Imagine you put yourself into this position in which the salary is okay, the workplace culture is good,
but the company’s benefit… not really worth it.
This is why jobseekers need to think twice about the company’s benefit before signing contract.
According to Glassdoor’s economic research, 51% of professionals are dissatisfied with their benefits package, and only 30% of employees are satisfied, and 19% are unsure.
When companies offer good benefits, employees not only feel valued but also more engaged in their work. From insurance and pension plans to various other perks that make their lives more secure have a significant impact. This is why companies need to be serious about providing competitive benefits to retain top talent.
Today’s company common problems are minimal benefit for their employees, such as no health insurance, no leave, no THR, etc. In short term impact, employees have to pay for all their healthcare with no job security guaranteed, no leave entitlement guaranteed, and work risks are borne personally.
What about long term impact?
Employees can experience long-term financial loss, with no work accident protection and no social stability and secure future.
Why the impact is bigger than you think?
Benefits are not bonuses. Benefits are basic protection that companies are required to provide. Here’s what you can check to be more aware on company’s benefit before signing a contract:
- Health insurance
- Annual leave
- THR
- Overtime according to regulations
- Clear contract
- Additional benefits (optional)
Minimal benefits aren’t just about inconvenience, it’s about workers’ safety, risk, and future.
