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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. Free food or drinks. Some paid parental leave. And if you’re really shooting for the moon, you may even provide a few of these: Unlimited vacation time. A matching 401(k) or pension.

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What are Total Rewards: Here’s A Holistic View

Empuls

Paid leaves – From maternity to sick leaves, compensatory time off, and even paid vacations, paid leaves are usually calculated by dividing an employee’s annual leave balance by the number of pay periods in the year. However, the insurance premium is left to the discretion of the company.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

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. And employees also tend to take almost the same amount of vacations as they used to earlier. Paid Sick Leaves. Stock Options.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

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. These are done through various methods like pension schemes, 401(k)s and more. Paid Sick Leaves. Free food and beverages.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

National pension scheme (NPS) The national pension scheme is a voluntary retirement savings scheme where employees can contribute towards their retirement savings. One of the most notable benefits is its unlimited paid vacation policy, which allows employees to take time off whenever they need it.