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- Perks at Work
- Healthy vending machine or cafeteria options.
- Gym membership reimbursement.
- Required breaks (bonus for nap rooms, tea stations, etc.)
- Wellness activities like yoga, meditation, walking clubs.
- Health Insurance. Health insurance pays (or helps pay) for your medical expenses as they come up in exchange for a premium, or money paid—by you and/or your employer—to the insurance provider each month.
- Dental and Vision Insurance. Dental and vision insurance cover your dental and eye-care needs. Dental insurance typically covers routine exams, cleanings, x-rays, and some portion of procedures like root canals and fillings.
- Flexible Spending Account. A flexible spending account (FSA) allows you to put pre-tax money aside to pay for the year’s out-of-pocket healthcare costs, like over-the-counter medications, copays for doctor visits, medical devices like crutches or blood sugar tests, or vision and dental care needs like glasses or contacts.
- Life Insurance. Life insurance is an insurance policy that pays a set amount of money to your chosen beneficiary (or beneficiaries) when you die. If you’re just starting your career and don’t have any children or others who depend on you financially, life insurance may not seem necessary.
- What Are Employee Perks?
- Employee Perks vs. Employee Benefits: What’s The difference?
- Why Are Employee Perks Important?
- Benefits of Employee Perks
- How to Choose The Best Perks For Your Employees
- 25 Top Employee Perks and Benefits to Retain Talent in 2021
- What to Avoid When It Comes to Perks
Employee perks are additions to employee compensation — which includes salary and benefits. Perks are not required by law or considered basic necessities. They typically help define and reinforce a company’s overall culture and are considered important parts of enhancing the employee experience.
Benefits are forms of noncash compensation that cover necessities an employee would otherwise have to pay for on his or her own. On the other hand, employees would be able to go on without perks, but they may hold value in encouraging someone to work or stay with the company.
There are certainly altruistic reasons companies can offer perks. Whether it’s a flexible work schedule, parental leave or the occasional free lunch, perks can make employees happy. But beyond altruism, perks can play an important role in employee experience and engagement. By connecting with your employees and providing them resources that they va...
Employee perks improve the quality of life for employees while encouraging them to start or stay with your company. 1. Perks strengthen and reinforce company culture. They convey messages about company culture. For instance, offering tuition reimbursement shows that your company places a high value on continuing education. 2. Perks help recruit top...
Perks can help reinforce a company’s culture, but they can’t define it. Ask yourself: What is the company’s mission and purpose? For instance, L.L. Bean sells outdoor gear, so it gives employees discounts, access to camps near a lake in Maine and manages an outdoor recreation club for employees. Ask employees what perks and benefits they’d like to ...
Perks and benefits can impact hiring, retention and employee satisfaction. Benefits like health insurance, dental care or retirement plans are considered part of the overall compensation package. And perks can be the icing on the cake to help boost a company culture that encourages employees to pursue a positive work-life balance, get and stay heal...
Your employee perk programs should be one part of your overall workforce plan. For example, if you own a restaurant addressing employee turnover, you may want to focus on efforts that you think can impact employee retention. Whatever your case may be, start by identifying specific and measurable goals before rolling out any new employee perks. Afte...
March 11, 2024. 4. min read. 40 Popular Employee Perks and How To Offer Them. Explore our complete list of enticing employee perks to help attract and retain top talent. Rebecca Noori. The “perks of the job” are those extra treats you’d miss if you could no longer access them.
Feb 3, 2023 · Indeed Editorial Team. Updated February 3, 2023. Employee perks may improve productivity, increase employee motivation and help to make work more enjoyable for staff members. Regardless of the type of organization you work for and what it does, employee perks can have a direct impact on the company's overall efficiency.
Apr 26, 2024 · 23 best employee perk ideas. We took some of the hard work out of brainstorming the best employee perk ideas for your company. Below, we list 23 ideas that support employees’ financial, physical, emotional, holistic, and social well-being. 1. Work-from-home gear.
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