article thumbnail

Amazon invests $1.3 billion in pay for US employees

Employee Benefits

billion) into US customer fulfillment and transportation employees’ average hourly pay. As well as looking to hire 250,000 people in full-time, part-time, and seasonal fulfillment center and transportation roles across the US, Amazon has also continued to invest in its employee benefits this year. billion (£1.1

401(k) 59
article thumbnail

4 Benefits to Help Boost Post-COVID Employee Retention

Best Money Moves

Most companies reward employees with higher bonuses and more vacation time the longer they stay with the company. To ensure this benefit structure incentivizes early employee retention, companies should have longer vacation time and higher bonuses kick in after just one year of employment. Increased vacation time and bonus with tenure.

Insiders

Sign Up for our Newsletter

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

article thumbnail

16+ types of employee benefits you should consider

Genesis HR Solutions

This includes emergency treatment, hospital stays, and medical exams, and other expenses they may face, such as transportation and lodging needs. 401(k) & 403(b) Retirement Plans. A 401(k) or a 403(b) is a retirement plan named for the section of the tax code that governs it. ( eHealthinsurance.com ).

401(k) 98
article thumbnail

Examples of fringe benefits by category

Business Management Daily

401(k) plans, pensions, and employer contributions to retirement accounts are increasingly important to young workers. Financial benefits can include: Cash bonuses : Your boss hands you some cash and says, “Hey, we value you.” In almost all cases, bonuses lead to more productivity. It’s a touchy subject. It’s a win-win.

article thumbnail

Total compensation package examples

Higginbotham

Bonuses and commissions can give annual earnings a significant boost, and various benefits can also have a major impact on your employees’ finances and wellbeing. Various Perks (Gym Membership, Transportation Benefits, etc.). Company A also offers a 401(k) with contribution matching. Commissions. Retirement Plans.

401(k) 52
article thumbnail

A Blueprint for Your Home Health Aide Job Descriptions

Hireology

401K, medical and dental insurance, paid time off, etc. Access to reliable transportation. And to ensure your job postings are seen by as many eligible applicants as possible, make sure you follow SEO best practices when posting each job description. . Job: Home Health Aide (HHA). Company: Happy Home Healthcare Agency.

article thumbnail

American employers’ push for minimum wage increase faces an uphill battle

HR Digest

The world’s biggest online retailer Amazon a pay raise for over 500,000 workers across its fulfilment and transportation sectors. This pay bump could be as low as an additional 50 cents an hour to as much as three extra dollars per hour.

401(k) 52