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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. Paid Sick Leaves.

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What are Total Rewards: Here’s A Holistic View

Empuls

Variable pay. Supplementary pay. Paid leaves. Variable pay - Also called ‘pay at risk,’ this part of the salary package has to be ‘earned’ by meeting or exceeding certain defined criteria. Only hard work pays off! This table breaks it down for easier understanding: Compensation.

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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. Paid Vacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work.