5 All time Favorite Employee Management Trends .pdf
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5 All-time Favorite Employee Management
Organizations consider their employees as one of their key business elements. As a
result, employers do not hesitate in designing and investing better employee benefit
plans as a key element of their business model. According to the U.S. Chamber of
Commerce, employee benefits comprise 42 percent of total payroll costs in the
country, which is slated to increase with increasing company’s revenues in course of
time. If you are an employer, the PDF discusses some of the all-time favorite
employee management trends that you must include in your business.
1. Assistance in Understanding Health Care Options for
Employers often overlook the benefits of healthcare for their employees. To help
spread awareness about the available healthcare options various organizations and
healthcare consulting companies have stepped-in to provide assistance to employers
as well as employees to understand various healthcare benefits. Consultants are
now being hired by the organizations to spread knowledge about the health care
benefits such as amount and time of payout, and also refer employees to the right
2. Integration of Ancillary Benefits with Health Care
Many organizations are promoting ancillary benefits to their employees, as a part of
their comprehensive health care policy. These ancillary benefits include pet
insurance, critical illness coverage, accident coverage, and group insurance plans.
Employers, today are collaborating with brokers who help in understanding the
cultural and demographic disposition of employees.
3. Investments in Employee Wellness Programs
An increasing number of organizations are coming forward and investing in employee
wellness programs that would help employees stay mentally and physically fit. This
trend is getting increasingly popular by every passing year. Though many
organizations today offer lesser financial incentives such as low insurance premiums,
but they are proactively investing in wellness programs to improve employee morale
and physical fitness. Activities such as the Fitbit challenges and 10 km marathons are
incorporated as part of such wellness programs.
4. Introduction of Flexible Work Culture
Studies have shown that flexible work culture helps not only keep employees
motivated, but also productive at work. Employees thrive under an environment
where they get the flexibility of working from home or adjust work hours suiting
their needs. According to a report by The Society for Human Resource Management,
there has been an estimated increase of 11 percent basis points in the number of
companies that offer services such as telecommuting and cab facilities.
The introduction of employee friendly programs is considered a key element to
employee management across organizations. Organizations are coming forward to
incorporate several innovative employee management practices to keep their
employees motivated and productive at work. Understanding the need for employee
friendly programs in the existing corporate setup, many prominent recruiting
companies and agencies in Dallas, also help organizations plan and execute
management strategies that help improve employee efficiency at workplace.