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Importance of Employee Benefit Package And Why it Matters

HR Digest

Paid time off banks covering vacation and sick leave 8. Health insurance 2. Dental or vision insurance 4. Considering health care and life insurance 5. Retiree health insurance 6. Disability insurance Looking at these results, it’s clear that financial security is a major driver of employee benefit choices.

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How Non-Medical and Niche Employee Benefits Promote Productivity

Flimp Communications

Some common non-medical benefits include, paid family leave, life insurance, short- and long-term disability insurance, commuter benefits programs and wellness programs. So, medical, life and disability insurance and retirement plans. Don’t Break the Bank. Niche benefits matter.

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Citigroup enhances parental leave for US and Puerto Rico employees

Employee Benefits

Investment bank and financial services firm Citigroup has enhanced its parental leave and introduced a new caregiver leave initiative for its employees based in the US and Puerto Rico. Meal and housing stipends, education assistance, childcare resources and transportation programmes are available but vary by region and country.

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15 Types Of Employee Benefits That Won’t Break The Bank

Vantage Circle

Insurance Plans And Fringe Benefits. No matter the type of insurance- be it life insurance, health insurance, disability insurance or retirement benefits- it heads the list of “must be provided” employee benefits. Also, you can arrange for a nightly cab service for employees who stay late to finish the job.

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Prioritize Financial Well-being in the Workplace

Empuls

Source: Bank of America ) The heightened financial stress affecting employees' health and wellbeing profoundly impacts their organization's bottom line. While the insurance premium is discretionary, plans include regular check-ups and eye and dental coverage.

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5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Take these steps to start building an employee benefits program that won’t break the bank. Unemployment insurance. Disability insurance (required in California, Hawaii, New Jersey, New York, Puerto Rico and Rhode Island). Life insurance premiums are typically affordable for most businesses. Workers’ compensation.

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Rethinking Employee Benefits Package: Why Personalization is the Key?

Empuls

For example, your country’s laws might mandate you to provide health and disability insurance. Disability and life insurance Disability insurance takes care of expenses that arise as a result of sudden disability of an employee. However, they might not really be what your employees want.