When it comes to attracting and retaining top talent, your benefits package does play a big role in the equation. Today, there is a growing need for flexibility, and candidates are looking to employers to provide them with greater agility and critical support, something that transportation benefits can supply.
By adding employee transportation benefits, you have the opportunity to separate yourself from your competitors. Additionally, you’re offering a program that can help employees thrive, often in more ways than you’d expect. If you’re curious how employee transportation benefits can help you fill vacancies, here’s what you need to know about this perk.
What Are Employee Transportation Benefits?
Employee transportation benefits are any perk that makes commuting to and from work easier or more affordable. This can include a range of options, including:
- Allowing employees to have pre-tax money withheld to cover commuting costs
- Coordinating and paying for vanpools
- Providing rides on a company-operated employee shuttle
- Connecting employees to help form carpools
- Offering free bus, subway, or other public transit passes
- Providing free access to on-site electric vehicle charging stations
- Designating preferred, free parking spaces for carpools and vanpools
- And much more
All of these options make managing commutes easier for their workforce. In some cases, they also lower their travel costs or may eliminate them entirely.
How Employee Transportation Benefits Fill Vacancies and Boost Retention
By offering employee transportation benefits, you can position your company as an employer of choice. You are providing something that isn’t widely available in many areas, ensuring that you exceed candidate expectations and stay ahead of the competition. Not only can that help you attract top talent, but it can also boost retention, as you’re offering something that is often hard to find.
Additionally, certain employee transportation benefits can deepen your talent pool. For example, employee shuttles, carpool programs, vanpool access, and free public transit passes give candidates who don’t have reliable transportation guaranteed ways to get to work. This can make these job seekers more likely to apply, as the perk provides them with additional value.
The Impact of Employee Transportation Benefits on Productivity
Employee transportation benefits don’t just impact recruitment and retention; they also bolster productivity. By offering perks that include ride-related solutions, you make it easier for people to get to work even if they don’t have reliable transportation or access to a ride on their own. This can mean fewer absences relating to vehicle-based issues, ensuring that more of your employees can make it to the workplace each and every day.
Plus, by offering this highly desirable benefit, morale often rises. When your workforce feels supported, happy, and valued, they are typically more engaged. Not only will productivity increase, but so can the quality of their outputs. In the end, it’s a win-win, ensuring everyone gets what they need to thrive.
If you’d like to learn more about how employee transportation benefits can help you fill vacancies and retain top performers, the team at GSG Talent Solutions can help. Contact us today.