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16 Employee Perks Your Team Wants More Than a PayRaise [Infographic]. 40% of respondents to Glassdoor’s Q3 2015 employment confidence survey said that they value health insurance more than a payraise. Performance bonuses are a fantastic way to do just that. Performance bonuses are a fantastic way to do just that.
Amazon, Costco and Walmart, have bumped paychecks, Glassdoor’s Employment Confidence Survey found that 4 in 5 employees would choose additional benefits over a payraise. We recently added benefits to support our working families including back up child care, infertility benefits and paid parentalleave.
With the development and changes of society, such as salary and leave after implementation, sharing of parentalleave, etc., The plan must include bonuses and stock payments. Consider your team in a payraise plan. Maintain a compensation package plan that reflects society. Then so will the team.
Employees Prefer Benefits Over PayRaise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to payraises. Below listed are some employee benefits which employees feel are better than payraises: Health Insurance. Paid ParentalLeaves. Performance Bonus.
Employees Prefer Compensation and Benefits Over PayRaise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to payraises. So creating a policy where they can avail paid sick leaves is a great way to show that you care for your employees’ well being.
The world’s biggest online retailer Amazon a payraise for over 500,000 workers across its fulfilment and transportation sectors. This pay bump could be as low as an additional 50 cents an hour to as much as three extra dollars per hour.
Netflix made headlines this year when they announced they were offering unlimited paternity/maternity leave. Compare this to existing federal law, which guarantees up to 12 weeks of parentalleave, but only for companies with fifty or more employees. One way to curb these losses? Incentivize flu shots.
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