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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Increasing Job Satisfaction: A comprehensive benefits package contributes to higher job satisfaction among employees. According to a survey by Mercer, 77% of employees say that benefits play a significant role in their job satisfaction. The organization pays specific amounts to cover an employee's medical care.

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Insurance for college students: What you do and don’t need

Higginbotham

When freshmen head off to college, they’re often leaving home for the first time. In addition to choosing classes and navigating a new life with roommates, it’s important to consider insurance for college students. College students often have higher auto insurance rates because younger drivers are considered riskier.

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Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

  The never-ending disappearing act: where does your paycheck go?  This is especially true when you factor in the seemingly endless list of expenses: groceries, rent/mortgage, utilities, health insurance, car payments. Happy employees are more productive, engaged, and less likely to leave for another job.

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Prioritize Financial Well-being in the Workplace

Empuls

With the rising household debt, many employees are turning to their employers for long-term financial wellness support and comprehensive benefits programs. Employers must offer comprehensive healthcare coverage for the employee and sometimes immediate family members (spouse and kids) to deal with any medical emergency.

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Designing a Remarkable Employee Perks Program that Fuels Success

Vantage Circle

In addition, it can also provide a competitive advantage in the job market, where you can attract candidates with comprehensive benefits packages. Let’s glimpse at some of the factors that act as determinants while devising a perks program- The organizational structure. SHRM ), highlighting the significance of it.