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The survey also found that 80% of employees would choose additional benefits over a payraise. 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 paidvacation time, and work-from-home options.
Traditional benefits include health insurance, retirement savings options, life insurance, and paidvacation time. Health Insurance: 40% of respondents to Glassdoor's Q3 2015 employment confidence survey said that they value health insurance more than a payraise. " This article is written by Braja Deepon Roy.
Paying some employees more than others for the same job will not only harm morale, but it can be illegal if the disparity is based on factors like gender or age. . This might include comprehensive health insurance, paidvacation, and generous sick leave. Benefits package – Ensure a competitive benefits package as well.
Employees Prefer Compensation and Benefits Over PayRaise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to payraises. PaidVacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work.
A study shows, 89% prioritize benefits over payraises. In this article, I will be providing you with some company benefits and ideas that will help you in retaining top talents for your company. Holidays that are Paid For?? Plus it becomes a bonus when you go on a paidvacation.
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