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Employee Benefits: A Key Part of Job Compensation

Money Talk

paid vacation) ¨ increase productivity (e.g., flexible work hours) Below is a description of ten common employee benefits and benefit-like policies in the current labor market: Paid Vacation- This is one of the most common employee benefits. paid vacation) ¨ increase productivity (e.g.,

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Give Employees the Option of Donating Vacation Time

HR Bartender

During this past holiday season, I spoke with several colleagues who were being “forced” to take their vacation time. The finance department does not want a huge vacation accrual on the books. So the manager says, “Start taking some vacation each week.”. You know how this works. Year-end is approaching.

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Best Ways to Reward Your Employees

Hppy

These are seen as an effective incentivizing tool especially for businesses in the finance and sales niche. Give them extra paid leaves. Employees in the US, typically get a minimum of 10 paid vacation or sick leaves. Gift vouchers are among the most requested type of incentives in the market. Hand out customized items.

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The case for a different labor-market reform - not PELMAR

Ahmed's Universe

With both the US and Europe facing the same economic crisis, the US unemployment rate has crept up to the same levels as in my native France, home of the 35-hour workweek, 8-week paid vacation, universal health care. One would be the state of public finances: "we are broke, can''t afford it." Who is now better off?

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Company Benefits That Millennials Actually Seek

Vantage Circle

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. The least amount of time your employee will spend is on curating a data sheet where they can keep track records of their finances. Holidays that are Paid For??

Food 40
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Designing An Employee Benefits Program

Vantage Circle

This will be strategic and it will help the stable growth of your finances as well. You can also hand out paid vacation packages to your employees who have done exceptionally well in their particular duties. By doing so, you might be able to retain your top assets and attract potential candidates as well. Because why not?

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What U.S. Employers Can Learn About Work-Life Balance from These 6 Countries

Hppy

The civil service, tech sector, oil and gas, education, entertainment, sport, finance industry, etc all have their ways of choking people out of the time they give to other areas of their lives in pursuit of growth and success in the industry alongside the safety of their jobs. 21 days working leave, among others. Educate your employees.