article thumbnail

Paul Gilshan: Are employee benefits as important as salary?

Employee Benefits

Benefits such as life insurance or disability insurance can provide financial support to employees and their families in the event of unforeseen circumstances. This can lead to higher job satisfaction, engagement, and productivity.

Salary 98
article thumbnail

How to Design an Employee Benefits Program Effectively

Empuls

The survey also found that 80% of employees would choose additional benefits over a pay raise. They are designed to help employees manage their health and well-being, and typically include health insurance, disability insurance, and wellness programs.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

The survey also found that 80% of employees would choose additional benefits over a pay raise. " Long story short, fringe benefits are taxable employee benefits and must be included in the recipient's pay. Life insurance. Disability insurance. Not just salary. Tuition assistance.

PTO 105
article thumbnail

Employee benefits for small businesses

Higginbotham

A Glassdoor survey found that 80 percent of employees prefer additional benefits over a pay raise. Disability Insurance and Life Insurance. Health insurance is a key element of any employee benefits package, but small business owners should consider offering other benefits as well.