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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

Unlike base pay, which is contractually guaranteed, these extras offer employers flexibility to tailor rewards to workforce needs , while signaling a commitment to employee well-being. According to a 2023 SHRM survey, 68% of employees prefer jobs with top-tier benefits over higher pay. The concept isnt new.

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5 Trends Driving Financial Wellness in the Workplace

Flimp Communications

Says the Harvard Business Review: “When considering this type of outside provider, look for firms that offer live service during business hours as well as on-demand resources such as video libraries , internally written articles, and curated lists of web resources that address common financial well-being topics.”

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Boosting Employee Engagement: How Financial Wellness Leads to Productivity

Best Money Moves

Learn how you can boost your employee engagement and why it should be a priority. Money is a leading stressor for employees of all ages and income levels. Poor financial wellness among employees can lead to larger problems for employers, including negative impacts on employee engagement and workplace productivity.

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2024 Employee Benefits Trends: Focus on Employee Wellbeing

Best Money Moves

Yet both benefits and job satisfaction were at historic lows in 2023, falling multiple percentage points from the previous year. 4 Top 2024 Employee Benefits 1. Financial wellness programs Financial health is one of the most important aspects of employee well-being and productivity.

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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

An employee benefits platform allows a more streamlined and efficient benefits management process, saving time and reducing potential errors. Such platform consist of specific benefits administration software designed for managing and administering employee benefits programs.

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Employee financial wellness: Why it matters in the workplace

Insperity

When you think about employee wellness, categories like physical, emotional and social probably first come to mind. But what is your organization doing to prioritize employee financial wellness? For employees, their personal financial wellness is an acute concern right now.

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How to Recruit Top Talent without Treating It Like a Chore

HR Digest

A Forbes Advisor summary of recruitment stats indicated that 46 percent of HR leaders reported recruiting as one of their top priorities for 2023. Review Fringe Benefits Many companies are often overly focused on monetary compensation and miss out on other supportive benefits their employees might enjoy.