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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

And in many cases, it’s benefits offerings that seal the deal. For 41 percent of small business employees, benefits are crucial when accepting a new job, second to salary. And for 75 percent, a good benefits package would make them take one job over another,” says a recent employee health benefits survey by QuickBooks Payroll.

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Two-thirds of Small Firms Are Boosting Their Benefits Packages: Poll

InterWest Insurance Services

One of the biggest factors affecting American employees is stress and burnout and the survey reflects these sentiments, with respondents saying they all want more flexibility in their work. By enhancing benefits packages with an emphasis on physical, mental, financial and social well-being, employers can channel these concerns into action.

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Employee Magnetism: Everything You Need to Know

HR Lineup

A magnetic culture is one where employees feel valued, respected, and part of a greater mission. Key Elements: Mission and Vision: Clear, compelling, and communicated consistently. Engagement: Opportunities for employees to be involved in meaningful work and decision-making.

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Employee value proposition in action: Compelling real-world examples

Business Management Daily

Ultimately, your EVP differentiates your organization from other employers and shows employees why they should want to work for you. Providing great benefits and supporting employee well-being also improves employee engagement and morale, resulting in better work quality and productivity.

Salary 105
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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.

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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

These perks, often discretionary, supplement an employees paycheck and can range from health insurance to gym memberships, company cars to childcare assistance. According to a 2023 SHRM survey, 68% of employees prefer jobs with top-tier benefits over higher pay. The concept isnt new. For employers, the upside is clear.

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Workplace wellness and eye health deemed essential for millennials and Gen-Z workers

Workplace Insight

Workplace wellness is becoming increasingly essential, especially as employee well-being decreases and affects trust in employers’ efforts. With significant economic woes and work setup changes affecting professional life, 64 percent of the UK workforce would say their overall well-being is low.

Health 100