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Examples of fringe benefits by category

Business Management Daily

Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity. Health & wellness Insurance plans are expensive, especially in the U.S. Retirement planning For young workers, the future is a rocky place right now.

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7 ways to support employees during economic inflation

Insperity

To maintain strong employee relationships and avoid getting caught off guard, inflation is one of those current events for which you should consider preparing a communication plan. Increase company contributions to retirement planning. Urge them to not give up on their investments or their retirement dreams.

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Top 20 Examples of Employee Incentive Programs

Vantage Circle

Many companies are also willing to pay retention bonuses to keep employees on board. It is a form of extra payment for completing a project or the proper execution of work. Retirement Plans. Who doesn't want to retire early? Retirement plans can be in the form of both a 401(k) plan and an employer match plan.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Meeting Legal And Ethical Obligations: Certain benefits, such as health insurance, retirement plans, and paid time off, may be required by law in many jurisdictions. Offering good benefits helps companies attract, keep, and inspire employees, leading to better results and a positive work environment.

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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

Performance bonuses Performance bonuses are a common and effective way to reward employees for their outstanding work. These bonuses are typically tied to specific performance metrics or achievements, such as meeting sales targets, exceeding project goals, or surpassing customer satisfaction benchmarks.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

From healthcare and retirement plans to flexible work arrangements and professional development opportunities, employees are looking for a comprehensive benefits package that meets their unique needs and preferences. This can include employee of the month programs, bonuses, or other forms of recognition.

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Retirement planning services. 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. However, organizing such events go beyond being fun.

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