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

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

5 ways you can help employees get the most from their benefits

Insperity

From employer-sponsored health insurance to retirement savings plans, an attractive benefits package can help you hire the best employees and ensure you retain them for many years to come. But as incredible as it may seem, many employees don’t take full advantage of all the benefit options their employer offers.

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

Effective Strategies to Ensure Your Employee Benefits Package Can Attract and Retain Employees

Hppy

All of your competitors are working hard for the same talent, but there is one way to stand out – employee benefits. Salary is important, but it’s not enough. Top talent is increasingly weighing benefits as part of the job offer, with some even leaving good positions in search of better benefits.