Business Dictionary
Employee Benefits
What is Employee Benefits?
Employee Benefits is a combination of health coverage plans and services that is designed to meet the most common and critical needs of your employees. Your Employee Benefits package is a representation of your commitment to the wellbeing of your staff and it’s a part of your organization’s identity when it comes to attracting and retaining the brightest and best personnel.
Having the right employee benefits plan in place is an investment in your business because happy and healthy employees are productive and committed. It’s one thing for a business to claim they are invested in their staff, it’s another thing to demonstrate it. More than any time in history, employees want to feel like they have a partnership with their employers; understanding that their health needs are cared for goes a long way in building that relationship.
Ask A Business Expert Explains Gross Margin
What Causes Employee Burnout?
Burnout is not caused by regular stress. All jobs come with some stress that will wax and wane through normal cycles. Burnout is a result of unrealistic deadlines and uneven workload distribution. It happens when the expectations for what someone is supposed to achieve are beyond what they are capable of.
Specifically, burnout is caused by:
- Unrealistic job and goal expectations
- Unclear job and goal expectations (poor communication)
- No control over workload
- Unrealistic time expectations
- Long hours
- High-pressure environments
- Inefficient processes and workflows
- Little to no recognition of effort and achievement
Learn More
If you’d like to learn more then check out the article titled, ‘How Do I Set Up An Employee Benefits Plan?‘
