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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

A new survey conducted by Fractl found that, after health insurance, employees favor benefits that are relatively inexpensive to employers, such as flexible hours, extra paid vacation time, and work-from-home options. In addition to the employee's salary and bonuses, an employer may pay it directly or indirectly.

PTO 105
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18 Years of Service Award Ideas for Celebrating Employee Milestones

Empuls

Book a demo with our rewards and incentives expert. For example, Microsoft could enhance their years of service awards by offering additional paid time off to employees who have been with the company for a certain number of years. IBM could then review these nominations and provide awards or bonuses based on peer recommendations.

Bonuses 40
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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

Performance bonuses Performance bonuses are a common and effective way to reward employees for their outstanding work. These bonuses are typically tied to specific performance metrics or achievements, such as meeting sales targets, exceeding project goals, or surpassing customer satisfaction benchmarks.

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8 interviewing tips to sell your company and attract top talent

Insperity

Make sure you have a clear understanding of your company’s complete benefits package, which may include: Health insurance Dental insurance Paid vacation 401(k) retirement plan Perks : How does your company go above and beyond, and what sets it apart from other companies? Don’t give the high-level overview – provide details.

401(k) 89
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11 Innovative Ways to Reward and Recognize Employees

TalentCulture - Employee Benefits

We hear it over and over again in leadership books and best practices articles. Allocate “Dream Vacation” Time to Stellar Performers We’ve implemented a special recognition program called “Flexible Dream Vacation.” ” This additional week is not subject to typical vacation rule restrictions.

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10 Basic Employee Needs And How To Meet Them

Vantage Circle

Maternity and paternity leaves, paid vacation, sick days, bereavement leaves, etc., When she is not in the vicinity or thinking about food, you can find her curled up in a corner with a good book and music. It is not just illness that needs to be kept in mind but the employees' overall wellness.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Paid Vacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work. An extension of this benefit is providing unlimited vacation. So creating a policy where they can avail paid sick leaves is a great way to show that you care for your employees’ well being.