article thumbnail

10 Basic Employee Needs And How To Meet Them

Vantage Circle

Regular assessment of salaries will give you confidence in your organization and discourage employees from looking elsewhere to fulfill their basic needs. Suggested read : Financial Wellness- An Issue in Overall Employee Wellness. Maternity and paternity leaves, paid vacation, sick days, bereavement leaves, etc.,

article thumbnail

15 Types Of Employee Benefits That Won’t Break The Bank

Vantage Circle

This reinstates the belief that you actually care about the mental health of your employees and not simply preach about it. It also aids your company in swerving off disasters that might be bought along from a distracted grieving employee. Companies which highly prioritize employee wellness knows the benefits of napping.

Insiders

Sign Up for our Newsletter

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

article thumbnail

57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

Whether it's leading a high-impact project, mentoring junior team members, or representing the company in a key initiative, these roles can be immensely rewarding and motivating for high-performing employees. Employee travel experiences Offer employees the opportunity to embark on exciting travel experiences as a reward.

Bonuses 40
article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

These are discounts that are developed exclusively for corporate employees. Paid Vacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work. An extension of this benefit is providing unlimited vacation. Free Food and Beverages. Performance Bonus.

article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

It provides the best deals and offers handpicked for corporate employees at prices discounted exclusively for them. Paid Vacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work. An extension of this benefit is providing unlimited vacation.

article thumbnail

18 Years of Service Award Ideas for Celebrating Employee Milestones

Empuls

For example, Microsoft could enhance their years of service awards by offering additional paid time off to employees who have been with the company for a certain number of years. For instance, employees reaching 10 years of service could receive an extra week of paid vacation to use within the year.

Bonuses 40
article thumbnail

3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

Yet many business owners today still seem hesitant to invest in better coverage or more paid vacation hours to woo new talent. The recession created an employer’s market where employees often had to settle for “good enough” when it came to their benefits. Free food or drinks. Fitness or wellness stipends.