Employee Benefits

MAY 29, 2023

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

Salary Employee Benefits Disability Insurance Pension 98

HR Digest

DECEMBER 2, 2023

A Gallup report stated that the cost of replacing an employee could range from one-half to two times the employee’s annual salary. Consumer Affairs reported the top 5 reasons for quitting to be in search of better pay and better benefits, insufficient pay raises, unmet needs by their former employers, and pay inequality.

Employee Retention 96

Employee Retention Salary Health and Welfare 401(k) 96

HR Digest

AUGUST 1, 2019

Amazon, Costco and Walmart, have bumped paychecks, Glassdoor’s Employment Confidence Survey found that 4 in 5 employees would choose additional benefits over a pay raise. Most employee benefits and perks do not come cheap and costs can snowball as your company expands. While some businesses, like JPMorgan Chase & Co.,

Health and Welfare 81

Health and Welfare Benefits Package Financial Counseling Parental Leave 81

Higginbotham

OCTOBER 14, 2022

This can be done through salary and wages, but it can also be done through benefits, and the latter can be better in some ways. A Glassdoor survey found that 80 percent of employees prefer additional benefits over a pay raise. Bureau of Labor Statistics (BLS) says that total benefits only make up 29.6

Employee Benefits 52

Employee Benefits Family and Medical Leave Act Disability Insurance Paid Sick Leave 52

Higginbotham

AUGUST 12, 2022

According to Gallup, replacing a worker can cost one-and-a-half to two times the worker’s annual salary. According to Gallup, pay and wellbeing are the top two issues, with 64 percent of workers saying they want a significant increase in income or benefits and 61 percent saying they want greater work-life balance and personal wellbeing.

Benefits Package 52

Benefits Package Voluntary Benefits Employee Retention Pay Raise 52

Vantage Circle

NOVEMBER 30, 2022

According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. The survey also found that 80% of employees would choose additional benefits over a pay raise. Not just salary. Life insurance.

PTO 91

PTO Profit Sharing Plan Bonuses Paid Leave 91

Empuls

OCTOBER 4, 2021

"How do we create compensation and benefits programs that can help us to attract the right talent, retain that talent, and help to engage that talent now and in the future?" Variable pay. Supplementary pay. Retirement benefits. Legal benefits. Only hard work pays off! What are benefits?

Bonuses 52

Bonuses Paid Leave Salary Benefits Package 52