![]() Becoming a parent is a lifelong responsibility, and companies can help share the burden particularly during the newborn years. Having a child is a major milestone that will significantly impact how employees show up to work each day. With this process, the employee is able to easily make a verification request while the employer can be hands-off but still looped in. When an outside source - like a mortgage company or bank - makes a request, then the verification process is handled automatically from the software system. Thanks to technology, income verification can be as simple as adding a software application to your existing payroll system. A company can partner with lending partners for discounted corporate mortgage rates, for example.Īdditionally, companies should be verifying income in the most streamlined way to better assist their employees with loan applications. While that’s certainly a nice gesture, being helpful could simply mean making the process easier. Now, this doesn’t mean the company needs to hand over a huge bonus at the end of the year to help with a downpayment. An employee who purchases a home with the assistance of their company will likely feel more dedicated to the company as well. Homeownership is a significant milestone, one that employers can help their employees achieve. Not sure when, where, or how it’s appropriate to best provide support for your employees? Below we discuss three major milestones that companies can help support their employees through. Whether you are a small startup or a booming corporate enterprise, your company’s involvement in employees’ milestones is significant. Long-term employees create a stable working environment, allowing for more seamless transitions during onboarding as well as higher productivity rates. It can also result in employees staying for the long haul, as they see their company is invested in their lives. This in turn leads to better cooperation amongst teammates through the pursuit of a shared company-wide vision. Doing so shows that you care and creates a sense of commitment. While these milestones may be personal achievements, they can affect how employees show up at work and their performance.Īs a company, you want to be there for your employees during these transitions. From weddings and baby showers to housewarming and retiring parties, celebrations are abundant. This means that every one of your current employees is going through different transitions and milestones. Baby boomers, Generation X, millennials, and Generation Z are all active workers today. The workforce today is a diverse, varied mix.
0 Comments
Leave a Reply. |