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If you want your business to attract top talent in today’s job market and retain employees for the long term, one of the most powerful tools at your company’s disposal is competitive employeebenefits. Let’s explore what employees expect so that you can stand out from your industry peers and recruit and keep the best.
Some companies also offer perks like a dog-friendly office as part of their employee value proposition. How to develop a strong employee value proposition Discover strategies for building an effective EVP for your business. Offering paid parentalleave is another excellent way to improve your EVP through enhanced benefits.
How to offer: Two notable Employee Discount Platforms in India are Vantage Perks and Advantage Club. Vantage Perks offers a wide range of deals and discounts for employees to choose from, while Advantage Club extends 'Corporate-Employeebenefits' to Wellness, Dining, Education, Gyms, Entertainment, and many more spheres of life.
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?
Paid time off (PTO) , travel reimbursement, tuition reimbursement, menstrual leave, and childcare assistance are some common types of fringe benefits. A report by T he Conference Board indicated that 86 percent of organizations maintain policies such as parentalleave and well-being support.
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