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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.

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How Non-Medical and Niche Employee Benefits Promote Productivity

Flimp Communications

Some common non-medical benefits include, paid family leave, life insurance, short- and long-term disability insurance, commuter benefits programs and wellness programs. Some organizations provide tools to help employees understand complicated benefits packages. Niche benefits matter.

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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

It's no secret that employee benefits are an excellent employee retention strategy. In fact, 51% of employers said that the use of benefits as a retention tool would become even more important in the next 3 to 5 years. Are taxable benefits good or bad? There is no definite answer to this.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees. Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated.

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Rethinking Employee Benefits Package: Why Personalization is the Key?

Empuls

For example, your country’s laws might mandate you to provide health and disability insurance. However, they might not really be what your employees want. On the flip side, personalized benefit packages fully rely on the inputs, painpoints and needs of your potential workers or existing employees.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

These include insurance for losses from accidents, disability, sudden death, dismemberment. Disability Insurance. The employer pays for the worker’s salary if the worker becomes disabled or is unable to work. Short-term covers for the employee for up to 6 months while long-term covers a worker’s lifetime’s salary.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

These include insurance for losses from accidents, disability, sudden death, dismemberment. Disability Insurance. The employer pays for the worker’s salary if the worker becomes disabled or is unable to work. Short-term covers for the employee for up to 6 months while long-term covers a worker’s lifetime’s salary.