Many employers are good at offering their workers time off as well as bonuses and more. Employees also may have a certain portion of their health care premiums paid. There are other benefits employers may not offer, but are important to their workers. These are benefits that could make a big difference in the lives of employees and the business.

Bereavement

Most HR professionals state their employer provides paid bereavement leave. There are still organizations that don't provide this benefit. This is a situation where a company can make an employee feel their employer is supporting them during a difficult time. An employee will need to make an emotional recovery. When companies don't provide this benefit, it can cause resentment. This can result in poor work performance.

Senior Dental Insurance
According to the Centers for Disease Control and Prevention, older Americans are a growing demographic in the population in the United States. It has been estimated there are over 34 million individuals 65 years or older.

The Bureau of Labor Statistics estimates that over 31 percent of individuals 65 to 74 years of age are currently in the workforce. With the number of seniors re-entering the workforce, as well as not retiring, the number of seniors working at any company has increased. Providing senior dental plans is a good way to encourage seniors to continue working at a company and provide for their needs.

Disability Insurance
Accidents are unexpected events. They happen more often than most people realize. The Social Security Administration calculates that 25 percent of individuals in their 20s will have a disability. They will not be able to work before reaching the age of 67. Providing employees with disability insurance is important. Depending on the occupation, some states make it a legal requirement. There is also disability insurance plans an employer can offer that require employees to pay part of the premium.

Employee Assistance
It has been estimated that 20 percent of workers are facing serious personal issues at any given time. Employers need to realize over 48 percent of employees say this type of stress hinders their work performance. Employee assistance programs are designed to help an employee handle their personal issues. Employers have experienced serious benefits from such programs. They've led to a higher retention, lower absenteeism as well as increased productivity and more.

Finance Education
Employees know how to work and get a paycheck. Many claim they constantly worry about their financial situation. Some employees say they spend as much as three or more hours a week on personal finances at work. They may not know how to best use their paycheck. Many companies are offering their employees education on how to best handle their personal finances. This type of education has helped workers get out of debt and build a strong financial future.

Health Savings Account (HSA)
Employees appreciate the lower premiums offered with an HSA plan. The money in their HSA account can be used for a variety of things. Depending on the plan, it could be used for dental work, prescriptions, eye care and more.

An HSA plan will save an employer money when it comes to paying premiums. The employee's monthly premiums will be lower, but so will the employer's premium payment. Both employees and employers can benefit when their HSA plan meets the requirement for being tax-exempt.

Wellness Programs
These are programs designed to focus on an employee's health. A business may offer to lower an employee's medical insurance premiums if they agree to participate in an assessment of their health risks. Some offer bonuses for employees who complete health tasks like running a race, reaching blood pressure or cholesterol targets. There are also companies who help their employees stop engaging in unhealthy habits such as smoking and more.

The business world is a competitive place. To hire and keep key employees may require more than money, it may require providing more benefits. Working to keep employees healthy leads to a better work environment and higher retention rates.