A hybrid workplace is when employees have the flexibility to divide their work hours between their homes and a physical office location. In this setup, some companies have specific policies, requiring employees to spend a certain amount of time in the office, while others allow their employees to determine their in-office work schedule. The trend of hybrid work is on the rise, with 28% of full-time employees currently working hybrid.
This evolving work structure has not only changed the physical aspects of where work is performed, but it has also impacted several other aspects of the work environment, including employee benefits.
Health insurance is one of the most important benefits that job seekers are looking for in a company, and it is a benefit that can help retain current employees. 89% of Americans have expressed that they prefer their health coverage to be through an employer, making it a valuable benefit for any employees.
When employees work partly remote, it is important to make sure that benefit plans work for the different locations that your employees work in. This will help your company stay complaint with any local or state laws that dictate employee benefits, and it will help keep your employees satisfied.
Employers can also offer portable insurance options such as a health savings account (HSA). These options provide many benefits to employees and can help attract top talent.
Telehealth is also a very convenient and great resource for making employees that are working from home. Telehealth allows employees to see a provider in a timely manner without having to leave the comfort of their homes.
Home office equipment
The transition to a hybrid work environment calls for essential equipment such as computers, internet, cellphones, and network hardware. Employers should consider acknowledging the financial burden these tools may impose on employees and take steps to alleviate the strain.
For example, employers can provide their hybrid employees with a work cellphone if their job involves making a lot of calls. Employers can also pay for the internet that their employees will be using frequently. By contributing to these costs, employers ensure that their employees can work outside of the office without the added financial stress. Employers should be sure to speak to their accountant to understand the tax implications of these types of benefits.
Paid time off
In a hybrid work environment, it is common for employees to feel pressured to work outside of their hours. Having a home office can make remote workers feel obligated to always be on call even if they are sick or have personal obligations.
It is important to encourage hybrid employees to continue to take time off and to offer adequate paid time off to support sick days, personal appointments, and vacations. Failing to do so can lead to a unhealthy work-life balance and burnout for employees.
As the workplace continues to evolve and change, it is necessary for the traditional benefit plans to change and cater towards new and unique changes. This will help your company’s benefit package stay competitive and attract and retain employees.