How To Understand And Negotiate Employee Benefits.

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As a job seeker, understanding employee benefits when comparing job offers is of utmost importance, this is because your decision to accept a  job position shouldn’t be based solely on the salary. A comprehensive employee benefits package alongside opportunity for growth should also be major factors of consideration in ultimately arriving at your decision.  

Most employees are sometimes hesitant to bring up company benefits with a potential employer, they take it for granted that they’ll just get what they get once they join the organization. Unfortunately job seekers don’t even realize that they might be able to negotiate the employee benefits package during the hiring process.

You’re losing out on potential employee benefits and perks if you don’t inquire about and negotiate these benefits. Most businesses and employers  know these benefits and perks can play a significant role in their ability to attract and retain top talent so if you’re a potential employee with in-demand skills, be alert and ready to always inquire about and negotiate  details about how your employer could tailor a benefits package that meets your satisfaction.

Below are a few questions that can help you better understand employee benefits, so as to adequately prepare you to have this important megotiation with a hiring manager:

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When should I ask about a company’s employee benefits package?

The worst time to ask this question is during the first interview. You’re only free to discuss salary and employee benefits at the first interview if the hiring manager brings up the topic.

The second interview or is usually a more appropriate time to ask for about the company benefits package assuming the employer doesn’t raise the issue. What other employee benefits and perks should l look for?

What are good questions to ask about staff benefits?

You may want to ask about flexible work schedules and remote work options, depending on the type of work you do. some other benefits you might want to ask about includes.

  • Life insurance . You’ll find most employers do provide basic life insurance and the option to purchase extended coverage.
  • Paid time off (PTO) — PTO generally includes paid vacation and sick time. Two weeks is typically the standard amount of PTO available to new hires. Some employers allocate vacation and sick hours separately. Others combine them into one PTO bank, allowing employees to take PTO for any reason, up to the total hours allotted for the year. Depending on where you work, you also may be entitled to paid sick or family leave.
  • Professional development — Many employers offer professional development opportunities such as job-specific training provided online and even tuition fees if you want to go back to school.
  • Paid parental leave — This perk lets employees earn a wage and pursue their career goals while caring for a newborn or newly adopted child.

 

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