Many manufacturing companies face the struggle of attracting new talent and retaining current employees. Workers are the lifeblood for any business and having the best of the best can give you a considerable advantage over your competitors. Strong benefit packages can be a great way to attract and keep turnover low. Here are a few ideas you should also consider in order to be a best place to work:
1. OFFER VOLUNTARY BENEFITS FOR MINIMAL COST
A lot of manufacturing employees may not consider medical plans because of the cost. A viable alternative for employees may be critical-illness and accident insurance. These options can cover certain medical emergencies at a lower cost than a medical plan.
Short-term disability can also be a great way to supplement income in case of an injury or illness. These voluntary benefits can be partially or solely paid by employees, giving companies the ability to offer excellent alternative benefits with a low impact on the bottom line.
2. UTILIZE A WELLNESS PROGRAM TO FOSTER A CULTURE OF HAPPINESS AND HEALTHINESS
Monetary incentives or even competitions can create a fun way for employees to stay active and healthy. This can be anything from number of step contests, team building activity challenges, or attending annual doctor visits.
Wellness programs can keep employees more engaged with your company and also help promote a positive culture and workplace environment. It may also improve your Benefits and Workers’ Compensation costs, as healthy employees reduce the severity of claims for both!
3. CREATE A PROGRAM TO SHOW APPRECIATION FOR EMPLOYEES
Showing appreciation for those who have hit milestones, promotions, or have had excellent performance in the workplace can be an easy way to show your gratitude. Whether that be a certain number of years working for the company, or going above and beyond on a project, that appreciation can be the extra motivation that keeps an employee around for years to come.
As more millennials enter the workplace, this can help companies keep up with the changing times and the transitions in the workforce as well.
In order to get the best, you need to give the best. As competition for workers becomes more aggressive, these ideas can help bring in one of the most important resources to your company, talent. Having a culture of health and gratitude can have a lasting effect on how your employees view the workplace.
