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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

But what exactly is the meaning of fringe benefits, and why do they matter? This article unpacks the fringe benefits definition, explores their types and examples, and offers a clear overviewincluding tax implications and practical guidance for employers navigating the IRS fringe benefits guide.

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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. There’s no one-size-fits-all answer.

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People over perks: Bridging employee benefits with strong HR

Insperity

Examples: Parental leave (including adoption or foster leave). You can also talk about your company’s employee experience, including competitive benefits, on social media channels. How a professional employer organization (PEO) can help Building out a competitive employee benefits package on your own can be daunting.

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Extrinsic Motivation at Work: How Rewards Drive Workplace Success

Empuls

Job security and benefits Non-monetary incentives such as job security and comprehensive benefits packages are key motivators. In addition to financial perks, Salesforce is known for its robust benefits packages, which include health insurance, generous parental leave, and wellness stipends.

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Eight Key Trends In Staff Benefits Programs In 2025

Empuls

Attract top talent : A rich staff benefits program is one of the most effective tools to attract high-caliber candidates, especially in competitive industries. Tax advantages : Some benefits, such as retirement savings plans or health insurance, can offer tax advantages for employees and employers.

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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

Making these benefits as inclusive as possible is another factor to consider. Mercer’s 2023 Health and Benefits Strategies report shows that many employees are looking for benefits packages that include parental leave, adoption leave and elder caregiver leave.

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Do employers have a role to play in overcoming the UK childcare crisis?

Employee Benefits

Operated via a salary sacrifice arrangement, employees can save money as a result of reduced tax and national insurance contributions (NICs). The nursery receives additional funds through offset NICs from the employer, and parents get a say on how these are spent.