The Power of Intangible Benefits in the Workplace Summary

Helpful Facts

  • Traditional employee benefits like salaries and health insurance are being supplemented by intangible benefits to attract and retain talent.
  • These are non-monetary rewards, such as flexible work arrangements, professional development, a supportive culture, recognition, and health initiatives, which enhance employee satisfaction and well-being.
  • They set companies apart in attracting talent, boost employee engagement and productivity, and enhance the company's reputation.
  • To effectively offer intangible benefits, companies should conduct employee surveys, foster a positive work culture, promote work-life balance, recognize achievements, and invest in employee development.
  • Collaborating with benefits professionals, like Post Insurance, can help companies create a comprehensive benefits strategy.