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Examples of fringe benefits by category

Business Management Daily

Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity. Health & wellness Insurance plans are expensive, especially in the U.S. Retirement planning For young workers, the future is a rocky place right now.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

From healthcare and retirement plans to flexible work arrangements and professional development opportunities, employees are looking for a comprehensive benefits package that meets their unique needs and preferences. Some organizations also offer on-site amenities such as gyms, childcare, or cafes.

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What employees expect from benefits packages

Business Management Daily

These policies provide workers with peace of mind that their loved ones will receive funds to use toward funeral costs and living expenses in the event of the policyholder’s death. Smart employers know that sometimes being away from the office can be in everyone’s best interest. Paid sick days encourage ill workers to stay home.

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Paid Time Off (PTO). Retirement planning services. 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. Life insurance. Disability insurance.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Many professionals began working remotely during the COVID-19 lockdown, with many growing accustomed to it and preferring to work from home. In fact, research from the Harris Poll discovered that 73% of remote workers would quit their jobs should their company enact a return to the office mandate.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Meeting Legal And Ethical Obligations: Certain benefits, such as health insurance, retirement plans, and paid time off, may be required by law in many jurisdictions. Offering good benefits helps companies attract, keep, and inspire employees, leading to better results and a positive work environment.

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The secret to having a comprehensive benefits package

Benefit Resource Inc.

According to this study by Gartner , employees now prioritize having a work-life balance over all other benefits offerings. Ensure your PTO package provides adequate time off (vacation and leave), is flexible in nature, and lets them work from home when they need to. Retirement planning & life insurance.