Remove Bonuses Remove Books Remove Paid Vacation Remove Pay Raise
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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

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The survey also found that 80% of employees would choose additional benefits over a pay raise. A new survey conducted by Fractl found that, after health insurance, employees favor benefits that are relatively inexpensive to employers, such as flexible hours, extra paid vacation time, and work-from-home options.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

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Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. Below listed are some employee benefits which employees feel are better than pay raises: Health Insurance. Paid Vacation. Bonuses through Time-Off.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

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Employees Prefer Compensation and Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to pay raises. Paid Vacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work.