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Employees Prefer Benefits Over PayRaise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to payraises. Below listed are some employee benefits which employees feel are better than payraises: Health Insurance. PaidSickLeaves.
A Glassdoor survey found that 80 percent of employees prefer additional benefits over a payraise. Some employers offer paidsickleave, but usually not enough to cover a serious health problem. If employers don’t provide adequate compensation, they risk losing their workers. It can be very expensive.
Employees Prefer Compensation and Benefits Over PayRaise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to payraises. PaidSickLeaves. So, what non-monetary benefits can you provide to retain these employees?
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