Employers who value their employee’s efforts will often extend numerous other benefits apart from salary depending on the law or the collective bargain agreement. This benefits can influence the decisions of a potential employee whether to take the salary offer or not. It is important to do a background check before the commitment. These benefits vary fro one employer to another. While it ‘s hard to find an employer extending all the available benefits, you can check on the ones that are favorable to your current financial needs. So, check the following financial benefits from your employer.
Various financial employer benefits to check
Health insurance cover
Most employers appreciate their staff health welfare and go ahead to provide an insurance cover for them and their immediate family. Such companies have long-term plans to work with you. Nowadays most employers do not plan to keep staff on a permanent basis to avoid these obligations. If your prospect employer promise to offer this financial benefit, then you can rest assured you have a long term job unless you do not perform to the standards.
Students loan repayments
Any company offering a student loan repayment benefit shows another level of an employer to employee relationships. This is one of the most defaulted loans, and potential recent graduates are job hopping in an attempt to get better offers which can allow them to repay it conveniently. Employers are offering these programs to lock in the employees they have invested money and time to train. As a job seeker, it is important to ask your potential employer if they have this program or plans to start it off soon.
This has always been a rare benefit and only extended to the senior staffs only. However, today, employers have realized that this is not only a benefit to the staff but also to the company. It is a great motivation to the employees, and their productivity multiplies greatly. It is now common to offer a paid holiday to the staff once in a year which can extend to their immediate family as well. The employees can take their holiday in intervals as agrees or prepared by the employee welfare or human resource office. So check for this benefit as well before getting employed.
Employer financial benefits are a great motivation to get maximum productivity from the entire employee fraternity when done fairly. The welfare and human resource department ensure the necessary fairness.