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Here are some key reasons why investing in staff benefits is important: Increased retention : A competitive benefits program can significantly reduce employee turnover, saving your organization time and resources in recruitment and training. This includes parentalleave policies and childcare support.
Now more than ever, employee benefit packages are considered important for the unwieldy terrain of today's job market. Only those organizations that understand how to use this most powerful approach to their advantage by including comprehensivebenefits in kind do well in the market for acquiring and retaining key brainpower.
. - 78% of employees consider benefits very important when deciding whether to accept a job offer, showcasing how critical benefits are in attracting talent. - 69% of employees would choose one job over another if it offered better benefits, emphasizing the competitive advantage that comprehensivebenefits packages provide. -
A robust employee benefits program has emerged as a critical factor in this endeavor. Employees increasingly seek more than just a paycheck; they desire comprehensivebenefits that support their well-being, work-life balance, and personal development.
Provide Competitive Compensation and Benefits Compensation isnt just about salary. To truly enhance employee welfare, you need to offer a comprehensivebenefits package that shows employees you appreciate their hard work. Paid time off (PTO), sick days, and parentalleave to ensure employees can rest and recharge.
Inclusive work environment : PepsiCo offered flexible work arrangements, childcare options, and generous parentalleave to support a healthy work-life balance. Beyond these benefits, Nooyi championed diversity and inclusion, ensuring opportunities for all regardless of background.
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