An employee is entitled to a variety of benefits and among them is accommodation and enhancement benefits. These benefits may include support program for daily life, flexible schedule, educational benefits, family assistance programs, and mental and physical well- being (Brink, 2013). Establishing which of this benefits to adopting in ones’ business is a big task. Different businesses have a different requirement, but the universal factor among all of them is making a profit (The Tiny Professional, 2014). Ensuring that the best benefit of choice will be determined by the level of profit it will bring to the company and maintaining satisfaction to the employee.
Mental and physical well-being is a perfect example of a benefit that will guarantee both the employer and employee satisfaction in both ends. Ensuring that the employees are physically fit to work and are of the right state of mind enhances the productivity of the organization. Physical well-being of employee improves the performance cost by $50 - $60 annually, while mental well-being has a return on investment of $6 for every $1 spent (Colzato, 2017). This proves that it is essential to consider profitability to the business when evaluating the benefits to offer to ones’ employees.
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Accommodation and enhancement benefits are primarily for employee. However; the employer should always consider on how this benefits “pay off” for them too (Colzato, 2017). Sufficient exploitation of this benefits to maximize productivity is one of the ways an employer can benefit from all of this. When talking about exploitation, it means that employer maximizes benefits that the benefit offered will provide (Carpenter, 2018). An example will be education benefit where the employer furthers the education of the employee by paying their tuition. Through this, employees acquire new skills that can be used to enhance productivity. Enhancing the staff education improves performance by promoting creativity and innovation which the employer can maximize on to ensure the product they provide is of high quality.
References
Brink, L. (2013). Occupational health and ergonomics . United Kingdom: McGraw-Hill Education.
Carpenter, B. (2018). Reasons for employee benefits. Hearst Newspapers, LLC . Retrieved on 3 April 2018, from http://smallbusiness.chron.com/reasons-employee-benefits-14006.html.
Colzato, L. S. (2017). Theory-Driven Cognitive Enhancement: Costs and Benefits. Theory-Driven Approaches to Cognitive Enhancement, 323-330. doi:10.1007/978-3-319-57505-6_23.
The Tiny Professional. (2014). Accommodation & enhancement benefits . Retrieved on 3 April 2018, from http://www.thetinyprofessional.com/accommodation-enhancement-benefits/.
