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Choosing the best workplace pension for your business

Employee Benefits

Transitioning to a superior provider is no longer a hassle: If you’re contemplating changing your current workplace pension scheme, the process isn’t as challenging as you might think. Many pension companies (we’re one of them!) What is a workplace pension? are prepared to assist you with the heavy lifting.

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Paul Gilshan: Are employee benefits as important as salary?

Employee Benefits

Employee benefits are defined as ‘non-salary compensation provided to employees in addition to their salary or hourly pay’ These benefits may include private medical insurance, pension contributions , childcare vouchers, a car scheme , and other perks such as discounts on gym memberships, travel, or education.

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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]. 40% of respondents to Glassdoor’s Q3 2015 employment confidence survey said that they value health insurance more than a pay raise. 401(K) Plan, Retirement Plan and/or Pension. Most companies agree that people are our their most valuable assets.

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How to fix low employee morale before it becomes a problem

Business Management Daily

Does your company offer inflation raises as well as regular pay raises? Fair pay was a given, promotions were expected, and pensions were the incentive for years of loyalty with one employer. Coupled with the near-total disappearance of pensions, job hopping is rapidly becoming the norm.

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

Hppy

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.

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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. Retirement Plans. Paid Sick Leaves.

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Improving Employee Financial Wellbeing in the Face of Economic Uncertainty

Employee Benefits

It is often equated with providing higher wages or across-the-board pay raises. It allows your team to exchange part of their income for another useful, non-cash benefit, such as gym membership, a bicycle, a company car or even their pension. Is your company pension more of a hindrance than a help?

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