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What Are fringe benefits? Options, taxability, and other considerations.

Business Management Daily

Social security and workers’ comp, for example, aren’t usually bonus options and so are not considered fringe benefits. Basically, the IRS considers de minimis benefits on par with small bonuses. This tax only applies to the employee, not the employer. Consult an accountant as necessary. Don’t guess with your taxes.

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12 Employee Perks That Help Your Company Win in India?

Vantage Circle

Festival Bonuses: Many Indian companies offer bonuses during major festivals like Diwali. This perk is culturally significant and highly appreciated by employees. Employee Recognition Programs These programs reward employees for their hard work and dedication, boosting morale and motivation.

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How To Build An Employee Stock Purchase Plan

Vantage Circle

If you own a business, you already know that one of the most effective retention strategies is to give your employees stock options. If not, I highly suggest getting started with something simple yet effective, like the employee stock purchase plan or ESPP. Your employees are the backbone of your company.

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How to Retain Employees: 13 Practical Takeaways from 5 Case Studies

SnackNation

Learning how to retain employees is a top concern for today’s CEOs and HR pros … and for good reason. According to a 2014 attrition survery by consulting firm Mercer , voluntary turnover is up 5% since 2011. What more could I be doing to keep them? Takeaway #13 – Don’t rely on “golden handcuffs”.

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