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How To Build A Competitive Employee Benefits Package

Vantage Circle

If you have not asked that question yet, then think and give it a thought about how you can make your benefits package an attractive one. In this article, we will be discussing improving your benefits package that your employees will surely love. Advantages of a competitive employee benefits package.

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The New Normal for Employee Raises: What to Expect in 2024

HR Digest

In 2023, the labor market was a wild rollercoaster ride for both employers and employees. Ah, the eternal tug-of-war between employers and employees. It seems that even with the desire to scale back, employers are still at the mercy of the labor market and its skills shortages. A ray of hope for workers, right?

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Fertility Benefits Rapidly Rising as Employers Look to Attract and Support Talent

International Foundation of Employee Benefit Plans

Fertility and family-forming benefits are top of mind for many organizations as they reevaluate benefit packages for the year ahead. Read more > The post <strong>Fertility Benefits Rapidly Rising as Employers Look to Attract and Support Talent</strong> appeared first on Word on Benefits.

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Paid parental leave options: Understanding your rights

Business Management Daily

However, limited parental leave options in the United States often hinder them. Currently, only 27% of American workers employed in the private sector have access to paid family leave. However, some states have different laws or programs offering eligible employees paid leave.

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Employee Benefits: A Key Part of Job Compensation

Money Talk

Also known as “fringe” (short for fringe benefits) or “perks.” employee benefits generally equal 25% to 50% of a worker’s gross pay. Thus, they are a key part of workers’ total compensation package. Purposes of employee benefits include: ¨ recruit and retain talented employees (e.g., Like vacation time.

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5 Must Have Employee Benefits and Perks for 2022

Best Money Moves

5 must have employee benefits and perks for 2022. A new year means new opportunities to improve your benefits packages and offer more support to your team. 2022 is right around the corner, and with it comes a new opportunity to update your benefits offerings to better serve your employees. . Accessible paid leave.

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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

A holistic benefits strategy is one of the most important factors that job-seekers consider when deciding where to work. In fact, according to Forbes Advisor , 40% of employers believe that workers would leave their current jobs to find employment that offers better benefits.