HR Digest
DECEMBER 2, 2023
Other employee retention examples include comprehensive benefits packages that are tailor-made to suit the employees’ welfare. This could include health benefits, time off, retirement assistance, etc. Here, other forms of monetary compensation are useful as well.
Vantage Circle
SEPTEMBER 16, 2021
It is also referred to as an employee stock option plan (ESOP) or an employee stock purchase plan (ESPP). In other words, an ESOP plan is an employee benefit program , somewhat similar to a profit-sharing plan. Thadoi Thangjam is a content marketer and digital marketing executive at Vantage Circle.
Empuls
OCTOBER 11, 2023
Some companies share a portion of their profits with employees as a way to reward them for their contributions to the company's success. This can be distributed through bonuses, profit-sharing plans, or stock options. Flexible benefits packages Employee benefits are a valuable form of recognition.
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