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48% of employers have invested in benefits due to economic climate change

Employee Benefits

Nearly half (48%) of employers have boosted investment in their benefits package over the last 12 months in response to economic climate changes, according to research by benefits provider Zest. Salary (46%) was the next largest factor, followed by demands for better employee benefits packages (43%).

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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.,

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Benchmarking Employee Benefits: How Do You Compare?

Stratus.HR

A number of states have also added paid sick leave to their list of required benefit offerings, making compliance easier to track when sick leave is separated from vacation. Benchmarking Employee Benefits: Recruiting and Retention. 45% – Offering greater workplace flexibility. appeared first on Stratus.hr®.

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How HR can give your company’s employee retention strategy a boost

Insperity

Recruiting professionals on your HR team can help your company: Source candidates who align with both job requirements and organizational values and culture. After all, it’s time consuming and costly to deal with employee turnover and start the recruiting process all over again from scratch because you hired the wrong person.

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Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

Here, we’ll cover everything you need to know about employee benefits. These could include any number of services or programs that enhance employees’ quality of life and working conditions, ranging from educational assistance to achievement awards and options for greater workplace flexibility, including remote work.

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How to Prepare the Millennial Workforce for Management Positions

SnackNation

and “Millennials: The Me Me Me Generation,” many managers are left scrambling for creative recruiting tactics and extra room in the budget for ping pong tables. Treat flexibility as a privilege, not an obligation, and allow employees to prove they’re capable of working unsupervised and outside of the office. The worst that can happen?

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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

The total rewards program should incorporate a comprehensive benefits package beyond the minimums mandated by the federal government. When a business offers benefits to its employees, you must keep in mind that federal and state laws do not legally require the benefits. Recruitment magnet. Employee Retention.

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