In today’s competitive job market, offering strong benefit plans is essential for construction companies aiming to attract and keep the best workers. A well-designed benefits package not only makes a company more appealing but also shows a commitment to employee well-being.
Why Are Benefit Plans Important?
Many workers consider benefits a key factor when choosing where to work. In fact, 80% of Canadian employees look at a company’s health benefits before accepting a job offer.
This means that companies with good benefits have an advantage in hiring top talent.
How Do Benefits Help Attract and Keep Employees?
Offering comprehensive benefits can lead to higher job satisfaction and loyalty. For example, 73% of employees with health benefits would stay with their current employer rather than take a higher-paying job elsewhere.
This shows that benefits play a big role in keeping valuable workers.
What Benefits Do Employees Value Most?
Employees often prioritize health and dental insurance, retirement savings plans, and paid time off. Providing these benefits can make a company more attractive to potential hires.
How Can OCIBP Help?
The Ontario Construction Industry Benefit Plan (OCIBP) offers benefit packages tailored for construction companies. These plans are designed to meet the specific needs of construction workers, helping businesses attract and retain top talent.
Conclusion
Providing strong benefit plans gives construction companies a competitive edge in attracting and keeping skilled workers. By investing in employee well-being through comprehensive benefits, companies can build a loyal and motivated workforce.
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