#HR Trends and Insights

Do Your Benefits Match Your Workplace Diversity?

September 04, 2018

Businesses invest a lot of time and energy in recruiting a diverse workforce. While the old benefits plan may have been widely popular, it might not fit your current workforce made up of many different backgrounds.
So while a diverse staff is taking care of the overall of the business, it might be time to make sure you are giving them what they need.

It’s no secret an excellent salary, health insurance and other meaningful benefits that impact your ’ lives can make you competitive in attracting and retaining the best workforce.
Here are 4 ways you can rethink your benefits offerings when thinking about your diverse .

  • Time off for children
    If you have staff considering children, more, or flexible, paid time off could be more important to them than other benefits. This benefit works for maternity leave, paternity leave and adoption support for parents who might be in a different age group.
  • Don’t forget how they get to work
    If your employees commute on public transit or pay for parking, commuter benefits could help save them up to 40 percent of their commuting costs. benefits extend to all modes of public and paid parking. Your business also realizes a benefit by saving up to 7.65 percent in payroll taxes.
  • Paid and unpaid time off, flexible schedule, remote working
    Not all workers have to figure out childcare, but some are responsible for aging adults like parents. Different work options, or even unpaid time off, can help. Other paid time off or flexible scheduling could allow employees to celebrate cultural holidays that are important to them.
  • Relocation expenses
    You might find a great candidate for your staff, but he/she lives on the other side of the country. Offer to pay all or partial relocation expenses which will show them you are committed to creating the best workplace possible.

The key is to survey your staff and see what they say. If you have many employees thinking about kids, for example, relocation expenses may not make sense. While you might not be able to take care of everyone’s suggestions, there’s the possibility something new could make a big difference.

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