Vantage Circle

NOVEMBER 30, 2022

According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. The survey also found that 80% of employees would choose additional benefits over a pay raise. Retirement planning services. Not just salary.

PTO 105

PTO Profit Sharing Plan Bonuses Paid Leave 105

HR Digest

DECEMBER 2, 2023

Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality. Other employee retention examples include comprehensive benefits packages that are tailor-made to suit the employees’ welfare.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

HR Lineup

FEBRUARY 1, 2024

Variable Pay: Performance-Based Incentives Variable pay, also known as performance-based pay, includes bonuses, commissions, and profit-sharing plans. Crafting a comprehensive benefits package that meets the diverse needs of employees while staying competitive in the job market is a key responsibility for HR.

Bonuses 60

Bonuses Commissions Salary Overtime 60

Vantage Circle

SEPTEMBER 16, 2021

It is also referred to as an employee stock option plan (ESOP) or an employee stock purchase plan (ESPP). In other words, an ESOP plan is an employee benefit program , somewhat similar to a profit-sharing plan. ESOP plans provide tax advantages to both the company and the employees.

401(k) 52

401(k) Employee Stock Option Profit Sharing Plan Taxes 52

Vantage Circle

JULY 13, 2021

How to approach a Total Rewards Strategy that ensures benefits for both employees and employers. As an employer, you probably put a lot of effort into analyzing your workforce and the performance of your employees. When an organization adopts a Total Rewards Program, it unifies all of its benefits under one umbrella.

IT 52

IT Bonuses Employee Retention Benefits Package 52

Empuls

OCTOBER 11, 2023

Some companies share a portion of their profits with employees as a way to reward them for their contributions to the company's success. This can be distributed through bonuses, profit-sharing plans, or stock options. Flexible benefits packages Employee benefits are a valuable form of recognition.

Bonuses 40

Bonuses Retail Food Benefits Package 40