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Unlock the Best 15 Employee Perks in the US Companies

Vantage Circle

Benefits mainly cover the basics of a standard employee package. They include health insurance, paid time off, retirement plans, etc. They are categorized as “extras” that employers seek to invest in to improve employees’ quality of life. Companies are bound by legal obligations to offer benefits.

Company 59
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Creating a Culture of Well-being: The Key to Organizational Wellness

Terryberry

Between 2000-2014, businesses that won the Koop Award saw their stock appreciate by 325% , compared to the market average of 105%. Employees should feel confident and knowledgeable in managing their money and preparing for life after retirement. Financial coaches can provide workshops on budgeting and financial planning.

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12 Strategies for Healthcare Employee Retention for Building a Stable and Satisfied Workforce

Empuls

This could encompass providing gym memberships, organizing counseling sessions, or even introducing meditation and relaxation workshops. Establishing peer support groups can also be beneficial, offering a platform for employees to share experiences, discuss challenges, and provide mutual support, thereby nurturing emotional well-being.

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Causes of Employee Turnover

Bonusly

Bureau of Labor Statistics , 2014-2018. It includes health benefits like insurance and financial benefits like retirement savings. For many companies, it also includes any gifts or bonuses received due to a recognition program. When we talk about total rewards, we should also keep in mind the power of recognition.

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Guide to Hiring Employees in Nigeria

Recruiters Lineup

Statutory Benefits: Pension Contributions: Employers are typically required to contribute to the pension fund on behalf of their employees. The Pension Reform Act of 2014 established the Contributory Pension Scheme, which mandates both employers and employees to make contributions to a retirement savings account.