Are You Receiving The Right Benefits At Work?

When your job comes with a great benefits package, you get extra peace of mind. You end up with protection from the unexpected, options that can help you plan for the future, and even the ability to take time off without having to sacrifice your paycheck.

Not every company offers a comprehensive benefits package, which makes finding an employer who provides everything you need to safeguard your financial well-being so much more valuable. A strong benefits package is often worth considering at position with a lower pay rate, you may end up ahead in the end!

Here is a look at some of the best benefits a company can offer and where you can find them.

Health, Dental and Life Insurance

When it comes to your financial well-being, health, dental and life insurance all play a role. Medical and dental insurance help make treatments and preventative care more affordable. Life insurance ensures your loved ones have the monetary support they need in the event of your untimely death.

Without all of these insurance plans, you could be leaving yourself vulnerable. Medical debts are often cited as a leading cause of bankruptcy, and many families forgo dental treatments because they aren’t affordable without insurance. If you are the primary breadwinner, your family could struggle if you were to pass away. However, with these plans in place, you have a level of protection, ensuring medical and dental costs fit into your budget and that those you care about have financial support no matter what happens.

Retirement Plan

Retirement plans, like a 401(K), give you a way to sock money away to make retirement financially plausible. With a company-sponsored retirement plan, saving is as simple as possible, as you can direct some of each paycheck into the account.

Many households could not survive during retirement on Social Security alone. By finding an employer who offers a 401(K) or similar plan, you can make sure your future is bright.

Performance Bonuses

Being rewarded for exceeding expectations can be incredibly motivating.  Not all employers are able to offer performance bonuses; however, some companies believe that rewarding top performers is good for their employees and the business. That way, when you exceed expectations, you get something in return for your effort, and the company benefits from your hard work, creating a win-win scenario for everyone involved.

Paid Time Off

Without paid time off, many employees can’t afford to take a vacation. Being able to step away from the workplace and having time for relaxation are incredibly beneficial to your well-being. Plus, it makes sure you can miss work to handle personal responsibilities without suffering financially.

Finding a company that provides workers with paid time off is often a priority. Otherwise, you may not be able to maintain work-life balance, and that can be very challenging.

At CPS Recruitment, we understand employees need a solid benefits package to thrive. If you would like to work for a company that provides its employees with the benefits they need, the staff at CPS Recruitment can help you find one! Contact us to speak with one of our knowledgeable recruiters today and see how our services can help.