One of the biggest challenges any employer faces, is their ability to obtain and retain great employees. A strong and competitive employee benefit program, that sets a company apart from its competition, is one tool that when used properly, will improve the ability to hire right and retain great employees.
There are two aspects to a good benefit plan. First is the plan itself. Does the plan contain the proper benefits and is the plan competitive in the marketplace? Second, is the plan being properly communicated to prospective new employees, as well as current employees? Do they truly perceive the value of the benefit plan and as a result, is that plan working to retain and obtain the best employees.