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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

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. Paid Vacation. Disability Insurance.

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What are Total Rewards: Here’s A Holistic View

Empuls

Variable pay. Supplementary pay. Paid leaves. Fixed pay is calculated by combining basic monthly salary with fixed monthly allowances like house rent allowance (HRA), leave travel allowance (LTA), medical allowance, conveyance allowance, etc. Only hard work pays off! Overtime wage. Health Insurance.

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Why Employee Perks Can Help Your Company Win?

Vantage Circle

Traditional benefits include health insurance, retirement savings options, life insurance, and paid vacation time. Health Insurance: 40% of respondents to Glassdoor's Q3 2015 employment confidence survey said that they value health insurance more than a pay raise. But employees nowadays want instant gratification.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

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. The organization pays certain amounts of money to cover for an employee’s medical care. Paid Vacation.

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Company Benefits That Millennials Actually Seek

Vantage Circle

A study shows, 89% prioritize benefits over pay raises. Medical Leave. Such programs help employees in covering medical expenses and also providing medical counseling as well. Holidays that are Paid For?? Plus it becomes a bonus when you go on a paid vacation. Weight loss programs.

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