article thumbnail

16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]

SnackNation

16 Employee Perks Your Team Wants More Than a Pay Raise [Infographic]. What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. But what perks really matter to employees?

article thumbnail

How to Design an Employee Benefits Program Effectively

Empuls

Employee benefits are a set of incentives, perks, and privileges an employer provides to their employees in addition to their regular salaries and wages. The survey also found that 80% of employees would choose additional benefits over a pay raise. What are employee benefits?

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

An Employers Guide to Agile Compensation Strategies

Hppy

The principle of operation of the grade-based salary system is as follows: the HR department committee usually determines a specific grade or level covering all positions (10, 20, 24, etc.) In addition, pay grades can be a helpful framework for streamlining compensation if market data is not found to price jobs. But how did you do it?

article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

These are benefits given over and above salaries and wages. 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.

article thumbnail

The Role of Employee Benefits in Talent Retention: A Comprehensive Guide for HR Professionals

Hppy

As you can see, retaining key players in your team means more than just paying competitive salaries. Research by Glassdoor showed that 63% of employees look for new or additional benefits over a pay raise when scoping out job listings, highlighting the increasing value placed on non-monetary aspects of employment contracts.

article thumbnail

Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

These are benefits given over and above salaries and wages. 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 Parental Leaves. Ikea helps new parents.

article thumbnail

Which Job Perks Do Employees Value?

HR Digest

Amazon, Costco and Walmart, have bumped paychecks, Glassdoor’s Employment Confidence Survey found that 4 in 5 employees would choose additional benefits over a pay raise. We recently added benefits to support our working families including back up child care, infertility benefits and paid parental leave.