While cre­at­ing an employ­ee ben­e­fit plan, many employ­ers think no one knows their employ­ees bet­ter than them. If this had been the case, many employ­ee ben­e­fit plans would not have been falling apart. While cre­at­ing your employ­ee ben­e­fits plan, you must stay clear of pre­con­ceived notions and con­fir­ma­tion bias. To help you think with a clear mind, we have shared in this post some com­mon employ­ee ben­e­fits myths that often shroud the judg­ment of employ­ers. Let’s have a look.

1.Employee Ben­e­fits are Usu­al­ly Expensive
There are busi­ness­es that want to go over­board to flat­ter their employ­ees and do not mind spend­ing a whop­ping amount. On the oth­er hand, you will also come across employ­ers who are offer­ing ben­e­fits with­out dig­ging deep into their pock­ets. As, applic­a­ble to every deci­sion, you must be will­ing to shop around to find an employ­ee ben­e­fits health insur­ance com­pa­ny in Sono­ma Coun­ty that offers a solu­tion with­in your bud­get. Accord­ing to your needs many con­sul­tants can even cus­tomize their package.

2.Health Insur­ance is enough to Keep Employ­ees Happy
If you think hav­ing a good insur­ance plan that offers com­pre­hen­sive cov­er­age is enough to make your employ­ees fall in love with your com­pa­ny then think again. Offer­ing noth­ing more than an insur­ance plan to your employ­ees would have suf­ficed ear­li­er, now, it’s no longer enough. Employ­ees today expect their employ­ers to pro­vide more ben­e­fits such as sick leaves, retire­ment plans, and flex­i­ble work hours.

3. All Ben­e­fits Must have a Cash Value
Many employ­ers strong­ly believe that every employ­ee ben­e­fit must have a sig­nif­i­cant val­ue. Such employ­ers often frown at the idea of intro­duc­ing non-mon­e­tary ben­e­fits such as offer­ing more auton­o­my to employ­ees, encour­ag­ing them to come up with mean­ing­ful con­tri­bu­tions, and offer­ing telecom­mu­ni­ca­tion options. Though these ben­e­fits do not car­ry a mon­e­tary val­ue, how­ev­er, it can help to boost employ­ee morale and pro­duc­tiv­i­ty; the end out­come that every employ­er seek while design­ing a ben­e­fits plan.

While design­ing your employ­ee ben­e­fit plan, you need an expert by your side who can help you stay steer clear of these myths. If you are locat­ed in Petaluma or the sur­round­ing area, then con­tact Arrow Ben­e­fits Group at 707–992-3780 to stay away from these myths.