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Benefits

When creating and discussing a list of benefits in our groups this week, our top ranks were very similar. We all agreed that benefits such as health/dental insurance, 401k, and paid time off were non negotiable. When compared to other benefits that are often offered, these seemed to be the minimum of what we felt companies should offer. Personally, I think the reasoning behind this is fairly simple. When looking at a long term job, you want a company that will offer you the benefits necessary to take care of yourself and provide for your family. Additionally, just about every company is willing to offer this.

Our non essential benefits varied between us, depending on more personal preference. Some of us would prefer tuition reimbursement, while others are attracted to the idea of wellness programs. The varying answers our group had were not surprising, as our priorities and backgrounds vary.

It is interesting to look at the reasoning behind different companies benefits packages and why they offer what they offer. If a company has a lot of entry level positions they need to fill, those candidates most likely won’t be as interested in benefits such as child care. On the other hand, middle aged employees who are looking to start a family would hold benefits such as maternity leave to a very high regard.

Benefits are a huge factor in deciding what company you are willing to work for long term. A company must look at what they are able to offer while also keeping in mind the demographics of their employees.

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