It’s never too early to plan for retirement. Providing great retirement plan and benefits options for your employees can help employee retention and workplace satisfaction overall. From our experienced employee benefits consultant are some tips to consider to help your employees stay informed.
Provide Retirement Education Resources and Tools
Retirement planning can be time consuming and overwhelming. It’s a big step for a once in a lifetime transition. To keep your employees prepared and not stressed about the future, offering retirement planning and education as part of your benefits package can give your employees peace of mind. Just one less stressor in their lives to lead to happy employees.
Provide Investment Options Ideal for Retirement
To ensure a secure retirement, creating a plan early in life is a valuable resource for employees. In your company’s benefits package, having options to grow wealth which can grow exponentially helps employees achieve peace of mind for those golden years. Many employees want easy-to-understand retirement benefits offered to them.
Always Opt In For Life Insurance
Employees can financially protect their loved ones if the unthinkable should happen with life insurance. Life insurance policies provide a payment, called a death benefit, to beneficiaries after the insured person’s death. Group term life insurance is an essential part of many employers' benefits packages because it provides employees with a basic level of protection. Adding voluntary term life insurance to your benefits package allows employees to purchase additional coverage for themselves and coverage for their dependents. This is one of those benefits many employees come to expect from their employers.
Make Employee Benefits Renewal Process Seamless and Easy
Having a yearly review and renewal process for employees make sure they are up to date on the current offerings and are knowledgeable about the benefits offered to them. Depending on the makeup of your employees, online versus in person benefits review should be decided on from a company by company or team by team basis. Making sure employees fully understand their coverages and opt-in to any extras is a helpful perk and makes employees feel valued.
LHUI can help you plan and develop the right insurance plans and employee benefits. Since 1990 LHUI has provided insurance and consulting services for some of the most respected companies in the country. Our team of benefits insurance brokers in Seattle, WA can help you decide and develop a comprehensive employee benefits package for your employees. No matter the size of your business, we will work alongside you to meet all of your coverage needs with creative solutions and expert guidance. From retirement planning to family planning we have expertise with it all.
Schedule a consultation today.