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Employee Benefits: The Only Guide You Need

Achievers

The term “employee benefits” is used regularly, but often with a limited, traditional definition in mind. The traditional concept refers to legally mandated benefits plus a few voluntarily added by employers. What are employee benefits? . Employee benefits are non-salary compensation and perks.

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Employee Compensation vs. Employee Benefits

Helpside

Offering competitive compensation is a great way to increase employee retention , as it demonstrates to employees that their hard work is recognized by the company. Employee benefits Employee benefits are compensation apart from base wages and salaries.

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What Brokers Can Be Thankful For This Year

Extensis

Employee benefits Your clients rely on you to present cost-effective benefits packages that cater to their increasingly diverse workforces —and that need will remain steadfast. Even better is a partner that not just understands but prioritizes your needs as a broker.

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IFEBP Study Shows 40% of Companies Are Outsourcing Their Benefit Functions

Extensis

Managing employee benefits has become more complex over the years, which is why more companies are choosing to outsource these functions. A recent survey conducted by the International Foundation of Employee Benefit Plans (IFEBP) estimates one-third of companies have increased outsourcing of benefit functions in the past five years.

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How Christian Horizons Used DailyPay to Improve Employee Engagement

DailyPay

OVERVIEW Christian Horizons needed to retain existing employees and improve employee engagement while remaining conscious of their bottom line INDUSTRY Senior Living Center THE PROBLEM Attrition was an ongoing problem for Christian Horizons and the continuous staffing gaps were becoming increasingly damaging. GET A FREE DEMO.

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Employee Benefits: Then and Now [infographic] – Friday Distraction

HR Bartender

And how as a result, we need to manage employees differently, use newer technologies, etc. But what about employee benefits? For the past twenty years, the Society for Human Resource Management (SHRM) has been publishing an employee benefits survey. It means adding or enhancing core benefits.

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Thinking Outside the Box: The Advantages and Disadvantages of Unique Employee Benefits

HR Digest

One way they are doing this is by offering non-traditional employee benefits. These benefits go beyond traditional healthcare and retirement plans and can range from flexible work arrangements to company-sponsored vacations. What are non-traditional benefits? Pros of Non-Traditional Employee Benefits: 1.