Vantage Circle

SEPTEMBER 5, 2019

Chamber of Commerce Foundation Foundation found that "more than half of millennials (56%) agreed that a quality benefits package influences their choice of employers, and 63% say that benefits are an important reason for staying with an employer." Here are a few of the other statistics to state the importance of employee perks.

Health Insurance 56

Health Insurance Paid Vacation Employee Retention Insurance 56

Vantage Circle

NOVEMBER 30, 2022

According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. The survey also found that 80% of employees would choose additional benefits over a pay raise. Life insurance. Disability insurance.

PTO 105

PTO Profit Sharing Plan Bonuses Paid Leave 105

Empuls

OCTOBER 4, 2021

Variable pay. Supplementary pay. Paid leaves. Health Insurance. Variable pay - Also called ‘pay at risk,’ this part of the salary package has to be ‘earned’ by meeting or exceeding certain defined criteria. Only hard work pays off! Overtime wage. Retirement benefits.

Bonuses 52

Bonuses Paid Leave Salary Benefits Package 52

Vantage Circle

AUGUST 23, 2018

Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. Below listed are some employee benefits which employees feel are better than pay raises: Health Insurance. Disability Insurance.

Employee Benefits 63

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 63

Vantage Circle

AUGUST 23, 2018

Employees Prefer Compensation and Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to pay raises. Health Insurance. Insurance plans are great ways to show your employees that you care about them. Disability Insurance.

Employee Benefits 45

Employee Benefits Parental Leave Paid Sick Leave Benefits Package 45

Vantage Circle

MAY 23, 2019

A study shows, 89% prioritize benefits over pay raises. This is one of those benefits that every millennial wants or desires from their employers. Winning the Battle with Finances: As an employer, you have to understand what the millennials need and how are they holding up with their finances. Holidays that are Paid For??

Food 40

Food Finance Bonuses Paid Vacation 40

Hppy

FEBRUARY 26, 2021

Paying some employees more than others for the same job will not only harm morale, but it can be illegal if the disparity is based on factors like gender or age. . This might include comprehensive health insurance, paid vacation, and generous sick leave. Recognition – Give credit where it is due.

Benefits Package 48

Benefits Package Paid Vacation Pay Raise Media 48