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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

Fitness or wellness stipends. Some paid parental leave. A matching 401(k) or pension. Remote work opportunities. Free food or drinks. Use of a company car. And if you’re really shooting for the moon, you may even provide a few of these: Unlimited vacation time. Free healthcare coverage. Paid time off to volunteer.

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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

These perks, often discretionary, supplement an employees paycheck and can range from health insurance to gym memberships, company cars to childcare assistance. According to a 2023 SHRM survey, 68% of employees prefer jobs with top-tier benefits over higher pay. 401(k) matching), stock options, or performance bonuses.

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Employee Perks at Companies: How Top Firms Attract and Retain Talent

Empuls

  Types of employee perks  Traditional perks: Organizations like Google, Johnson & Johnson and Microsoft offer variety of health and wellness facilities like mental health, wellness programs and memberships while Amazon, Apple and Intel offer financial perks such as 401(k) plan, stock options etc. 

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Employee Perks at Companies: How Top Firms Attract and Retain Talent

Empuls

  Types of employee perks  Traditional perks: Organizations like Google, Johnson & Johnson and Microsoft offer variety of health and wellness facilities like mental health, wellness programs and memberships while Amazon, Apple and Intel offer financial perks such as 401(k) plan, stock options etc. 

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Employee Benefits Providers: What Employers Need to Know

Empuls

Enhancing employee well-being : Beyond traditional benefits , providers often offer wellness programs, mental health support, and financial education services that contribute to the overall well-being of employees. Their services include 401(k) plans, pension plans, and personalized financial planning.

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Are Employees Coming Back to Work Expecting Improved Benefits?

COMPackage

This encompasses all the things an employee values in their work relationship, including: Base pay: The foundation of compensation. Work-life balance: Flexible schedules, remote work options, and parental leave. Culture and well-being: A positive work environment, employee assistance programs, and wellness initiatives.

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Examples of fringe benefits by category

Business Management Daily

401(k) plans, pensions, and employer contributions to retirement accounts are increasingly important to young workers. Maybe in addition to a couple weeks of paid vacation, your company offers no-questions-asked sick leave for employees who feel under the weather. It’s a touchy subject.