Business Management Daily

APRIL 29, 2024

Fringe benefits are how employers make up the gap. By offering perks such as gym memberships and plenty of vacation time, companies can sweeten the deal for prospective new hires and attract top talent. In this blog, we’ll talk about different types of fringe benefits and how employers can make the most of what’s available.

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Out of Pocket Cost PTO 401(k) Deductible 84

Insperity

FEBRUARY 20, 2020

Employers that offer the right set of workplace perks can realize benefits to their business and their workforce. Flexible work schedules reap benefits for both the employee and employer, such as: Productivity increases. And note that this workplace perk doesn’t cost the employer a dime. So where do you start? Emphasis on value.

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401(k) Paid Vacation Disability Insurance Insurance 102

HR Bartender

MAY 1, 2018

And older employees want to take time off to attend kids’ events and take care of sick loved ones without “wasting” their vacation days. We were offering new employees three weeks of paid vacation, which is comparable to what local companies with which we compete for talent were offering.

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401(k) Parental Leave Paid Vacation PTO 113

Empuls

SEPTEMBER 20, 2021

But not recognizing or rewarding your employees at all will make you lose your credibility as an employer. An incentive is an object, an item of value, reward, or privileges that motivate employees to do more and meet the goals set by the employer. The same goes for paid leaves since every organization has a different leave policy.

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Paid Vacation 401(k) Paid Leave Bonuses 52

Vantage Circle

AUGUST 16, 2021

A bonus is paid to an employee as an incentive to perform well throughout the year. Most times, employers award a bonus for a specific achievement that meets the company's expectations. A retention bonus is financial compensation paid to employees who have remained with their organization for a specific length of time.

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Business Management Daily

SEPTEMBER 15, 2021

Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. Someone definitely could view an employee benefits package that lacks health insurance or paid sick days as a reason to not accept an offer of employment.

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Benefits Package Family and Medical Leave Act Health Insurance PTO 52

Empuls

APRIL 28, 2023

According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. Attracting and retaining top talent is more important than ever. What are employee benefits?

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Family and Medical Leave Act Employee Benefits Parental Leave Benefits Package 40