Remove 401(k) Remove Benefits Package Remove Paid Vacation Remove Pay Raise
article thumbnail

10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. The survey also found that 80% of employees would choose additional benefits over a pay raise. Paid Time Off (PTO). Commuter benefits.

PTO 105
article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

While there are many factors which may cause this, one of the main reasons is repetitive and tedious benefits. Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. Paid Vacation.

Insiders

Sign Up for our Newsletter

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

article thumbnail

What are Total Rewards: Here’s A Holistic View

Empuls

Variable pay. Supplementary pay. Paid leaves. Retirement benefits. Legal benefits. Variable pay - Also called ‘pay at risk,’ this part of the salary package has to be ‘earned’ by meeting or exceeding certain defined criteria. Only hard work pays off!

Bonuses 52
article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

While there are many factors which may cause this, one of the main reasons is repetitive and tedious benefits. Employees Prefer Compensation and Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to pay raises. Paid Vacation.