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They are categorized as “extras” that employers seek to invest in to improve employees’ quality of life. These facilities are not mandatory to make employees work, but they add zeal for employees to thrive and enjoy working. Financial worries are part and parcel of an employee’s 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 employee benefits?
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