Flexibility is Highly Valued
In addition to retention, your benefits package can help you attract top talent and win their acceptance even if they could get a higher salary elsewhere. When competing with larger organizations, your flexibility can set you apart. The study cited in this Harvard Business Review article provides insight into the sort of low cost high impact benefits you may want to consider. Click the link at the bottom of the page for access to the article.
“…after health insurance, employees place the highest value on benefits that are relatively low-cost to employers, such as flexible hours, more paid vacation time, and work-from-home options.”