Lars Lofgren, Founder of HR Advice, emphasizes that generous benefits packages significantly improve employee satisfaction. He recommends providing top-tier health insurance and paying full deductibles, including for dependents, as a way to show care. Additionally, he highlights the importance of offering substantial PTO, such as two weeks off during Christmas, and mandates for quarterly leave. Lofgren also suggests implementing strong bereavement and parental leave policies as well as a robust remote work policy to truly value employees in the work environment.
In my opinion, benefits packages have more punch when the company goes above average on the core benefits, such as offering the best health insurance and covering full deductibles.
We gave a full 2 weeks off over Christmas every year, and people LOVED it. Honestly, no one works during the holidays anyway.
Solid bereavement and parental leave also goes a long way, as well as having a true remote work policy.
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