Insurance Benefits Companies Can Offer to Their Employees

There are many factors that we consider where we would like to work. Other than directly getting paid, the benefits they offer can be one of the greatest incentives to go work for a particular company. Benefits can help a company look more attractive to potential workers by lowering their expenses rather than offering higher pay. These are some of the insurance benefits you may come across with potential companies.

• Health Insurance

In regards to insurance benefits, nothing is more common as an incentive than a company offering health insurance. It is tax deductible for the business and lowers costs for their employees. Everyone benefits.

• Dental Insurance

Dental insurance is less common but highly sought after. Whether you have a high immune system or are constantly getting sick, everyone knows it is recommended to go twice annually for check-ups. Dental issues that go undetected and untreated can turn into major issues which is why this insurance benefit is seen as quite valuable.

• Vision Insurance

As we get older, our eyesight begins to deteriorate. This can have a significant impact on our work. Even minor vision issues have been shown to slow work productivity by up to 20%, so this is an insurance benefit that can keep efficiency in the workplace high.

• Life Insurance

The life insurance benefits companies offer is usually equal to a percentage of or equal to a year’s salary. This is the one benefit no one wants to cash in, but it is a considerable benefit to have some of those related costs be covered by the employer.

• Short Term Disability & Long Term Disability

If you get hurt off the job and will need time off to recover, this is a benefit that will lessen the blow of not being able to work. Short term disability usually is offered for leaves lasting 3 months to a year and still offer around 70-80% of regular pay.

Long term disability can be offered for 1-3 years of leave with 60-75% of what you make. When you aren’t able to work, it can feel like you will lose control of your finances. This benefit from employers can make that seem much more manageable.

Easy Time Clock ™   is a cloud-based time and attendance system that provides a comprehensive, accurate, and affordable solution allowing employees to clock in and out with a computer, mobile device, or biometric reader.