Remove Entertainment Remove Financial Compensation Remove Salary
article thumbnail

Top 20 Examples of Employee Incentive Programs

Vantage Circle

A retention bonus is financial compensation paid to employees who have remained with their organization for a specific length of time. Employers use dearness allowance to raise the salaries of their employees. It is a payment that compensates for the rise in prices and cost of living. Dearness Allowance. Fringe Benefits.

article thumbnail

How Employee Perks Can Help Companies in the US

Vantage Circle

This includes opportunities for learning and development, a healthy work-life balance, a positive company culture, and an enriching environment beyond financial compensation. Additionally, Honeywell provides a matching contribution to retirement funds, up to a maximum of seven percent of an employee's base salary.