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Importance of Employee Benefit Package And Why it Matters

HR Digest

A strong employee benefit package can go a long way. Employer benefits package is key to attracting and retaining top talent. Employee benefits have become an essential part of any competitive compensation package. What do you want to achieve with the employee benefit package 2.

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Hootsuite uses feedback from LGBTQIA+ employees to inform its benefits package

Employee Benefits

The post Hootsuite uses feedback from LGBTQIA+ employees to inform its benefits package appeared first on Employee Benefits. This way we learn more about the DE&I initiatives that people want to see continue or implemented.”.

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59% of British workers feel unhappy with their benefits packages

Employee Benefits

Almost six in 10 (59%) British workers feel unhappy, dissatisfied, highly dissatisfied or neutral with their benefits packages , according to new research. As many as 49% are optimistic that they will receive a salary increase in 2024, and 70% of employers plan to increase salary offers in 2024 for certain in-demand roles.

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What role does private medical insurance play in today’s benefits packages?

Employee Benefits

Need to know: Employers want to provide private medical insurance (PMI), even if it means reducing cover. More want to offer at least a measure of benefit to the whole workforce. Essential benefit The insurance enables scheme members to bypass the 7.6 Low-cost schemes with major exclusions are popular.

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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

“I don’t really care about my employee benefits,” said no employee ever. When it comes to employee benefits, if your business can offer it, employees want it. That’s the case for any employee benefit, from time off to healthcare to flexible work arrangements to workers’ comp insurance. Consider the benefits you offer currently.

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Do total reward statements still engage employees with their benefits packages?

Employee Benefits

Credit: Julia Sudnitskaya / Shuuterstock.com A total reward statement provides an overview of an employment package and its value. A personalised benefits package can help to engage employees with their benefits because it is specifically relevant to them.

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

InterWest Insurance Services

Now more than ever, employers need to step up their employee benefits game beyond providing group health insurance. Thanks to the Great Resignation, employees are demanding more from their current and prospective employers. ‘Must-have’ benefits. Among these must-have benefits: Prescription drug coverage.