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Top 7 Employee Benefits and Incentives

Employee Benefits

The prominence of employee perks is on the rise, and as such, workers’ expectations are also climbing. In today’s business environment, a comprehensive and attractive suite of employee incentives can serve as a hallmark of a company’s prestige and plays a crucial role in fostering a productive, satisfied workforce.

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Top Careers for HR Professionals to Pursue

HR Digest

Consultants can specialize in benefits, employee incentives, pensions, team building, company culture after mergers and acquisitions, outsourcing and even labor dispute settlements.

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Everything You've Ever Wanted To Know About ESOP Plan

Vantage Circle

In an ESOP plan, the employees own these stocks, which are sometimes turned into an individual retirement account. According to the Employee Ownership Foundation , an Employee Stock Ownership Plan (ESOP) is a tax-qualified retirement plan authorized and encouraged by federal tax and pension laws.

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

A matching 401(k) or pension. Use of a company car. And if you’re really shooting for the moon, you may even provide a few of these: Unlimited vacation time. Free healthcare coverage. Paid time off to volunteer. Childcare support. Student loan reimbursement. Adoption or fertility assistance. 100 percent paid cell service with unlimited data.