One of the keys to recruiting and retaining quality employees is to offer a great benefits package. As competitive as salaries are across industries, employee benefits can be a deciding factor for people who want job security and a pleasant work environment.

Here are 5 key benefits that attract top employees.

Wellness Programs

Businesses that incentivize healthy living as part of their employee benefits package may discover that this improves staff engagement and cuts down on absence rates. If your company offers employees free or discounted gym memberships or better insurance rates for people who pass annual physicals and are tobacco-free, you may find productivity improve.

401(k) Contributions

One of the most sought-after employee benefits is an investment in retirement. Companies that encourage their staff to contribute to 401(k)s or similar retirement plans and offer a matching contribution are very attractive to job seekers.

Savings Goals

From another perspective, it’s important for employers to understand what their teams are looking for as they think about their future. Statistically, the top concern is retirement, followed by paying down debt and building up savings.

Financial Guidance

Sometimes, employee benefits come in the form of education. The average person has a limited understanding of the intricacies of saving and investing money. Many would appreciate some advice from a professional about the options available to them, and some guidance about the best way to make their money work for them.

Offer Voluntary Benefits!

With the diversity in the workforce today, employees have different needs when it comes to protecting their families and their financial futures.  Offer voluntary benefits may be one of the best things you can do for your employees.  Voluntary benefit programs range from more traditional offerings such as dental insurance, short-term disability, and life insurance, but can also include benefits such as cancer, critical illness and accident insurance.  Having options, allows your employees to identify and select the right products to protect their families, their finances and ultimately their futures.

Offering competitive and forward-thinking benefits can help your company rise above your competitors. Be aware that these are some of the most important factors for new employees to consider.