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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. Free food or drinks. Some paid parental leave. And if you’re really shooting for the moon, you may even provide a few of these: Unlimited vacation time. Vision coverage.

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What Are Employee Benefits?

Abel HR

The Bureau of Labor Statistics found that 96% of employees in the private workforce received paid holidays, while 97% of these employees also received paid vacation days. According to Frac.tl, employers should also consider offering parental leave. Health Benefits. Plus, they may be a factor in retaining them.

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17 Essential Employee Benefits Ideas to Boost Morale and Productivity

Empuls

Offering unlimited paid time off (PTO) can help them achieve a better work-life balance and reduce stress. Parental leave Offering generous parental leave policies can help support millennial employees who are starting families. Netflix Netflix is another company that is known for its generous employee benefits.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Paid Vacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work. An extension of this benefit is providing unlimited vacation. Some of these perks involve having board games at work, nap rooms, free food. Paid Parental Leaves.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Paid Vacation. As the name suggests, these are benefits where an employee is paid even when he takes time off from work. An extension of this benefit is providing unlimited vacation. Some of these perks involve having board games at work, nap rooms, free food. Paid Parental Leaves.

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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. These cards can be for popular local restaurants, national chain eateries, or food delivery services like ubereats or doordash. Employees can use these cards to savor premium food and drink items.

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6 Best Places to Work and What Makes Them Special

Vantage Circle

Some of their key employee advantages are: Unlimited Vacation. Parental leaves. While paid leaves and vacations might be common but stock purchasing, egg freezing coverage, and reimbursement program make HubSpot stand out. Paid sick leaves which exclude personal leaves. Parental leaves.