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Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

  Beyond the paycheck: how employee benefit makes them happier  A competitive salary is essential to attract and retain top talent. But in today's job market, employees are looking for more than just a paycheck. This highlights the importance of a strong benefit package in retaining valuable talent.

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7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

From well-being to flexibility, continuous learning to personalized perks, let's understand the game-changing employee benefits trends that will take lead in the near future. These programs often cover a range of issues, from stress management to financial counseling.

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Should substance abuse insurance be part of your employee benefits?

Higginbotham

In addition to health insurance benefits with mental health and substance use disorder benefits, employers may offer Employee Assistance Programs (EAPs) to help employees who are dealing with addiction and other issues. For example, EAPs may help employees access childcare, legal services, and financial counseling.

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Which Job Perks Do Employees Value?

HR Digest

But here is the challenge – how do employers create the most competitive benefits which service their true purpose – to attract, retain, reward and engage with top talent in the market? Most employee benefits and perks do not come cheap and costs can snowball as your company expands.

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Support Your Employees’ Financial Health

eni

To prevent productivity loss, turnover and employee dissatisfaction, employers across industries are doubling down on wellness programs and integrating support services that promote financial health as well. Those that choose to meet with a counselor can move forward with a road map toward financial stability.

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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

For example : Airbnb offers a unique travel stipend to its employees, allowing them to explore different destinations and stay in Airbnb listings, aligning with the company's core business. Flexible benefits packages Employee benefits are a valuable form of recognition.

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Prioritize Financial Well-being in the Workplace

Empuls

  Since money troubles have the most significant impact on mental health, when employers offer one-on-one financial coaching with financial wellness and mental health resources, it has a tangible, positive impact on motivation, retention, productivity, overall engagement, and attendance.