article thumbnail

16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]

SnackNation

16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]. 40% of respondents to Glassdoor’s Q3 2015 employment confidence survey said that they value health insurance more than a pay raise. 401(K) Plan, Retirement Plan and/or Pension. Healthcare Insurance. The reasons for this are manifold.

article thumbnail

Employee Retention Strategies Go Beyond Competitive Salaries

HR Digest

Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality. Review popular employee retention strategies and why they work to retain key employees.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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

HR Digest

Two years later, it announced it will pay $20 an hour over the next two years. 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
article thumbnail

Financial Wellness Benefits: Why You Should Care?

Vantage Circle

Consider the 401K plan, which is also a financial benefit existing way before than other benefits that organizations opt for. 20% of Employees would Trade Pay Raises for Better Health Coverage. 54% of employees want to make their own decisions, but want someone else to validate that they did the right thing.

401(k) 90
article thumbnail

Support Your Employees’ Financial Health

eni

Therefore, other efforts to minimize financial stressors may simply include 401K matching and transparency around pay raises and bonuses. These are not the only programs that can promote financial wellness, but they represent a trend among employers to support their workforce through all of life’s most challenging stressors.

401(k) 68
article thumbnail

The Role of Employee Benefits in Talent Retention: A Comprehensive Guide for HR Professionals

Hppy

Research by Glassdoor showed that 63% of employees look for new or additional benefits over a pay raise when scoping out job listings, highlighting the increasing value placed on non-monetary aspects of employment contracts.

article thumbnail

3 Tech Tools No HR Department Should Be Without

Insperity

W-4 changes, pay raises, etc.) And for changes that will be standard going forward, such as a pay raise or new 401(k) deduction, there is no need to enter this again. An automated system would also allow the person processing your payroll to enter exceptions for the given payroll cycle (e.g.,