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Importance of Employee Benefit Package And Why it Matters

HR Digest

A strong employee benefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. Employee benefits have become an essential part of any competitive compensation package. What do you want to achieve with the employee benefit package 2. Overtime pay 3.

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56% of staff rely on workplace benefits to buy essential items

Employee Benefits

More than half (56%) of employees rely on workplace benefits to purchase essential items, a 31% increase from the previous year, according to research by Blackhawk Network (BHN) Extras. The employee benefits provider. Younger generations are frustrated with current benefit packages.

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How can voluntary benefits support employees in uncertain times?

Employee Benefits

Employees react better to communications that they consider relevant to their personal circumstances, so employers should used targeted guidance and support about benefits available. A good benefits package is the most important thing that 42% of employees look for in employment, according to June 2023 research by benefits provider Zest.

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4 ways to effectively communicate benefits

WEX Inc.

Often, employees feel confused about their benefits plans options, especially if their employer is using “complicated HR jargon” in their benefits messaging. How can your benefits messaging cater to your employees through benefits education? The information in this blog post is for educational purposes only.

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Benefits to support an older workforce

Employee Benefits

Employers could offer support through a midlife MOT, which provides a health and financial career check to help employees plan for retirement. Pre-retirement coaching can help to educate older employees on how to prepare for life away from work. The post Benefits to support an older workforce appeared first on Employee Benefits.

Pension 111
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Do employers have a role to play in overcoming the UK childcare crisis?

Employee Benefits

The Early Education and Childcare Coalition and the University of Leeds’ November 2023 study Retention and return: delivering the expansion of early years entitlement in England revealed that 35% of nursery managers said they would limit the number of places they offered unless there was more government support to retain and recruit staff.

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Voluntary benefits: A guide for your first-time enrollees

WEX Inc.

When it comes to navigating the world of employee benefits, there's a lot to take in, especially if you're a first-timer. Among the suite of benefits you’re likely to be offered, voluntary benefits are often misunderstood. Check out our other first-timer series blog posts on health plans and employee benefits.