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You are here: Home / blog / Attracting & Retaining Exceptional Workers Through Employee Benefits

Attracting & Retaining Exceptional Workers Through Employee Benefits

March 9, 2020 by Step Up Recruiting

Attracting & Retaining Exceptional Workers Through Employee Benefits

During an employees’ market, especially so in terms of undergraduate or graduate candidates who have already invested a great deal of money and time in their training, you will need to consider job offers that will attract and retain exceptional employees. We wrote an article about a survey of well-educated Millennials that suggests as many as 40% will quit their jobs within the next two years. To hire, to compete, and to retain, your company will be under increasing pressure to offer more benefits to its professional workforce. 

Employers are continuing to offer or increase employee benefits, programs, services, and subsidies. According to 2019 statistics, and 2020 projections, the Society for Human Resource Management (SHRM) offers the following important data:

  • Fourteen percent of organizations are increasing professional development benefits
  • Automobile subsidies for business use of personal vehicles has increased by 8 percent
  • Relocation lump sum payments have increased 6 percent

The above statistics can help your company fine-tune its hiring and retention strategies.

One perk that may be overlooked concerns food and beverages. To justify adding or increasing this benefit, consider two key things: One, free food offerings are still not the norm. Two, several benefits for the employee will also benefit you as an employer. A study done a few years ago, but still relevant, found that offering free or subsidized food brought employees together. It doesn’t take much reading between the lines to see the spinoffs; among them are employee engagement, fewer missed meetings (including optional ones), and even access to company information that’s been posted. If you’re hiring, this overall benefit will be seen by some prospective applicants as one more reason to accept the job.

Tip – If you’re going to offer free or subsidized food or snacks, make sure to do it right: consider a diverse workforce’s dietary, religious, and health constraints.

Another incentive involves employees’ pets. In 2019 the number of pets found in the workplace grew at 11%, while 15% of organizations were offering pet health insurance. Affected employees were shown to show a greater sense of loyalty to companies that were pet-friendly. 

There are many other incentives you can offer existing employees that will affect retention, and these apply to recruitment as well. Such benefits could include:

  • Maintaining or increasing annual company outings, which are still popular with employees
  • Increasing your investment in programs, volunteer or otherwise
  • While Employee Assistance Programs (EAP) are now offered by over 30% of organizations, consider what might be called niche benefits, such as legal assistance and services

Your company may wish to buck the trends, and one of the ways it can do this is to increase spending on free computers or bursaries for employees using their own computers: this benefit has declined recently. Something that hasn’t changed much is professional and career development. Lastly, in terms of something that is not projected to expand much this year is spending on travel benefits. 

Do you have any questions for us? Do you need expert advice on hiring, benefits, and retention? Please visit our website, or fill out our easy-to-use webform.

Filed Under: blog, Info for Companies Tagged With: attracting workers, employee benefits, employee retention, exceptional job applicants

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Interview Prep was Instrumental in Landing Position



I wanted to thank you for all the help you offered me during this period of transition. I believe your interview prep was instrumental in me landing this position. Additionally, you gave some great general advice and were very supportive, overall. You are a credit to your profession, and I will certainly remember Step Up Recruiting if I am (or someone I know is) in need of a career change in the future.


Patrick - Automotive Engineer

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2018-03-16T15:59:15-04:00

Patrick - Automotive Engineer

I wanted to thank you for all the help you offered me during this period of transition. I believe your interview prep was instrumental in me landing this position. Additionally, you gave some great general advice and were very supportive, overall. You are a credit to your profession, and I will certainly remember Step Up Recruiting if I am (or someone I know is) in need of a career change in the future.
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What a blessing you are. You are also a delightful presence and such an excellent mentor and advocate!

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2015-01-26T16:47:15-05:00

Susan, Designer

What a blessing you are. You are also a delightful presence and such an excellent mentor and advocate!
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Step Up Recruiting was instrumental in recommending the ideal candidate for my Sales and Marketing position. She has been with us for many years and has been the perfect addition to our team.
They carefully matched my needs with the candidate's skills and personality.
I would highly recommend Step Up Recruiting when looking for employees to fill key positions in your company.

