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Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks

HR Digest

At its core, the fringe benefits meaning refers to any compensation provided to employees beyond their regular wages or salaries. These perks, often discretionary, supplement an employees paycheck and can range from health insurance to gym memberships, company cars to childcare assistance. Compliance is non-negotiable.

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The 20 Best Employee Retention Strategies

Vantage Circle

Creating a highly engaged workplace begins with having an effective employee retention strategy. Employee retention is the organization’s goal to keep talented and skilled employees. For a lower employee retention, you need to nurture and engage your talent to stop them from leaving.

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Importance of Employee Benefit Package And Why it Matters

HR Digest

Employee benefits have become an essential part of any competitive compensation package. From mandated health insurance plans to free snacks, benefits and perks can play a big role in talent attraction and employee retention. The mandatory benefits form the foundation of all employee benefit packages.

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Study Pegs Group Benefits Return on Investment at 47%

InterWest Insurance Services

A recent study has found that employers who offer health insurance coverage to their staff had an average return on investment (ROI) of 47%, meaning that for every $1 an employer spends, it will receive $1.47 The analysis found that this combination of group health and wellness programs boosted overall ROI for employers.

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Top 7 Employee Benefits and Incentives

Employee Benefits

Employee retention poses a complex challenge that goes beyond merely offering a competitive salary. The prominence of employee perks is on the rise, and as such, workers’ expectations are also climbing. Group health insurance packages typically range between £250 and £1,000 per employee per annum.

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Eight Key Trends In Staff Benefits Programs In 2025

Empuls

  These benefits range from health insurance to retirement plans, paid time off (PTO), and wellness programs. A well-rounded program addresses employees' financial, physical, emotional, and social needs, contributing to their overall job satisfaction and work-life balance. What is an employee benefit plan?

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How Employee Benefits Can Help with Retention and Recruitment

Winston Benefits

The employee benefits your company offers have a direct impact on your ability to attract new staff and keep your best ones excited to be part of your team. While many employee benefits are seen as standard, such as health insurance, there is a growing demand for new offerings, especially flexible work environments and schedules.