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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

The main difference between perks and benefits is that benefits take care of basic needs and usually require a formal opt-in from employees. Some common non-medical benefits include, paid family leave, life insurance, short- and long-term disability insurance, commuter benefits programs and wellness programs.

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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. Which Benefits Are Considered Taxable? De minimis (minimal) benefits.

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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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15 Types Of Employee Benefits That Won’t Break The Bank

Vantage Circle

It brought along with it a wave of an entirely new flock of employees. These young, bright and technology-driven workers started paying more interest to things like diversity , employee benefits package , and workplace culture. Also, you can arrange for a nightly cab service for employees who stay late to finish the job.