Cared for Employees Benefit Companies’ Bottom Line
Many of us are familiar with the quote from Confucius: “Choose a job you love, and you’ll never work a day in your life.” In many mission-driven companies, such as CCH, employees are the life-blood of our organization and the foundation for our mission: “Providing Affordable Quality Housing in Caring Communities.”
“CCH wants to care for its employees as we try to carry out our vital mission,” shares CCH President and CEO Don Stump. “Happy, committed, and productive employees result from a combination of a supportive work environment, competitive compensation and benefits, on-going training and a sense of purpose.”
Research confirms investing in the health and well-being of employees positively impacts an organization’s effectiveness and increases productivity. Happy and healthy employees are more engaged in the organization and more likely to remain. In fact, research shows when employees are engaged, they’re 47% more likely to stay with the organization. As unemployment rates have declined in recent years, it’s more important than ever to hold onto seasoned staff who are susceptible to other job opportunities.
Why invest in employee benefits?
As an industry leader, CCH offers excellent benefits for full-time staff, including medical, dental and vision coverage. CCH also provides pension planning, paid time off and several appropriate paid holidays. Full-time employees receive an 8% contribution (no match required) to their retirement accounts.
“By offering competitive compensation and a supportive benefits plan, we’re able to recruit and retain top talent,” Don explains. “A well-thought out benefits program is an important part of an employee’s life.”
Healthier employees reduce healthcare costs and result in fewer sick days, less trips to the doctor and more productive time spent in the office. Compensation and benefits also play a major role in uplifting employee morale and commitment. “If workers feel cared for, they’re more likely to work harder for the company and are better able to focus on our residents, giving them the best possible service and support,” Don says.
“The primary product CCH offers to its owners seeking management services is our high quality and dedicated staff,” Don says. “If CCH pays, trains and provides strong benefits for its employees, we will retain our highly talented and skilled staff, which benefits our residents, those we serve and the entire organization.”