Important Employee Benefits That Could Help Your Startup Recruit The Talent It Needs

by Startacus Admin

Want to attract top talent to your startup? Here are a few of the benefits you should consider providing your potential new employees...

There will be many challenges facing your new startup business, especially within a competitive industry. To help you to weather these storms and succeed in business, you need to ensure you have the top talent working on your side. You can attract top talent by offering benefits for your new employees; here are some examples to help you get started. 

Flexibility In Work Hours And Location

Coming off the back of the COVID-19 pandemic, many employees and employers have realised the benefit of working from home and flexible working hours. This development has opened the door to new types of employment opportunities, as it’s possible for people all across the country to work for the same business and get great work done.

Not only that, but some businesses have closed down their offices, as it became an expense that was not needed. That’s why your business should consider looking into flexible working as a benefit, as you improve your chances of attracting more top talent.

Company Paid Employee Benefits

Employee benefits are a great way to entice new team members and incentivise current workers. Consider paying for specific solutions that will benefit your staff. One popular option is personal insurance options to help team members to stay covered in case the worst happens. 

Business health insurance is a popular option for UK workers who want to feel that they are covered if they get sick. Private healthcare can be an expense that most people cannot justify, but they will be tempted by it if it’s offered as an employee benefit.  

While private health insurance isn’t necessary in the UK, as we have the NHS, long waiting lists and issues with getting non-essential care make this an attractive benefit for many potential employees. 

Group life insurance is another type of workplace insurance that you could consider offering to entice new staff. It will cover an employee with life cover paid for by the business. The policy will pay out a tax-free sum of money to the family or nominated beneficiary of an employee if the worker sadly passes away.

This payout will help provide financial support to a loved one during this difficult time, as well as help to pay off funeral costs or any other debts. To find the best provider of an insurance policy such as this, you will have to find expert help. Drewberry can help you answer the question who are the best UK group life insurance providers in 2021? Using this article, you will be able to look through different policies and offers from different providers to find the right one for you. 

Benefit Schemes And Discounts

There will be a range of different benefit schemes that your new business can explore. These schemes could help you to attract more staff and set your company apart from others.  

Any benefit or discount program you offer should be noted in the job description so that potential employees are aware. This could be the catalyst in them choosing to join your organisation and help you to grow your company in the future.  

 

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Published on: 25th August 2021