Why Vision Benefits Matter for Employee Retention
Read: 2 Minutes
Summary: Did you know 1 out of 4 workers are considering finding a job with better vision benefits?* In a recent survey of HR leaders and employees, we uncovered surprising stats just like this one, and more.
In today's competitive talent market, attracting and retaining top performers is crucial. But are you overlooking a key benefit that can significantly impact employee satisfaction and loyalty? We're talking about vision insurance.
Recent research commissioned by VSP® Vision Care shows a significant disconnect… nearly 9 out of 10 employees say it’s important for their employer to provide vision benefits, but just 66% of HR leaders report that their company offers them.*
(2024 VSP Workplace Vision Health Report)
This presents a golden opportunity for businesses to differentiate themselves and build a happier, healthier workforce.
Offering vision benefits could influence employees’ decisions to stay at or take a job, pointing towards its importance in both retention and recruitment strategies. For example, among workers without access to vision coverage, over half say they’re seriously considering finding a job that provides these benefits.*
Why Vision Benefits Matter
Clear vision goes beyond just seeing the screen. It impacts everything from employee productivity and safety to overall well-being.
Offering vision benefits demonstrates your commitment to employee health and well-being. This fosters a sense of value and appreciation, leading to higher satisfaction and lower turnover.
(2024 VSP Workplace Vision Health Report)
A Competitive Advantage
Sue G., Manager of People and Culture, said, "for purposes of retention the vision benefit is a benefit that people don't wanna lose when they move to another employer."
And Carolina C., Director of HR, said "one of our pillars is attract and retain top talent. And one of the ways that we do that is by ensuring that our benefits are competitive and what people are looking for."
By prioritizing vision health, you're not just investing in employee well-being, you're investing in a stronger, more productive workforce.
The VSP 2024 Workplace Vision Health Report dives deeper into the employee desire for vision benefits and the current market gap. It provides valuable insights on how companies can leverage vision insurance to attract and retain top talent.
Download the 2024 Workplace Vision Health Report today and learn how vision benefits can give your company a competitive edge in the talent market.
*2024 VSP Workplace Vision Health Report
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