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A HR guide to employee benefits

Employee Benefits

A great way to improve retention rates is through offering great employee benefits. Benefits, including fringe benefits and flexible benefits, provide an employee an extra reason to stay within a company. These benefits can include extra holiday, life insurance and childcare to name a few.

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How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

According to the Re:Me research, published in November 2021 by life insurance firm Metlife, 54% of employees are considering leaving their jobs in the next 18 months, while staffing platform Indeed Flex research, from October 2021, found 45% of HR directors are already facing hiring challenges. Importance of benefits.

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Designing a Remarkable Employee Perks Program that Fuels Success

Vantage Circle

An employee perks program is a set of additional incentives and benefits provided by an organization in addition to their normal compensation. It can help employees improve their skills and knowledge, benefiting both the employee and the organization. Many employers offer life insurance as a benefit to their employees.

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Two in five employees are working extra hours as cost-of-living crisis bites

cipHR

One in six (17%) has made further ‘savings’ by cutting back (or cancelling) their personal insurance cover, such as income protection, life insurance, and medical or dental insurance, and one in seven (14%) has reduced their pension contributions – decisions which may prove to have costly consequences in the future.

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

An employer can provide short-term disability or long-term disability insurance, depending on the employee's needs. Life Insurance Life insurance is another benefit that is an essential part of the benefits package.

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Employee Benefits That Matter: How Small Businesses Win Big With Their Teams

Vantage Circle

Life Insurance: Providing Security for Families Life insurance ensures employees’ loved ones are financially protected in case of unexpected events. Ideas: Offer basic life insurance coverage as a standard benefit. Your budget sets boundaries, but creativity goes a long way.