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3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

That’s the case for any employee benefit, from time off to healthcare to flexible work arrangements to workers’ comp insurance. Yet many business owners today still seem hesitant to invest in better coverage or more paid vacation hours to woo new talent. Some paid parental leave. Free healthcare coverage.

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Golden handcuffs: Should employers use them on top talent?

Business Management Daily

As a theoretical example, a highly compensated employee in a fast-paced industry like healthcare or tech may experience burnout after several years on the job. However, golden handcuffs can negatively affect employees’ well-being if they no longer enjoy their work or want to pursue other life goals.

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Examples of fringe benefits by category

Business Management Daily

A good regular salary may have been enough years ago, back when government subsidies managed things like healthcare and retirement, but those programs have become less and less effective. By offering perks such as gym memberships and plenty of vacation time, companies can sweeten the deal for prospective new hires and attract top talent.

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Designing a Remarkable Employee Perks Program that Fuels Success

Vantage Circle

Health Insurance: Over 80% of employees over 42 want jobs that involve employer-provided healthcare ( Forbes Advisor ). The number shows the critical importance of healthcare in an employee's life. This helps them cover the cost of doctor visits, prescription medications, hospital stays, and other healthcare-related expenses.

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Employment Benefits in Sweden

Global People Strategist

The Annual Leave legislation in Sweden distinguishes between paid and unpaid leave, as well as between the terms ‘vacation year’ (starting on the 1 st of April and ending on the 31 st of March of the subsequent year) and ‘qualifying year’ (defined as the 12-month phase before the start of the country’s vacation year).

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The Laws Every HR Manager Needs to Know

Hppy

This type of law refers to the compensation provided to employees by their employers, to supplement wages or salaries, such as health insurance, life insurance, paid vacation, and childcare 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. And employees also tend to take almost the same amount of vacations as they used to earlier. Paid Sick Leaves. Conclusion.