Remove Benefits Package Remove Disability Insurance Remove Salary
article thumbnail

Paul Gilshan: Are employee benefits as important as salary?

Employee Benefits

It is quite natural for us to focus on salary. However, benefits are an important aspect of any offering from an organisation, as good benefits can provide security, flexibility, and peace of mind, contributing to a more positive work experience overall. So what constitutes a good employee benefits package?

Salary 98
article thumbnail

What employees expect from benefits packages

Business Management Daily

Offering an attractive employee benefits package helps lure top talent and encourages the retention of your best team members. Presenting a good employee benefits package often gives one employer an edge over another, especially in cases where basic salaries are relatively equal.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Rethinking Employee Benefits Package: Why Personalization is the Key?

Empuls

In this article, we will explore what personalized benefits are all about, and how to use them right. What are personalized employee benefits? For example, your country’s laws might mandate you to provide health and disability insurance. Cost per hire goes beyond just the wage or salary.

article thumbnail

Why Your Staff Needs Short- and Long-Term Disability Coverage

InterWest Insurance Services

Only 30% of American workers in private industry currently have access to employer-sponsored long-term disability insurance coverage, according to the U.S. That’s why you should be offering your employees voluntary short-term and long-term disability insurance. Bureau of Labor Statistics.

article thumbnail

Employee Benefits Providers: What Employers Need to Know

Empuls

In today's rapidly evolving workplace, offering a comprehensive benefits package is no longer just an added perk—it's a critical component of attracting and retaining top talent. This alarming statistic signals a pressing need for businesses to reevaluate their benefits offerings.

article thumbnail

How to evaluate the compensation plan?

HR Digest

Your compensation package plays a monumental role in where you end up working in the future. If you’re in the job market and get an offer with a salary that pays you $20,000 more than what you currently make, it goes without saying that you are supposed to take the money. Retirement benefits – include 401(k)/403(b), pension plans, etc.

401(k) 82
article thumbnail

Eight Key Trends In Staff Benefits Programs In 2025

Empuls

In today’s competitive job market, a well-structured staff benefits program is crucial for attracting and retaining top talent. Organizations prioritizing meaningful benefits show their commitment to employee well-being, fostering loyalty, and enhancing productivity. These perks enhance employee well-being and job satisfaction.