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Are we moving away from paternalism in employee benefits?

Employee Benefits

Flexible benefits , voluntary benefits, and allowances or pots offer the potential for greater personalisation. A robust communications programme delivering frequent messaging in different formats helps employees know what is available, increasing the value of the benefits package.

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New poll reveals the benefits and perks that employees value most

cipHR

For over two-thirds (67%) of the 1,001 people polled, sick pay is the employee benefit that they value most, followed by flexible working hours (57%) and pension contribution matching (46%) – where employers offer to match employees’ pension payments on top of the minimum auto-enrolment requirements. Market-value salary (26%).

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Development opportunities, competitive compensation, and attractive benefits packages are also perks the best talent actively looks for. According to a poll from Skynova , 7 in 10 respondents felt that salary is the most important aspect of a job posting, followed by information about the benefits package.

Salary 105
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How to engage staff with a total reward offering

Employee Benefits

“If this is the case, employee benefit platforms and reward can become a redundant cost to the business and it not getting the full value of what is on offer,” she says. “It’s important for employers to ensure that reward packages are as accessible as possible.”. Staying on trend with current issues.

Finance 111
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15 recruitment challenges for 2024 (and tips for overcoming them)

cipHR

“And that covers everything from a limited HR or talent team, the benefits packages you can offer candidates, or even your ability to invest in recruitment software and advertising on job boards.” Two-fifths (40%) of these counteroffers were for a higher salary, and 38% matched the competitor’s salary.

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What are Total Rewards: Here’s A Holistic View

Empuls

"How do we create compensation and benefits programs that can help us to attract the right talent, retain that talent, and help to engage that talent now and in the future?" What are benefits? What does benefits include? You can usually gauge how employee-centric an organization is by looking at its benefits package.

Bonuses 52
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Be on the Lookout for These Top 10 Workforce Trends in 2016

Asure Software

Benefit and salary packages should be generous with some unique bonuses involved to peak applicants’ interests. The standard medical and dental package won’t pull in the most talented applicants. For the Millennial worker, personal and family time is more important than high salaries and benefits.

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