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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

Yet many business owners today still seem hesitant to invest in better coverage or more paid vacation hours to woo new talent. The recession created an employer’s market where employees often had to settle for “good enough” when it came to their benefits. Ten years ago, that wasn’t a problem. One can certainly affect the other.

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What U.S. Employers Can Learn About Work-Life Balance from These 6 Countries

Hppy

The civil service, tech sector, oil and gas, education, entertainment, sport, finance industry, etc all have their ways of choking people out of the time they give to other areas of their lives in pursuit of growth and success in the industry alongside the safety of their jobs. Statistics show that only 0.4%

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Top 20 Examples of Employee Incentive Programs

Vantage Circle

A bonus is paid to an employee as an incentive to perform well throughout the year. Most times, employers award a bonus for a specific achievement that meets the company's expectations. A retention bonus is financial compensation paid to employees who have remained with their organization for a specific length of time.

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20 Amazing Virtual Birthday Party Ideas For The Workplace in 2022

Vantage Circle

Gift cards are the perfect solution to the employer's dilemma. Virtual gift cards let employers choose from a wide range of retailers that cover almost every aspect of their employees' interests. This gives an employer the perfect excuse to suggest a virtual movie night as a celebration. Paid vacation.

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57 Stellar Ways to Reward Employees for Good Performance & Acknowledging Employee Dedication

Empuls

This can include fully-paid vacations, weekend getaways, or travel vouchers. Sabbaticals A sabbatical is an extended period of leave with continued employment, often granted after several years of service. Travel not only serves as a refreshing break but also allows employees to create lasting memories.

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What Employees Really Want from Their PTO Package

Achievers

Despite historically high levels of employment, more than 1 in 3 workers (39 percent) said they would accept a job without PTO. In terms of the type of time off benefits employees desire, paid holidays tops this list, with 91 percent of employees ranking it as the No. So what’s in it for the employer? 1 benefit.

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What is the Difference Between Benefits, Perks, Gifts, Awards, Incentives, and Rewards?

Empuls

But not recognizing or rewarding your employees at all will make you lose your credibility as an employer. An incentive is an object, an item of value, reward, or privileges that motivate employees to do more and meet the goals set by the employer. The same goes for paid leaves since every organization has a different leave policy.