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Employee Benefits: Types, Cost & Examples

HR Digest

But the more you know about the types of employee benefits offered by your employer, the better equipped you’ll be to make informed decisions about health care, retirement plans, and other important financial matters. Employee benefits are an important part of a company’s recruiting and retention strategy.

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3 Things American Employers Need to Know About Managing Global Benefits

Griffin Benefits

MANAGING GLOBAL BENEFITS MEANS ADAPTING DIFFERENT MODELS To successfully expand a workforce in a foreign country, companies must have strong recruiting and retention efforts. Private medical, dental, and life insurance averages less than $1,500 (U.S.) annually per employee in Mexico.1

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Importance of Employee Benefit Package And Why it Matters

HR Digest

Health insurance 2. Pension or retirement savings plan 3. Dental or vision insurance 4. Considering health care and life insurance 5. Retiree health insurance 6. Disability insurance Looking at these results, it’s clear that financial security is a major driver of employee benefit choices.

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16+ types of employee benefits you should consider

Genesis HR Solutions

While you know recruiting and retention is important, you may not be sure if the benefits you offer are a selling point to your potential employees. There are four major types of employee benefits many employers offer: medical insurance, life insurance, disability insurance, and retirement plans.

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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

You can by writing solid job descriptions, setting up sustainable pipelines for attracting new talent, relying on referrals, and perfecting onboarding & the recruitment process. Not only that, but a solid referral program transforms your workforce into recruiters, which is an excellent way to find new employees. Interviews.

Salary 105
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Attracting top talent in a competitive job market

Insperity

Many companies provide a basic benefits package that may offer employees access to things like: Health insurance. Dental insurance. Vision insurance. Life insurance. Disability insurance. Retirement plan. For example: Can your company match employee contributions to retirement plans?

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What Is an Employee Benefits Consultant and What Do They Do?

Fringe Benefit Analysts

As many employers and businesses are aware, employee benefits packages are very important considerations for candidates when they are being scouted by recruiters. Having someone on board that understands the tax implications of particular types of benefits is always a plus since he or she may be able to maximize your business’s deductions.