article thumbnail

Golden handcuffs: Should employers use them on top talent?

Business Management Daily

More often than not, golden handcuffs take the form of deferred financial incentives, which include: Annual bonuses Deferred compensation packages Stock options Company car Payouts Supplemental Executive Retirement Plans (SERPs) Extra paid vacation days Vacation homes Flexible working conditions Pension plans Using company facilities for free As you (..)

article thumbnail

Fringe Benefits: What Are They and How Are They Helpful

HR Digest

Examples of these fringe benefits include: Retirement Plans Paid Vacation Gym memberships Meal subsidy Commuter Benefits Employee Stock Ownership Plan (ESOP) Advantages of Offering Fringe Benefits Employees feel valued if they are provided excellent benefits packages.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Keep Staff Happy (and Reduce Turnover) 

Hppy

Retirement planning, paid vacations, performance bonuses, learning stipends, and commuter assistance should also be considered if you have the cash flow. However, it isn’t all about insurance. You should also provide other perks, like gym or yoga memberships.

article thumbnail

Designing a Remarkable Employee Perks Program that Fuels Success

Vantage Circle

Retirement Plans: Retirement savings are viewed as the most essential benefit by 77% of working Americans. Retirement schemes aim to facilitate the process of employees accumulating funds for their future years after they exit from active work. Paid Time Off: Paid vacation time is available to 81.5%

article thumbnail

How to deliver high-value workplace perks that employees love

Insperity

These things have become so commonplace that employees expect them, such as: Health insurance Dental insurance Paid vacation and sick days 401(k) retirement plan Disability insurance Life insurance Workers’ compensation Unemployment insurance.

401(k) 102
article thumbnail

Examples of fringe benefits by category

Business Management Daily

Fringe benefits generally cover needs such as: Health and wellness Retirement planning Time off and vacation Financial offerings Work-life balance Company-sponsored fixtures and events Professional development Let’s take a look at what’s included in each category. However, there are a few categories into which they usually fall.

article thumbnail

10 most popular employee benefits and perks

Higginbotham

According to Joblist, 67 percent of job seekers say that health care is the top employee benefit that job seekers care about, and 60 percent of workers who have health coverage say they are not satisfied with their plan. Beyond Retirement Plans: Financial Wellness and Student Loan Repayment. Paid Time Off.