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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. What are employee benefits?

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What Are Fringe Benefits and Are They Taxable?

HR Digest

Fringe benefits can take on many forms and its definition can vary according to the company. Some companies can offer mental health support for all their employees. Something as serious as retirement planning assistance could just as soon be a benefit as providing a gym membership for employees who want to work out.

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

Business Management Daily

Social security and workers’ comp, for example, aren’t usually bonus options and so are not considered fringe benefits. Employee feedback. Gather input from employees through surveys or meetings to understand their preferences and needs. Offer a variety of benefit options to meet diverse employee needs and preferences.

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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

What exactly is a taxable benefit, and are they legally required? If you are a leader or HR professional, you know how important benefits are to the modern workforce. It's no secret that employee benefits are an excellent employee retention strategy. How To Determine If A Benefit Is Taxable?

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Everything You've Ever Wanted To Know About ESOP Plan

Vantage Circle

ESOP plan (employee stock ownership plan) is a form of employee compensation that provides employees with an equity stake in the company. It is also referred to as an employee stock option plan (ESOP) or an employee stock purchase plan (ESPP).

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7 Noteworthy Fringe Benefits for your Workforce in 2020

Vantage Circle

But, there’s also a list of few tax-exempted fringe benefits that you can consider for curating a lucrative employee benefits plan. Here, are some of the tax-free fringe benefits and why you should count them in your employee benefits package. Employee Health Insurance Benefits.

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The A to Z Explanation About Phantom Stocks

Vantage Circle

A phantom stock, also known as “shadow stock” or “ghost shares”, gives employees the opportunity to share in the wealth and success of the company. Companies do this by providing employees with a stake in the company's stock as well as a retirement plan to ensure they have enough money later on in life.