Incentives/ strategies FOR BENEFITs

SOME TYPES OF BENEFITS NON-PROFITS MAY OFFER:

Group Health Insurance:
- Group health insurance is comparatively less expensive than individual health insurance for employees.
- It can also endure significant savings plus tax advantages. Therefore, it is a key benefit for both employers and employees within their respective organizations.
- Make sure to include dental and vision care in the group insurance as well.
- To learn more about how to implement group Health insurance within your non-profit organizations visit this link: Everything you need to learn about group health insurance!

Paid Time Off (PTO)
- This is a very common benefit that is utilized by non-profit organizations which grant employees personal time off including vacation, sick leave, or holidays.
- Employers who have offense paid time off (PTO) to their employers have seen a decrease in unannounced absenteeism and therefore, an increase in the productivity level of their organization as a whole.
- The articles below are excellent resources to get started making a PTO program for employees!

Bonus and Incentives
- These are extra benefits organizations can offer employees to increase and maintain motivation to work towards their target goals.
- Bonuses and incentives can be utilized in various forms, including monetary and non-monetary compensation.
- Bonus and Incentives may include the following: cash bonus, gift cards, certificates, and company merchandise.
- Visit the links below to learn more about how to implement effective incentive programs.

Remote Work Benefits
- After the Covid-19 transition from on-site to remote, this method has become a priority for health and safety concerns. Ever since, many employers and employees have adopted this method of work, so it is essential to create a work-from-home option in benefits programs.

Improves employee's level of satisfaction
- Having flexible work-from-home options provides employees to balance their work and life at home better.
- According to a survey conducted by PGi, a worldwide supplier of collaboration software and services, roughly 82 percent of the respondents indicated lower stress levels and 80% claimed improved morale working from home (PGi, 2018).

Increases Recruitment and Retention within organizations
- Organizations will have a large pool of applicants with the opportunity to work from home. Furthermore, because potential employees are not restricted to a single region, organizations will be able to attract top-skilled people from a variety of locations to help them achieve their objectives.

Boost Employee motivation -> increasing overall productivity
- Working from home provides a better working environment to focus in, with less distraction, more comfort, and less time wasted on commuting back and forth to the workspace.
- According to Forbes, 91% of employees claim that working remotely has increased their productivity levels.
- Important to note that implementing flexible working conditions will decrease absences as they can work from home!

Reduces Carbon footprint
- When you work from home you do not have to commute back and forth in your mode of transportation. You reduce the use of gas, saving commuting money and time to do work instead of being on the road.

Lowers use of overall services and facilities
- Having the flexibility to work from home means less use of energy, including the use of office resources such as electronics, janitorial services, and consumption of water, coffee, and parking subsidies as well.

Other Employee Benefits
- Fringe Benefits are the most well-known benefits offered to employees at the moment. A growing number of organizations are implementing non-monetary perks that replace their salary amount in their compensation packages to attract and retain employees, as well as compete with for-profit organizations.
- Education Benefits are in high demand at the moment as well. They are benefits provided to the employee with the intent to enhance their knowledge and develop new skills that will promote a learning and productivity environment in the workforce.
- Commuter Benefits emphasize offsetting the cost and the time of employees commuting back and forth from their homes to work every day. This helps employees financially and depending on the transportation system, they can provide transit passes and offer carpooling as well.