A lot of the value that a compensation package offers workers is strictly financial. That is to say, it is the economic worth of things such as medical coverage and wellness benefits that attract the best and brightest candidates for any position. Consequently, employers often overlook more affordable ways to compensate their staffs and cut costs.
Fortunately, consulting with a benefit specialist can help to make finding relatively cheap services that workers desire easy. Additionally, some workforces are more prone to enjoy fringe benefits and non-financial services more than others. Younger employees in particular might find their needs met fairly easily and won't be as concerned with finances so much as perks.
Transportation costs, parking spaces and gym memberships might have more appeal for these personnel. It is also important to consider that young workers need every point on their resume that they can get. Job training, college credits and other similar achievements can be far more useful to a recent addition to the pool of applicants than disability insurance or retirement funds may be.
