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Employers are required by law to provide certain benefits to employees. Beyond that, however, fringe benefits can help employers sweeten the deal and make work a better place to be. Social security and workers’ comp, for example, aren’t usually bonus options and so are not considered fringe benefits.
Flexibility in Benefits: An employeebenefits platform can provide greater flexibility in the benefitsemployers can offer their employees. For example, some platforms allow for integrating different benefits, such as health insurance, retirement plans, and wellness programs. Findings from the Blog?
According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. What are employeebenefits?
Embrace flexibility and provide multiple plan options for employees so they can elect coverage that meets them where they are in life. Offer comprehensive coverage that includes not just basic services, but additional services that make employees’ lives better. Give employeesstockoptions.
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