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12 Employee Perks That Help Your Company Win in India?

Vantage Circle

Employee perks refer to additional benefits, incentives, or advantages provided by an employer to their employees, beyond the basic salary and standard benefits. According to a survey by TimesJobs, 55% of employees in India prefer perks and benefits over salary. How to offer: There are many health insurance providers in India.

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How to Attract and Retain Talent in a Tough Market

Hppy

From shifting patterns of working, pinched budgets to pay higher salaries and shifts in employees’ needs, it’s getting harder and harder to attract and retain the high-performing staff. Parental leave and support returning to work. This can include: counselling for postnatal depression. managing work/life balance.

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What is the Difference Between Benefits, Perks, Gifts, Awards, Incentives, and Rewards?

Empuls

Employee benefits also known as fringe benefits, as defined by the US Dept of Labor, are government-mandated, non-wage employee compensation, over their salaries and wages, that can be both financial and non-material. The same goes for paid leaves since every organization has a different leave policy. ’ What are benefits?

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16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]

SnackNation

What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. If salaries don’t always move the needle, what does? Healthcare Insurance. 40% of respondents to Glassdoor’s Q3 2015 employment confidence survey said that they value health insurance more than a pay raise.

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

For 41 percent of small business employees, benefits are crucial when accepting a new job, second to salary. And for 75 percent, a good benefits package would make them take one job over another,” says a recent employee health benefits survey by QuickBooks Payroll. Health insurance. Some paid parental leave.

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How Employee Perks Can Help Companies in the US

Vantage Circle

Corporate Offers , a New York City startup, provides a free employee discount program with exclusive entertainment deals like Broadway tickets and Disney park access. In 2022, private health insurance coverage remained more prevalent than public coverage, at 65.6 Regarding retirement savings, GM provides salaried U.S.

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6 Best Places to Work and What Makes Them Special

Vantage Circle

Now employees value dignity, appreciation, and rewards much more than their salary. When employees only receive a definite salary in return for the work done, they tend to lose their motivation. Whereas, when they get some extra perks along with the salary, the employees tend to feel more secure. Parental leaves.