What Are the Top 3 Most Sought-After Employee Benefits?
As companies strive to address the needs of an ever-evolving workforce, questions come up, such as: what is a good benefits package? And what benefits, including non-traditional employee benefits, will prospective and current employees find the most valuable and help them feel supported and valued? Because employees expect to have some kind of package offered by their organization, including the more common 5 types of employee benefits, the importance of employee benefits can’t be overstated.
It's helpful to take a closer look at some of the most sought-after benefits: what they are, why they’re offered, and how employers can offer them to make employees feel supported.
What is the most common type of employee benefit?
The "three Rs" of employee benefits can be considered recruitment, retention, and reward. These three concepts can be helpful as a company weighs what benefits are of greatest value to the organization. Each are important for the following reasons:
Recruitment. Companies with an effective recruitment strategy may be better equipped to attract top talent to fill key roles. Strategies can be bolstered by offering comprehensive employee benefits. The types and value of benefits offered can create an appealing reason to join an organization.
Retention. When an organization focuses on retention strategies, it can mitigate the costs associated with turnover. Here, offering education benefits can be effective: according to a 2024 Workforce Edge User Survey of employees who use the platform to access their education benefits, 75% of Workforce Edge users surveyed agree that they see themselves working at their company two years from now.
Reward. Rewards can take the form of bonuses or other compensation designed to encourage achievement by employees. This kind of motivation can be effective—inspiring workers to be their most productive and help an organization reach its benchmarks.
What benefits do employees want in 2025?
In the coming year, employees will likely seek out companies with best benefits for part-time employees and full-time employes. Benefits that will resonate with employees can be expected to be those that are currently popular: health insurance, life insurance, PTO, education benefits, stipends for commuting expenses and setting up home offices, and more.
As technology such as AI continues to affect the nature of daily work, many employees might seek learning and training opportunities to make sure their skills remain competitive. Meanwhile, tuition assistance management platforms, such as Workforce Edge are designed to help workers find and enroll in the programs that can assist with their development goals—and the breadth of offerings is a popular feature with employees. According to the same user survey, 72% of Workforce Edge users surveyed agree that the variety of programs and schools to choose from is an appealing feature.
Workforce Edge helps organizations administer and manage the education benefits they offer to their employees. In turn, it offers employees the ability to find schools, programs, and any applicable savings opportunities as they pursue additional education. The goal of the platform is to help streamline the process for everyone and easily connect employees and companies to growth opportunities.
To connect with us and learn more about all Workforce Edge offers, schedule a consultation today.
As companies strive to address the needs of an ever-evolving workforce, questions come up, such as: what is a good benefits package? And what benefits, including non-traditional employee benefits, will prospective and current employees find the most valuable and help them feel supported and valued? Because employees expect to have some kind of package offered by their organization, including the more common 5 types of employee benefits, the importance of employee benefits can’t be overstated.
