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Employee value proposition in action: Compelling real-world examples

Business Management Daily

Compensation Of course, most of us work primarily to get paid, so compensation is a critical component of an employee value proposition. Compensation includes the employee’s hourly wage or salary, along with added forms of payment like commissions or bonuses. Most of the above items are standard offerings.

Salary 105
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What Are fringe benefits? Options, taxability, and other considerations.

Business Management Daily

Social security and workers’ comp, for example, aren’t usually bonus options and so are not considered fringe benefits. Small businesses often aren’t aware that their employees are being taxed for perks they want to write off as expenses, so get help from an accountant if you’re unsure.

Taxes 52
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10 Best Employee Benefits Platforms to look out for in 2023

Vantage Circle

This game-changing platform revolutionizes how organizations administer and deliver benefits, putting the power in the hands of employees. Know all about our curated list of the top 10 employee benefits platforms based on their features, user reviews, and market reputation. Findings from the Blog? Manage time off requests.

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Understanding Taxable Benefits In A Quick and Easy Way

Vantage Circle

Group life insurance premiums provided to employees over $50,000. Employee discounts. Employee stock options. Disclaimer: This article is intended for informational purposes only and cannot be construed as legal advice. Which Benefits Are Considered Taxable? Paid vacation. Health club memberships.

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How to Retain Employees: 13 Practical Takeaways from 5 Case Studies

SnackNation

A study from the Center for American Progress found that the average cost of replacing an employee was about 21% of her salary. But we’ve been underwhelmed by the information that’s out there… most of it vague, abstract, and frankly, not very useful. Takeaway #13 – Don’t rely on “golden handcuffs”.

Food 72