Now that you have removed a financial burden from employees with student loan repayment and offered them a chance for relaxation through unlimited PTO, you need to make sure you’re seeing the benefits of these efforts. That’s where travel assistance benefits come in.
It’s not enough to simply offer unlimited time off. If employees aren’t taking advantage of their benefits, then you won’t be reaping the rewards in increased happiness, productivity, or employee retention. However, vacationing offers its own financial burden and this prevents many people from having a relaxing vacation or even going on vacation at all. You’ve already seen the underlying benefits of lessening the burden of a student loan, why not use this same mentality in other employee benefits like vacations?
Programs like Taab combine the advantages of not worrying about money with the relaxing rewards of vacation. You don’t have to be a math wizard to reason out that adding two benefits together must also multiply the effects of these benefits. Therefore, your company will be more productive, employees will be engaged and happy, turnover will lower, and you can watch your bottom line soar.
It’s no surprise that the top three employee benefits for 2019 have deep underlying advantages for worker happiness and wellbeing — sticking true to the original meaning of ‘benefit.’ When you’re considering what benefits to offer in 2019, consider student loan repayment, unlimited PTO, and a travel assistance program like Taab. Your employees (and your bottom line) will thank you.