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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.

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7 Noteworthy Fringe Benefits for your Workforce in 2020

Vantage Circle

Exclusive Employee Discounts. Corporate employees are always on the potential watchlist of every major brand. These brands generally include names from lifestyle, automobile, healthcare, and other industries. And for nurturing their consumer base amongst the corporates they offer a lot of employee-only deals and discounts.

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Employee Benefits in the UK: Unlocking the Perks of a Happy, Productive Workforce

Empuls

The mandatory employee benefits in the UK include the following aspects: Pension: Contributed both by the employer and the employee (minimum 8 percent with atleast 3 percent by the employer) Healthcare insurance: Backed by NHS and is contributed by the employer. Private options can also be considered.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

While salary and wages are important, they are only one part of the equation when it comes to attracting and retaining talented employees. Providing a comprehensive benefits package is essential for keeping employees happy, healthy, and motivated. Costco Costco is known for providing its employees with competitive wages and benefits.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

Evaluate the Range of Benefits Look for platforms offering comprehensive benefits, including healthcare, retirement plans, wellness programs, flexible working options, and more. The wider the range, the better the chances of meeting diverse employee needs. Criteria Ease of Use Features Customer Support Pricing Ratings 4.9/5