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Importance of Employee Benefits in the Workplace

HR Digest

These benefits are regulated by the state laws and these usually include: Unemployment Insurance . Family and Medical Leave . Disability Insurance . There are also other workplace benefits such as health insurance, paid vacation, life insurance, and retirement benefits. Social Security .

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The importance of disability insurance

Higginbotham

Bureau of Labor Statistics, 33 percent of private industry workers have 15 to 19 days of paid vacation days after 10 years at the company. That may seem good if you want to go on a summer vacation, but it likely won’t cover a serious illness or injury. The FMLA doesn’t guarantee paid leave.

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What employees expect from benefits packages

Business Management Daily

To aid in the decision-making process, though, here’s a closer look at various types of employee benefits : Health insurance. Despite the emergence of the healthcare marketplace, people still look to their employer as the first and most cost-effective choice for medical insurance. Medical plans with no or low-cost deductibles.

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10 most popular employee benefits and perks

Higginbotham

Common benefits include life insurance, disability insurance, dental insurance and vision insurance. Other options may include long-term care insurance and critical illness insurance. These insurance options are often offered as voluntary benefits. Paid Time Off. percent have a cat.

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Creating a comprehensive benefits package to attract and retain top talent

PeopleStrategy

Let’s take a closer look at just why benefits – ranging from old standbys like health care and paid vacation to relatively new offerings like paid time off to do volunteer work or pet insurance – can play such a critical role in the race for talent: How much benefits matter.

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Why Employee Perks Can Help Your Company Win?

Vantage Circle

Traditional benefits include health insurance, retirement savings options, life insurance, and paid vacation time. Instant improvements in the working lifestyle so that they can balance work-life and have a smooth career trajectory. But employees nowadays want instant gratification.

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Designing An Employee Benefits Program

Vantage Circle

Benefits program may vary but it usually consists of medical insurance, life insurance, paid time off, educational assistance program and much more. You can also hand out paid vacation packages to your employees who have done exceptionally well in their particular duties. Because why not?