article thumbnail

Daemon’s reward approach supports its remote-first working model

Employee Benefits

Locke explains how the strategy is aligned to the needs a remote-first workforce and because of this, during difficult times such as the Covid-19 pandemic, it was able to provide valued benefits that offered support to staff without much adaptation to the benefits package. It has around 135 employees with the average age of 34.

IT 59
article thumbnail

How Does Dental Insurance Work and Is It Worth It?

Fringe Benefit Analysts

According to a 2007 national survey, the average, out-of-pocket dental cost per person was $873 per year. As the number one, non-medical insurance benefit offered by employers (nearly three-quarters of employers offer dental coverage), full coverage dental insurance can be a valuable part of your company’s overall benefit package.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Competitive Employee Benefits Key During Tepid Economic Recovery

Insperity

For businesses looking to grow and get ahead in the wake of the Great Recession, offering competitive employee benefits is key. Workers nationwide have seen their net worth, home equity and retirement plan values drop at an alarming rate, and are likely to appreciate their benefit packages now more than ever. percent drop. $49,

article thumbnail

The Value of Retention: Hiring and Keeping Employees for the Long Haul

Asure Software

In a case study that documented the cost of employee turnover between 1992-2007, it was revealed that for all positions except for executives and physicians—jobs that require very specific skills—the typical (median) cost of turnover was 21 percent of an employee’s annual salary.

article thumbnail

Help Your Employees Avoid Office Burnout

Insperity

A 2007 study found that 35 percent of employed adults feel that a significant source of their stress comes from their job interfering with their family or personal time, according to the American Psychological Association. Stressed out employees aren’t going to give 100 percent to their job every day. Offer Paid Time Off (PTO).

PTO 40