Many employers are struggling to remain competitive when hiring new employees. Many are adjusting salaries to contend with rival companies, offering modern benefits such as pet insurance, and focusing on employee wellness to stay ahead. However, some benefits will always appeal to prospective and current employees. Affordable health insurance will always top the list of necessary benefits, but dental is another benefit with broad appeal.
Why is Dental Insurance Important?
Almost all employees feel dental insurance is necessary regardless of age. While many companies are trying to balance benefits to suit the needs of multiple age groups, dental insurance is a benefit that bridges generational divides. This has big implications for all businesses, small businesses included.
In fact, small businesses stand the most to gain by adding dental insurance to their benefits package. Many employers erroneously assume that younger employees do not value dental insurance as much as older employees, but this is not the case. Many small businesses with less than 10 employees neglect dental, and it may cost them talented candidates if their competitors provide it.
Below are additional reasons employers should consider adding dental coverage to their benefits package.
- Preventative care improves morale and reduces absences related to preventable conditions.
- Employees want nicer looking teeth. Employees appreciate dental plans that include whitening, orthodontia, and other dental procedures.
- Dental insurance can contribute to employee wellness programs. Employee wellness programs help employees maintain good health; this can include good oral health as well.
Employers should reevaluate their benefits package from time to time to ensure it meets employees’ expectations. If a company’s benefit offerings are lacking or falling behind the competition, they may start to experience retention and hiring problems. To learn more about using benefits as part of an effective hiring strategy, contact Chelten Consulting.