article thumbnail

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

Business Management Daily

Other non-taxable benefits can include: Achievement awards Adoption assistance Child/dependent care and assistance Tuition reimbursement or education assistance Employee stock options Health Savings Accounts (HSAs) Retirement planning services Meals Another non-taxable category is known as de minimis (minimal) benefits.

Taxes 52
article thumbnail

12 Employee Perks That Help Your Company Win in India?

Vantage Circle

Employees in the workplace seek an ideal working environment that promotes learning and development, work-life balance, positive company culture , and overall good experience. The Importance of Employee Perks in India In India's dynamic and competitive business landscape, the significance of employee perks cannot be overstated.

Insiders

Sign Up for our Newsletter

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

article thumbnail

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). Employee Stock Option Scheme (ESOS).

401(k) 52
article thumbnail

17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Wellness programs : Wellness programs can take many forms, from fitness challenges and nutrition education to stress management and mindfulness training. These programs can help employees adopt healthier lifestyles, reduce stress, and increase productivity. Can offering employee benefits improve employee retention?

article thumbnail

10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Imagine a world where managing employee benefits is no longer a daunting task but an empowering experience for HR teams and employees. With an innovative employee benefits platform, that world becomes a reality. Importance of Having an Employee Benefits Platform in Place 1.

article thumbnail

How to Retain Employees: 13 Practical Takeaways from 5 Case Studies

SnackNation

Above all else, it’s this insistence on treating people like trusted partners – something unthinkable in the command and control management styles of days past – that has contributed to Netflix’s above average retention rate. Takeaway #3 – Develop great managers. Develop great managers Click To Tweet.

Food 72