Owner, Senior Health Care company

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2015-01-26T21:56:03-05:00

Owner, Senior Health Care company

Step Up Recruiting was instrumental in recommending the ideal candidate for my Sales and Marketing position. She has been with us for many years and has been the perfect addition to our team. They carefully matched my needs with the candidate's skills and personality. I would highly recommend Step Up Recruiting when looking for employees to fill key positions in your company.
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Design Manager, Automotive Supplier

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2015-01-26T21:49:17-05:00

Design Manager, Automotive Supplier

Lisa has come through for us where others have failed. Her close attention to our specialized staffing requirements has provided ideal matches for multiple creative / technical positions. I’m impressed! It is VERY refreshing to have first recommendations be a perfect fit in our industry. Looking forward to working with her often in the future.
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In my experience in working with Lisa in the last couple years to network for new positions, I have found her to be very knowledgeable and professional. She is excellent with follow-up and is truly sincere in her approach to find appropriate work to match my skill-set. I would highly recommend Lisa to any individual looking for new professional positions, or a firm that is looking to match up candidates and openings!

Design Lead

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2015-01-26T21:59:26-05:00

Design Lead

In my experience in working with Lisa in the last couple years to network for new positions, I have found her to be very knowledgeable and professional. She is excellent with follow-up and is truly sincere in her approach to find appropriate work to match my skill-set. I would highly recommend Lisa to any individual looking for new professional positions, or a firm that is looking to match up candidates and openings!
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Knowledgeable Guide

I've had a great experience working with Lisa. Finding and getting a job is a difficult process, but having a knowledgable individual, like Lisa, guide you through that process is incredibly relieving. Not only did she help me with things like updating my resume, Linkedin, and website, she also helped me narrow down the type of career I want.

Hannah - Graphic Project Manager

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2017-12-05T19:03:44-05:00

Hannah - Graphic Project Manager

I've had a great experience working with Lisa. Finding and getting a job is a difficult process, but having a knowledgable individual, like Lisa, guide you through that process is incredibly relieving. Not only did she help me with things like updating my resume, Linkedin, and website, she also helped me narrow down the type of career I want.
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Mark-Engineer

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2015-05-05T11:51:51-04:00

Mark-Engineer

I want to extend my great appreciation and thank you for your assistance with my resume. Because of your assistance, I have had several offers and I will be starting with a new job. None of that could have happened without the great advice you gave to me and the time you spent helping me with my resume. What you recommended made an incredible difference. Thank you!
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Great Service

Lisa has provided great service as an Account Manager. She has provided excellent candidates, and her recruiting team is a portrayal of her guidance and professionalism. Whatever positions we are looking for, she was able to accommodate and provide the service and candidates for review. Lisa will go above and beyond to service our recruiting and staffing needs.

Human Resource Manager- Automotive Supplier

Step Up Recruiting
2015-01-26T21:50:49-05:00

Human Resource Manager- Automotive Supplier

Lisa has provided great service as an Account Manager. She has provided excellent candidates, and her recruiting team is a portrayal of her guidance and professionalism. Whatever positions we are looking for, she was able to accommodate and provide the service and candidates for review. Lisa will go above and beyond to service our recruiting and staffing needs.
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I really appreciated working with Lisa on my recent job search. She is one of the recruiters that truly adds value both to the candidate and the employer. Her tireless effort, willingness to invest necessary time, and desire to achieve a win-win outcome makes her a standout in her industry. I'll look forward to working with Lisa again when I'm seeking candidates!

Engineering Vice President- Automotive  Supplier

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2015-01-26T21:53:18-05:00

Engineering Vice President- Automotive  Supplier

I really appreciated working with Lisa on my recent job search. She is one of the recruiters that truly adds value both to the candidate and the employer. Her tireless effort, willingness to invest necessary time, and desire to achieve a win-win outcome makes her a standout in her industry. I'll look forward to working with Lisa again when I'm seeking candidates!
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