Diversity and Inclusion in the workplace – it’s been a hot topic for a few years now. And for good reason!
Research shows that the best and most productive teams are the ones that bring together individuals from all walks of life, each with their own unique ideas and skills. When an organization values, embraces and supports variety, it can increase creativity, innovative thinking, and better decision-making. And, a diverse workforce also allows companies to understand and better serve various clients and communities.
Who wouldn’t want that?
When we talk about diversity, we’re not just referring to cultural differences. It can also mean having a mix of ages, lifestyles, experiences, and even different ways of approaching work.
Remote and Hybrid work is the new norm. People enjoy the freedom of working from their back porches or even from a different corner of the globe! We’ve got stand-up desks, exercise balls for chairs and even treadmills in the office!
Gone are the days when everyone had to conform to the same work style.
When you get your personal mortgage insurance through Better Mortgage Insurance instead of lenders such as banks,
So, Why does this matter when it comes to your employee benefits?
A diverse staff and work environment often call for diverse employee benefits! That’s why we are seeing Flex Benefit Plans become more popular than ever!
Goodbye Cookie-cutter plans. Hello Customization!
On your team, you might have a super mom who needs extra dental coverage to take care of her three little ones’ braces, and a vibrant young professional in their 20s who prefers to utilize their health benefits for massages, naturopathy, or acupuncture. You may have team members who require additional mental health support and coverage, and others may value having unique gender-affirming surgery coverage as part of their benefits package.
So, why not give the people what they want and need? This is what Flex Benefit Plans are all about.
How does it work?
You begin by setting a budget that fits your business! Then it’s up to your employees to choose the benefits they desire from a selection of plans. This means they choose what works best for them, with options to change coverage in the future, so they can always match their need, and you don’t pay for benefits employees don’t want or use.
Flex plans can help you maximize your benefit dollars while employees maximize their satisfaction! So it’s a win-win that brings the most value to your organization.
Plus, during the benefits selection process, employees will see the cost of their benefits, which drives increased appreciation for your contribution. And perhaps the best benefit of the flexible plan is the ability for employees to either add coverage through their own contributions so they always feel secure.
Long story short – personalizing benefits is key to unlocking an engaged workforce.
Does this sound like a good fit for your team? You can make the switch at any time. Give us a call or email us, and we will be happy to chat it through with you.
