Remove Bonuses Remove Definition Remove Employee Retention Remove Pay Raise
article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

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. So, what non-monetary benefits can you provide to retain these employees? Bonuses through Time-Off. So, benefits are definitely important.

article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

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. So, what non-monetary benefits can you provide to retain these employees? Bonuses through Time-Off.

article thumbnail

Employee Recognition and 6 Powerful Ways To Implement It

Vantage Circle

Employee Motivation is paramount in a workplace. Employee motivation is directly related to the performance level of employees, employee retention, and Employee Efficiency. Also, almost 80% of employees say they would prefer new benefits – over a pay raise. Eisenhower.