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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Retirement planning services. Profit-sharing Plans. If you want your people to tackle the company's goals like their own, you need to drive the fact that the more profits the company makes, the more profitable it will be for them. Hence, enter the profit-sharing plan.

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Everything You've Ever Wanted To Know About ESOP Plan

Vantage Circle

It is also referred to as an employee stock option plan (ESOP) or an employee stock purchase plan (ESPP). In other words, an ESOP plan is an employee benefit program , somewhat similar to a profit-sharing plan. These phantom shares are credited to the company's books.

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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

Some companies share a portion of their profits with employees as a way to reward them for their contributions to the company's success. This can be distributed through bonuses, profit-sharing plans, or stock options. Travel and adventure Travel and adventure gift cards open the door to exciting experiences.

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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

Chapter 7: Some Useful Resources and Books on Total Rewards. Some non-monetary rewards include opportunities to learn and grow, extra time off, profit-sharing plans , wellness memberships, etc. Listen to this podcast by Dr. Aparna Sethi , author of the book "Where To Draw The Line."

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