article thumbnail

A HR guide to employee benefits

Employee Benefits

Fringe benefits are the additional benefits offered to an employee which supplement their stated salary for the service they offer. Put simply, this means benefits which you get from working, in addition to your pay, that is not in the form of money. This can include free health insurance or a company car.

article thumbnail

Benchmarking and Surveys Gauge if Employee Benefits are on Target

Corporate Synergies

What kind of health and welfare benefits attract and retain employees? With unemployment at a 50-year low, health and welfare benefits have become a big differentiator for employers, which means they need to be competitive to attract and retain employees. 1 What are competitive employee benefits?

article thumbnail

How Can Employers Help Employees With the Cost of Living Crisis?

Empuls

Affordable healthcare options Health and safety is an important cost of living support for employees and needs to be addressed for employees as per the labor laws. It is important that employers provide a comprehensive healthcare scheme and offer a safe workplace for employees.