5 All-Time Favorite Employee Management Trends

1. 5 ALL-TIME FAVORITE EMPLOYEE MANAGEMENT TRENDS 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 post 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 Employees 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 physicians. Continue to Page 2

2. 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. Wrapping Up 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. Source:  http://bit.ly/2z5LaxS