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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

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Employee Benefits like unlimited vacation and work-from-home privileges are things of the past now. Employees Prefer Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% employees aged 35-44 favor benefits to pay raises. Paid Vacation. Remote Working.

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

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The survey also found that 80% of employees would choose additional benefits over a pay raise. A new survey conducted by Fractl found that, after health insurance, employees favor benefits that are relatively inexpensive to employers, such as flexible hours, extra paid vacation time, and work-from-home options.

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Top Employee Benefits & Compensation Ideas for a Diverse Workforce

Vantage Circle

Employee Benefits like unlimited vacation and work from home privileges are things of the past now. Employees Prefer Compensation and Benefits Over Pay Raise. Similarly, 89% of younger employees aged 18-34 and 84% of employees aged 35-44 favor employee benefits to pay raises. Paid Vacation.

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Company Benefits That Millennials Actually Seek

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And these millennials are more likely to stay and work for your company if you provide them with certain benefits that will help them in their steady growth. A study shows, 89% prioritize benefits over pay raises. Remote Control: Work from a Couch. Holidays that are Paid For?? We all love holidays, don’t we?

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