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Examples of fringe benefits by category

Business Management Daily

A good regular salary may have been enough years ago, back when government subsidies managed things like healthcare and retirement, but those programs have become less and less effective. Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity.

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A Majority of Workers Fear Layoffs & Cuts Due to Coronavirus Closures

HR Digest

This is a hard situation wherein some organizations, the employers or bosses are not allowing work-from-home or cutting salaries for absence and making it tougher for their workers. Only 34% of parents who are working from home are concerned about their ability to do both at the same time.

PTO 83
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Snow days and the FLSA

Business Management Daily

The FLSA has four simple rules for paying nonexempts : You must pay nonexempts for every hour they work, even if they haven’t sought permission to work. Collaterally, once you have paid them, you can discipline them for not seeking said permission to work from home. The key is not performing any work from home.

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Not just salary. Paid Time Off (PTO). A new survey conducted by Fractl found that, after health insurance, employees favor benefits that are relatively inexpensive to employers, such as flexible hours, extra paid vacation time, and work-from-home options. PTO is any time off that is compensated by an employer.

PTO 105
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Best Methods for Attracting and Retaining Talented Employees

Business Management Daily

Many professionals began working remotely during the COVID-19 lockdown, with many growing accustomed to it and preferring to work from home. In fact, research from the Harris Poll discovered that 73% of remote workers would quit their jobs should their company enact a return to the office mandate.

Salary 105
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On-site, fully remote, or hybrid? 3 things you must consider before deciding.

Business Management Daily

Only 12% plan to give staff the complete freedom to choose where they work. Previous research found that 49% of employees prefer a hybrid arrangement, and 34% of professionals currently working from home due to the pandemic would look for a new job if required to be in the office five days a week.

Payroll 90
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What employees expect from benefits packages

Business Management Daily

Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal. Rather, their employee benefits package puts them together under PTO (paid time off). Such an arrangement keeps workers from faking sickness in order to take a day off.