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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

As an employer, you must have considered providing your employees with some extra benefits besides their regular wages. But have you ever wondered whether these benefits are taxable? What exactly is a taxable benefit, and are they legally required? But some benefits need to be taxed and added to their income.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. What are employee benefits?