article thumbnail

What employees expect from benefits packages

Business Management Daily

Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. There’s no one-size-fits-all answer.

article thumbnail

Open Enrollment is Over…Now What?

CorpStrat

In order to keep their teams intact they need to actively seek out how to make their benefits package more enticing for current and prospective employees. Here’s a quick hit of the things employers should be doing right now to ensure they’re delivering the best benefits without going over on cost.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Pregnancy disability leave — who and what are covered

Business Management Daily

Some women use accumulated PTO such as vacation time or sick leave in such instances. Women needing to take time off also may be eligible for pregnancy disability leave (PDL) if no longer able to perform job duties because of pregnancy-related medical conditions. Taking this earned time off keeps a full paycheck coming in.

article thumbnail

How to evaluate the compensation plan?

HR Digest

Paid leave – holiday, vacation, PTO, sick, personal, bereavement, military pay, jury duty, etc. Retirement benefits – include 401(k)/403(b), pension plans, etc. Disability insurance. Life insurance. Do the perks and benefits meet your (and your family’s) needs as well? Employee assistance program.

401(k) 82
article thumbnail

10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

The survey also found that 80% of employees would choose additional benefits over a pay raise. When looking for a new job, any self-respecting employee would look at the complete benefits package. Many of these benefits will comprise something called "fringe benefits." Life insurance.

PTO 105
article thumbnail

Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Employee benefits are crucial for successful organizations in today's fast-paced business world. Attracting And Retaining Talent: Employee benefits are a powerful tool for attracting top talent and retaining experienced employees. Competitive benefits packages make your organization more appealing in a competitive job market.

article thumbnail

17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated. From healthcare and retirement plans to flexible work arrangements and professional development opportunities, employees are looking for a comprehensive benefits package that meets their unique needs and preferences.