Efficient management of benefits impacts business productivity

Giving employees an attractive benefit package is the key to attracting and retaining talent. A well planned benefit management is an important resource for motivating and engaging the internal public, with positive impacts on the organization's productivity.

A survey conducted by Insper Instituto de Ensino e Pesquisa found that for 90% of respondents, non-financial resources are the motivating elements for maintenance in the current job or analysis of a new proposal.

Quality of life today is a something that people take into consideration. Positions, salaries, and company reputation are not enough to keep a satisfied employee in the workplace. In this sense, a good set of benefits stands out, collaborating decisively for the satisfaction of people and for their income.

The benefits policy must be the result of a specific planning for each company, taking into account the organization's objectives, its culture, the profile of its employees and its expectations.

Necessary care for good benefits management

Benefit management should be treated strategically by HR to be in line with the employee's wishes and function effectively as a motivational tool. Additionally, from a financial point of view, companies should be aware of the choice of suppliers to seek solutions with the best cost-benefit.

We list points that deserve attention below:

1) Have strategic and feasible planning

Planning is always critical in deploying and benefit management. It is necessary to be aware of certain benefits required by law and others that must also be respected, such as those established in collective and union agreements.

Another point that deserves attention is the benefits paid in cash, such as bonuses, rewards or variable remunerations that suffer from social charges.

Plan the benefits that the company will offer in a strategic way, which will effectively impact the quality of life and productivity of employees, but also economically viable for the company.

2) Get to know the expectations of your audience

When determining what benefits will be offered, you need to know what is important to your audience. This is essential to offer a more attractive package of benefits that fits the needs and expectations.

If possible, seek to involve people in the choice and evaluation of the benefits, using internal research, so that they are in tune with the needs of the majority, but always respecting the diversity of collaborators.

3) Adopt a clear benefit policy

Whether at the time of hiring or already in the routine, employees must be aware of all the benefits and counterparts that may be required, such as coinsurance or other discounts made by the company.

4) Evaluate the benefits offered

Measuring how employees evaluate the benefits package can be done through satisfaction surveys. This survey can help the company verify if the investment in the benefit policy is fulfilling the objective of keeping people motivated and engaged.

Outsourcing of benefits management is a solution for companies to focus on the business

Retaining talents is the key to building a solid foundation for the future of the company. All efforts in this direction must be planned strategically. With the benefits management it should not be different. It is necessary that the organization efficiently manages the composition of the package that will have considerable weight in the maintenance of the professionals that contribute to the achievement of results.

Outsourcing of benefits management is a solution that optimizes costs, releases the company from another administrative activity and guarantees the availability of benefits to its employees in the right time, positively influencing on organizational climate.

Another positive aspect is to have specialists, with the technical knowledge to carry out this service with quality and efficiency. By outsourcing this type of activity, the company can stay focused on its core business. The HR area, more specifically, can dedicate itself more efficiently to activities such as seeking the right talents and acting in the development of professional profiles.

Domingues e Pinho Contadores offers the Management of Benefits service, which initiate with the hiring process, deployment until the resources´ investment. Reports regarding movement and use of benefits can be customized according to the needs of the client.