in productivity for your business & your employees can have peace of mind knowing their child is cared for.
Regular In-office Meals
Provide fuel for your employees so they can stay focused & motivated at work.
Generous PTO Policy
With generous time off, employees have ample opportunities to recharge, so they can avoid burnout and be productive.
69%
of employees turn down professional opportunities
because they are concerned they will interfere with family commitments.
– MetLife
Casual Dress Code
Casual dress codes help keep your employees relaxed & comfortable while on the job.
Wellness Program
Give your employees the freedom to use their time off when it’s best for them.
Switching to an unlimited PTO policy can save companies $1,898 per employee.
Free Office Snacks
Help employees power through the day with free coffee & snacks.
30%
of workers believe that food availability throughout the day contributes to their happiness at work.
Benefits to Gain Financial Peace of Mind
Retirement Plan
Help your employees feel secure and in control of their futures
72%
of employers say a 401k is a ‘must have’ benefit.
Signing Bonus
Sweeten a job offer with signing bonus to increase morale & loyalty before starting a new job.
Commuter Benefits
Commuting to work is stressful, but covering costs makes it easier for employees to get to work.
Profit-sharing or Equity
Give employees’ ownership over their work by offering equity in the company
Company-paid Trips
Reward your employees with a trip to celebrate performance and tenure milestones.
Tuition Reimbursement
Prioritize professional development by reimbursing educational costs to improve your employees’ skills.
50%
of employees would take or remain in a lowerpaying job if this benefit was offered.
Stock Ownership
Give employees the chance to invest in something they care about & have invested so much time in – the company.
Relocation & Moving Expenses
Make the stress of uprooting employees’ lives easier by covering moving expenses.
Professional Development & Training
Providing training and courses empowers your employees to do their best at work.
23%
of employees voluntarily leave their jobs due to
lack of development and training.
Losing talent is pricey.
The world of work is changing. Employees expectations and needs are much different now than they used to be and employers are fighting to keep up. Losing that battle can be expensive; it costs thousands of dollars to replace employees that leave. Just look at how employee benefits can work for you and keep your organization competitive, if you offer them:
Increase employee productivity
A happy worker is 12-20% more productive than a miserable one.
Increase employee satisfaction & engagement
Gallup estimates disengaged employees cost the U.S. $50-$550 billion each year.
Companies with higher engagement demonstrate better customer engagement, higher productivity, better retention, fewer accidents and 21% higher profitability.
Reduce turnover & increase loyalty
It costs an employer 50-60% of a former employee’s salary to hire and train a replacement. But 73% of employees will stay loyal to their employees longer if they customize their benefits based on their personal information.
Reduce turnover & increase loyalty
It costs an employer 50-60% of a former employee’s salary to hire and train a replacement. But 73% of employees will stay loyal to their employees longer if they customize their benefits based on their personal information.
If this is all feeling a little overwhelming or unattainable, give us a call. We can help you build the best benefits and compensation plans for you and your employees. You can explore our services and PEO packages to get a feel for what we do here. When you’re ready, we can connect you with a benefits rep or business consultant to help you get started.
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What our clients say about us
Since the opening of my first store location in 2013, I have been exceptionally impressed by XcelHR’s payroll and human resource services. They regularly visit or call to see if there is anything I need. I can honestly say I have never had that experience with any other payroll service in my 25 years as a business owner.Robin Coyle
CELEBRATING 5 YEARS WITH XCELHR
The Payroll and HR Teams are responsive, very insightful and helpful.Vonda Wright
CELEBRATING 3 YEARS WITH XCELHR
The HR staff goes above and beyond walking us through the electronic onboarding process. They are very patient and understanding.John Craig
CELEBRATING 8 YEARS WITH XCELHR
The staff has always been very professional and accurate. I appreciate their positive attitude and willingness to accommodate any of my requests.Lisa Patterson
CELEBRATING 13 YEARS WITH XCELHR
Since 2010, XcelHR has provided superior payroll and human resource services to me and my five, soon to be seven locations. Service has always been prompt and professional, which has been in stark contrast to my previous PEO. I particularly appreciate the one-on-one attention I’ve received from all departments and feel confident that my business is treated as a priority by the XcelHR Team. Thank you for your support and excellent service!Holly Ouellette