Added Employee Benefits That Help With Customer Retention
We strongly believe that our employees are our greatest asset at Cheyenne International. When we opened our doors in 2002, we knew that we would never be able to build a profitable and successful tobacco company without first building our Cheyenne employee “family.” Overcoming the challenges and obstacles associated with going into the tobacco business requires way more than just offering quality products at fair prices – it requires a workforce of dedicated and passionate employees who show up to work each and every day and truly care about the quality of the products they create. Each of our employees is an essential part of our success and without their commitment to the Cheyenne International mission, we wouldn’t have been able to keep our doors open for over two decades.
Our employees helped transition Cheyenne International from a small tobacco company in Grover, NC that was just barely surviving to a widely-recognized leader in the tobacco industry that is now thriving. To honor their efforts, Cheyenne has done everything in its power to offer jobs with above-average benefits so that employees could provide for their families and live comfortably. Our employees care a lot about the work they do and it’s important to us that they know how much we truly care about THEM. In times of record employee turnover, we offer meaningful and competitive employee benefits that are essential both for attracting talent and employee retention. We know how much momentum your company loses when your work environment is a constant revolving door so we make sure to offer perks that make our employees want to stay around for the long haul. In this competitive field of talent, its imperative businesses are offering benefits to not only hire good workers but to KEEP good workers.
While not all companies have the resources to offer full healthcare coverage or overly competitive salaries, there are many other perks and benefits you can offer that demonstrate how much you appreciate and value your employees. Of course, the demographics of your workplace will have a significant impact on the benefits employees want, but there are a few common trends that are valuable to any large group of employees. Check out these employee benefits that drive job satisfaction and aid in creating a high-performing work environment that people WANT to be a part of.
Flexible Work Hours
COVID-19 normalized remote and hybrid work models and consequently, flexible work arrangements are now the most in-demand work benefit today. Though remote work is not feasible for all jobs, offering employees the ability to adjust their hours to balance work and home life shows your business caters to the varied needs of your staff.
Financial Wellness
Planning for the future is on a lot of employees’ minds. Offering a company-matched 401(k) retirement plan in your company’s benefits package puts your business in a better position to hire employees who are more likely to stay at their job until they retire. Increases to 401(k) employer contributions and matching allow your employees to live comfortable and sustained lives.
Professional Development
Individuals feel most engaged with their jobs when they are growing professionally and developing their skills and intellectual capabilities. Offering your employees opportunities for professional development not only is motivating and fulfilling for them, but it also supports your business growth and goals as well. You can support your employees’ career trajectories by offering training reimbursement or tailored learning opportunities to highlight that your organization is invested in them and their future.
Tailored Perks
As mentioned earlier, your employee benefits package should feature benefits that address a variety of employee needs – and this will vary from organization to organization. Often, there is no single benefit that appeals equally to all employees so try to stay in touch with your employees’ needs and be engaged with their jobs to help you determine the best benefits to offer. Aside from offering the basics like flexible schedules, consider the other benefits that promote a better work/life balance such as discounted gym memberships, car financing, cell phone service, and more. Be open with your employees about what perks appeal more to them and frequently ask for feedback to identify any concerns they may have with the workplace.