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7 ways to support employees during economic inflation

Insperity

Increase company contributions to retirement planning. A 401(k) retirement plan is an important benefit that your company pays to provide for employees – and you want to make sure that they know how to take full advantage of it for their financial well-being and future security. Explore other financial incentives.

401(k) 86
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Examples of fringe benefits by category

Business Management Daily

A good regular salary may have been enough years ago, back when government subsidies managed things like healthcare and retirement, but those programs have become less and less effective. Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

These benefits are given to employees over their salaries and wages. They want appreciation and recognition for their hard work. 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. Employees love benefits.

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Employee perk ideas to improve employee satisfaction and attract top talent

Business Management Daily

Bonus packages shouldn’t be the carrot on a stick to earning a competitive salary, whether or not people meet their quotas. There’s just no substitute for paying people a competitive salary and giving them the benefits package they need to thrive outside of work. With that said, work outings are awesome.

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Designing a Remarkable Employee Perks Program that Fuels Success

Vantage Circle

In today's fast-paced business landscape, the concept of "Employee Perks Program" has emerged as a game-changing strategy that fosters a thriving work environment. Employees now want more than just salaries from their employers. If you are a manager, you would like to acknowledge your employees' hard work.

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Innovative Ways to Improve Employee Retention

HR Digest

Offer flexible work arrangements One of the most significant ways to decrease staff turnover rates is to offer flexible work arrangements. Employees value the ability to work from home or have flexible work hours.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Many professionals began working remotely during the COVID-19 lockdown, with many growing accustomed to it and preferring to work from home. In fact, research from the Harris Poll discovered that 73% of remote workers would quit their jobs should their company enact a return to the office mandate.

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