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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Boosting Productivity And Engagement: Well-designed benefits programs can improve employee morale and engagement, increasing productivity and lowering turnover rates. The health and well-being of our employees is a top priority because they are our company's greatest asset. Jamie Dimon, CEO of JPMorgan Chase.

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How to Design an Employee Benefits Program Effectively

Empuls

Offering comprehensive employee benefits can improve employee morale and job satisfaction, leading to higher productivity and lower turnover rates. Certain benefits like health insurance can promote employee wellness and reduce absenteeism, which can be beneficial for both the employee and the company.

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What Are Fringe Benefits and Are They Taxable?

HR Digest

Paid time off (PTO) , travel reimbursement, tuition reimbursement, menstrual leave, and childcare assistance are some common types of fringe benefits. A report by T he Conference Board indicated that 86 percent of organizations maintain policies such as parental leave and well-being support.

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How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

According to the Re:Me research, published in November 2021 by life insurance firm Metlife, 54% of employees are considering leaving their jobs in the next 18 months, while staffing platform Indeed Flex research, from October 2021, found 45% of HR directors are already facing hiring challenges. Importance of benefits.