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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

Mercer’s 2023 Health and Benefits Strategies report shows that many employees are looking for benefits packages that include parental leave, adoption leave and elder caregiver leave. These benefits provide personalized advice for all aspects of a person’s financial life.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Pension Plans A pension plan is a benefit for employees. Pension plans provide a predictable retirement income based on a predetermined formula considering the final salary and years of service. Traditional pension plans have become less popular in the private sector due to cost concerns and changing times.

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How to Design an Employee Benefits Program Effectively

Empuls

Retirement benefits Retirement benefits include pensions, 401(k)s, and other retirement savings plans. Time-off benefits These benefits include paid time off, sick leave, and vacation time. You may also want to consider cost-sharing arrangements, where employees pay a portion of their benefits.

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

Employee Benefits

Importance of benefits. Research published by benefits provider Unum in December 2021, meanwhile, found 40% of staff who quit their job say a better employee benefits package would attract them to a new employer. Freedom to choose. Beyond these, people want freedom to choose what they would like.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Parental leave Offering generous parental leave policies can help support millennial employees who are starting families. This benefit can help demonstrate that you value work-life balance and support employees throughout different life stages.