Should I offer Benefits to Part-Time Employees?
Should I Offer Benefits to My Part-Time Employees?
In today’s competitive labor market, retaining and attracting quality employees is a challenge for many businesses, particularly those with a part-time workforce. Offering benefits to part-time employees might seem like an extra cost upfront, but it can lead to significant long-term advantages, including increased loyalty, higher productivity, and lower turnover rates. But is it worth it?
The answer is a resounding yes, and here’s why.
The Growing Cost of Healthcare in the U.S.
According to recent studies, the average annual family premium for employer-sponsored health insurance rose by 4% in 2023, with average premiums exceeding $22,000 per year. Out-of-pocket costs for employees, including deductibles, have also soared, with the average deductible for a single person now around $4,000. These rising costs are straining household budgets and leaving many workers, particularly part-timers, vulnerable to unexpected medical expenses.
By offering affordable benefits through The Part-Time Benefits Company, you can ease this financial burden for your employees. Our Essential Plan provides a 7-in-1 package starting at just $1.99 per week. This plan includes a wide range of services that address critical employee needs without breaking the bank.
Telemedicine: A Budget-Friendly Healthcare Solution
High-deductible health plans can discourage employees from seeking necessary medical care, leading to worse outcomes and higher costs down the line. Telemedicine offers a simple solution: affordable and accessible healthcare. Services like Tele-Doc allow employees to consult with licensed doctors 24/7 for common ailments, prescription refills, and more—all without a costly visit to the ER or urgent care. Potentially saving families thousands of dollars per year!
For just a few dollars a week, you can provide your part-time workforce with access to this lifesaving service, helping them save time and money while staying healthy.
Why an Employee Assistance Program (EAP) Matters
Mental health is a growing concern across the U.S. Over 20% of adults—around 50 million people—experience a mental health condition each year. However, less than half receive the support they need due to cost or stigma. Employee Assistance Programs (EAPs) are designed to provide instant, confidential counseling and support for personal and work-related issues, helping employees manage stress, anxiety, and other challenges.
Providing an EAP as part of your benefits package doesn’t just support employees well-being—it boosts workplace morale and productivity. Employees who feel cared for are more engaged, loyal, and likely to contribute positively to your organization.
Affordable Dental and Vision Care
Did you know that 74 million Americans lack dental insurance? Poor dental health has been linked to serious conditions like heart disease and diabetes, making it a critical component of overall well-being. Similarly, vision problems affect 12 million people over age 40, impacting their ability to work and thrive.
By including benefits from providers like Aetna Dental, DialCare, and VSP Vision, you can give your employees the tools they need to maintain their health and productivity.
A Small Investment for Big Returns
Offering benefits to part-time employees may seem like a significant investment, but it’s one that pays off. Providing affordable options like our Essential Plan, which includes telemedicine, EAP, dental, vision, and more, helps you stand out as an employer of choice while supporting your employees’ overall well-being.
At just $1.99 per week, The Part-Time Benefits Company makes it easy to offer comprehensive benefits without overwhelming your budget. When you take care of your employees, they take care of your business.
Ready to Transform Your Workplace?
Learn more about how The Part-Time Benefits Company can help your business and part-time employees thrive. Explore our Essential Plans and see the difference affordable benefits can make.
Let’s work together to create a happier, healthier, and more productive workplace—starting today.
