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Employee benefits for small businesses

Higginbotham

A Glassdoor survey found that 80 percent of employees prefer additional benefits over a pay raise. Retirement Plans. They’re also trying to save for their future retirement. Retirement benefits can help them achieve their long-term financial goals and give them another reason to stay with your company.

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Financial Wellness Benefits: Why You Should Care?

Vantage Circle

Employees are worried about their money and roughly half are stressed about their finances and have said that their retirement plans will not be enough to support them after retirement. Consider the 401K plan, which is also a financial benefit existing way before than other benefits that organizations opt for.

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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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How to Design an Employee Benefits Program Effectively

Empuls

The survey also found that 80% of employees would choose additional benefits over a pay raise. Adobe Adobe offers its employees an array of benefits, including wellness programs, generous paid time off, and retirement plans. Consider the needs and preferences of your workforce, as well as your budget.

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Everything You Need To Know About Employee Motivation

Vantage Circle

Safety Needs – Retirement plans, sick leaves, health and wellness programs, insurance plans, job security. In the workplace : Employers provide extrinsic motivation in the form of pay raise and other benefits. In fact, research has found that 79% of employees would prefer benefits over pay raise.

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Employee Motivation- A Comprehensive Guide

Vantage Circle

Safety Needs – Retirement plans, sick leaves, health and wellness programs, insurance plans, job security. In the workplace: Employers provide extrinsic motivation in the form of pay raise and other benefits. In fact, research has found that 79% of employees would prefer benefits over pay raise.

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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.