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Types of employee benefits Before delving deeper into learning the process of calculating employee benefits, let’s understand the major types of employee benefits. Statutory benefits Statutory or mandatorybenefits are legal requirements that businesses need to comply with.
Highlights Meaning of employee benefits Imoprtance of employee benefits Types of employee benefits Legally mandatorybenefits Popular employee benefits Creative and budget-friendly benefit ideas What Are Employee Benefits? HealthInsurance A healthy employee is a productive employee.
Traditionally, employee benefits were limited to necessities like healthinsurance, retirement plans, and paid leave. These perks are more than just add-ons; they are crucial in maintaining high productivity and performance levels. What are corporate perks?
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