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Do Workplace Wellness Programs Save Money? We Find Out.

HR Digest

Healthcare is an essential and a necessary investment for both employers and employees. A lackadaisical workforce can be detrimental to productivity. A study conducted by Harvard in 2015 found for every dollar spent on wellness programs, the employer saves $3 in healthcare costs and another $3 in absenteeism. Let us find out.

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Types of Employee Benefits: 12 Benefits HR Should Know

Analytics in HR

The types of employee benefits an organization provides carry weight in today’s employment market. Compensation on its own is not enough to engage employees and attract job seekers who now expect more comprehensive rewards for their work. Contents What are employee benefits? Why are employee benefits important?

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How to Design an Employee Benefits Program Effectively

Empuls

As an employer, you are responsible for keeping your employees happy, motivated, and engaged. One of the ways to achieve this is by implementing an effective employee benefits program. Employee benefits programs are an integral part of any organisation's compensation plan. What are employee benefits?

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Compensation and Benefits

Analytics in HR

Compensation and benefits refers to the monetary and non-monetary rewards an employee receives from their employer in exchange for their work. At the same time, compensation, benefits, and related taxes can account for up to 70% of business costs , highlighting the importance of getting comp & ben right at your company.

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Tackling Total Rewards: A System for Communicating Employee Benefits

ClearCompany HRM

Total rewards is a system that looks beyond the paycheck and examines the comprehensive benefits an employee receives, or that an employer offers. For example, an organization that values ongoing learning, might offer a generous conference or learning stipend. What is total rewards? Enter the Total Rewards Statement.