A Roundtable Interview on Employee Benefits

by | Jan 31, 2020

How do employee benefits work to your benefit?

Katie Coulson

HR Manager

Kwest Group

Perrysburg, Ohio

We are a team that believes in multiple dimensions of wellness. We embrace and celebrate that all health matters, for all team members. We understand that when we operate as a team and our team members are healthy, Kwest Group is healthy. We promote a culture of healthy living so that, as a company, we can focus on sustainability. Our wellness goals are simple—to create, communicate and motivate a culture of engagement that results in more preventative screenings and less overall health care costs. From physical to mental and emotional to financial, we have established goals and resources to ensure our benefits are truly beneficial to all. 

Safety, quality and customer service are core values. Healthier, happier and more productive lives are core to our team member values. When we work together and engage in the benefits of Kwest, we are maximizing the quality of life for each member of our team and our company.

Jodie Parkins

Office Manager/Human Resources

Keen Project Solutions, LLC

Ankeny, Iowa

Keen offers the best services in the industry by hiring great people. Retaining high-performing teams is very important in our specialized industry.

One of Keen’s most important principles is “Protect People. ”Helping employees to navigate healthcare expenses with company-subsidized plans makes insurance affordable; we also incentivize active lifestyles by offering discounted health club memberships and emphasize retirement savings through 401Ks.At Keen, offering great benefits ensures that we protect employees in their daily lives.

Strong leadership is essential to building relationships and caring about our employees’ professional growth and development. We also give employees one-on-one time, as well as provide an open door policy, constructive feedback, positive work atmosphere and overall respect so employees can create solutions and stay true to our values.

In addition, we empower our employees to build great things using lean methods, simultaneously focusing on end goals for our customers but having fun while getting work done. Lean thinking promotes an emphasis on safety, creative solutions, predictability, decreased stress and improved productivity, resulting in both customer and employee satisfaction.

Nathaniel Peniston

Vice President

Fringe Benefit Group

Austin, Texas

According to the U.S. Bureau of Labor Statistics, firms in the construction industry offer health benefits to their employees just 43% of the time and retirement benefits about one-third of the time. By comparison, this is lower than the average for all corporations, which offer retirement and health benefits at least 50% of the time. When speaking with construction business owners, a common sentiment about benefits is that “they’re too costly, and my team doesn’t want them.” Owners are sometimes surprised to learn that—at least statistically and when compared to all other industries—construction workers have nearly the lowest rate of “eligible, but not participating.”

Benefits can be affordable for employers and relatively easy to administer. For instance, retirement plan providers frequently offer plans with compensation built on the assets under management. Employers that don’t currently offer benefits may consider looking into programs specifically designed for the skilled labor workforce, where firms offer holistic, end-to-end solutions designed to make enrollment and communication both effective and efficient. The evidence is clear: offering employee benefits solidifies the employer-employee partnership and sets teams up for success.

Author

  • Construction Executive

    Construction Executive, an award-winning magazine published by Associated Builders and Contractors, is the leading source for news, market developments and business issues impacting the construction industry. CE helps its more than 50,000 print readers understand and manage risk, technology, economics, legal challenges and more to run more profitable and productive businesses.

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