Remove Disability Insurance Remove Paid Vacation Remove Pay Raise Remove Salary
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. Not just salary. " Long story short, fringe benefits are taxable employee benefits and must be included in the recipient's pay. Life insurance. Disability insurance. Paid Time Off (PTO).

PTO 105
article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Indirect and non-cash compensation paid to an employee. These are benefits given over and above salaries and wages. Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. Disability Insurance.

article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Indirect and non-cash compensation paid to an employee. These are benefits given over and above salaries and wages. Employees Prefer Compensation and Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to pay raises. Paid Vacation.