Every industry has been affected by the global COVID-19 pandemic and has had to make changes to the way they operate. Many employers want to show appreciation to staff members – especially essential employees – but are restricted by cash flow. While raises and hourly increases may not be feasible, there are a number of ways to show your employees how much they mean to the organization such as adding new benefits or incentives that won’t breaking the budget.
Why Having Financially Healthy Employees is as Important as Medically Healthy Staff
Statistics show that only about 30 percent of employees are doing well. The rest need help - financial help. ATMatWork can match your company with a local bank or credit union that will offer a surcharge-free ATM in the workplace for your staff and bring solutions directly to your doorstep. Having a bank or credit union branded ATM in the workplace not only provides savings, but they will consistently educate your employees. Partnering with ATMatWork means you have immediate access to financial pros for questions that can reduce the financial stress of employees.
How to Help your Employees Reach their Savings Goals
Employers are always looking at ways to attract and retain the best employees. One way to do this is to offer benefits that help staff reach their financial goals such as providing a surcharge-free ATM in the workplace.
New Trends in Employee Benefits for 2020
With unemployment rates steadily trending downward throughout 2019, employers are ramping up benefit plans to retain and recruit the most qualified employees. An attractive benefits package sends a message to employees that the business cares about their well being and work-life balance. As 2020 kicks off, here are new trends and developments for employers to consider.