Offering a good benefits plan to your employees is an important way to take care of their wellbeing while also showing your appreciation for their hard work. As an employer, it can be difficult and overwhelming to figure out which plans are best to offer your employees. To help you navigate the field of employee benefits, we’ve put together a list of some helpful tips from our Insurance Brokers at LHUI. Here are four of our top tips to assistant you in finding the right benefit plans for your employees:
Conduct Employee Surveys: Communication is a key aspect of maintaining a great employee relationship in the workplace. To understand what your employees desire regarding their benefits, it’s best to conduct employee surveys. These surveys will help you identify which plans and benefits are most sought-after by your employees so that you can best provide for them in the workplace.
Learn and Utilize a Health Savings Account (HSA): Health Savings Accounts are especially important for retirement planning. As the name suggests, HSAs are savings accounts that allow account holders to put aside money specifically for qualified healthcare expenses during retirement, reports Investopedia. Many employees aim to be proactive in their retirement planning, and an HSA will help give them the peace of mind they deserve.
Learn and Utilize Preventative Health Benefits: Many healthcare benefit plans offer coverage for routine tests and screenings known as preventative health benefits. Annual flu shots, blood pressure screenings, depression screenings, and cholesterol screenings are just a few of the many preventative health benefits offered by some plans.
Consult with an Experienced Insurance Broker: If you’re still unsure about what benefits will work best for your employees, set up a consultation with an experienced insurance broker. These experts will be able to guide you in your decision and provide you with all of the options and information you need to make the best selection for everyone.
At LHUI in Seattle, Washington, our team of experts is ready to help your organization identify which employee benefits packages are ideal, learn about your options in the benefits marketplace, and maximize your employee benefits potential. Our approach is to nurture and maintain great relationships with both our clients and insurance carriers. If you are looking to maximize your employee benefits this year, schedule a consultation with us today! We look forward to working together.