Why a Basic Benefits Package Is No Longer Enough…

Medical and dental coverage and even free food and a foosball table doesn’t cover it anymore. Potential employees want more when looking to work at your company.

“Today, most companies are at parity. A lot of the basic benefits are there,” says Matt Straz, founder and CEO of Namely, an HR and payroll platform. “Benefits that people are looking for now go beyond that. They’re actually looking for career development as a benefit of being part of the company.”

To hear more about how Straz focuses on personal development at Namely, and other insights on benefits, watch the video above.

Related: Your Employees Want Transparency. Here’s How to Give It to Them.

Stephen J. Bronner

Stephen J. Bronner is news director of Entrepreneur.com. He occasionally writes about technology, video games, food and fitness.

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