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

Business Management Daily

Taxable examples of fringe benefits might include: Gym memberships Moving stipends beyond the actual moving cost Personal use of a company car Frequent flyer miles when converted to cash Certain life insurance payments Information like this can come as a shock. Ask employees what they want. Employees need benefits.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees. Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated. The maximum deduction limit for health insurance premiums is rs.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Such platform consist of specific benefits administration software designed for managing and administering employee benefits programs. Benefits platforms also allow companies to centralize and automate the administration of employee benefits, such as health insurance, retirement plans, paid time off, and more.