Top 3 Employee Benefits Your Staff Wants In 2024 -Money: The first element is competitive compensation. While this may seem obvious, offering competitive pay is crucial for attracting and retaining top talent. -Comprehensive Health Benefits: In today's world, access to quality healthcare is more important than ever... including medical, dental, and vision care, can help them feel more secure and cared for. -Work-Life Balance: The third important benefit is a work-life balance as a fast-paced and often stressful work environment, employees value flexibility and the ability to maintain a healthy balance between their professional and personal lives. Offering flexible work arrangements, such as remote work options or flexible hours, can help employees manage their responsibilities more effectively, leading to increased job satisfaction and loyalty. #Payroll #EmployeeBenefits #HumanResources
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The keys to presenting on Implementing Employee Wellness: 1. Enhance benefits without affecting take-home pay. 2. Integrate tailored health solutions seamlessly. 3. Achieve substantial payroll tax savings. 4. Ensure 100% compliance with ACA regulations. Contact us for a FREE Consultation. #payrolltaxsavings #employeebenefits
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The keys to presenting on Implementing Employee Wellness: 1. Enhance benefits without affecting take-home pay. 2. Integrate tailored health solutions seamlessly. 3. Achieve substantial payroll tax savings. 4. Ensure 100% compliance with ACA regulations. Contact us for a FREE Consultation. #payrolltaxsavings #employeebenefits
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When it comes to attracting and retaining employees, salaries are obviously important. But are you paying enough attention to employee benefits too? A recent survey by employee benefits technology provider Zest found that almost six in ten (56%) employees would be willing to leave their current job if they were offered a better benefits package elsewhere. In terms of the most popular benefits, these were private medical insurance, increased pension contributions, employers contributing to energy costs at home and mindfulness programmes. If you want a competitive edge, it's important to leverage generous and targeted benefits to support talent attraction and retention which in turn will contribute towards improve productivity and business performance. #employeebenefits #salary #staffretention #recruitment #productivity #performance
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Let's expand your employee benefits package and your company's net income all while we boost your employee's pay with no cost to either the company or employee! By taking advantage of this opportunity, you'll not only increase your company's net income and your employees' pay, but you'll also be able to expand your employee benefits package. Did you know that you can increase your annual net income by up to $742 per employee and boost each employee's annual net pay by up to $1,056? All it takes is 30 minutes of your time. Want to learn more? Don't miss out on this chance to improve your company's financials and take care of your employees. Message me for more info. #IRC125 #healthcare #wellness #happinessatwork #benefits
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Poor financial wellbeing can have a big impact on an employees health and way of life. So what can employers do to help...? 🌟 Employee benefits platforms give employees access to many different resources depending on the provider. This can range from talking with a financial advisor to having access to helpful articles with financial advice. 🌟Giving employees the opportunity to utilise Earned Wage Access software would allow them to access a percentage of their wages before their scheduled payday. This could make managing their expenses a lot easier. 🌟Offering financial planning support and wellness checks in the workplace would give employees a safe space to seek advice and guidance if needed without feeling as though they have to reach out first. If you want to make a difference and are interested in improving your employee's financial wellbeing, reach out to our team to learn how our solutions could help. #financialwellbeing #earnedwageaccess
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How well do you know your employee benefits? Surprisingly, new research shows that 34% of employees are either clueless or barely understand the full range of perks and benefits their employers provide. That's a whole third of the workforce potentially missing out on valuable add-ons to their employment package! Communication seems to be the heart of the issue. While a good chunk of people are clued in thanks to welcome packs or the first day rundown, a significant number are left in the dark. It's like having access to a treasure chest but not knowing where the key is. Employers, take note - nearly 40% plan to ramp up the encouragement for using available benefits in the coming year, and emphasis on health and wellbeing support is also on the rise. 👍👍👍👍👍 Let's not let these benefits go to waste. If you haven't already, dive into what's available to you. And if you're in the dark, ask around. Your HR team is there to illuminate those hidden perks you might not be aware of. 💼 Are you fully utilising the benefits your job offers? 🤝 Need advice or want to chat about recruitment in accounting? Check out bryonygibson.com for more info. #employeebenefits #staffbenefits #discounts
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Are you a manager or workplace leader interested in helping your employees make the most of their pay? 🤔 Our most recent article explores how you can do just that! From providing access to financial education to creating an employee benefits package that will allow your people to thrive, we're sharing our favourite tips for ensuring that your team's financial wellbeing is well taken care of. 🤗 Interested? Click the link to read the full article: https://lnkd.in/eEWkRFt4 #BenefitsCloud #EmployeeWellbeing #FinancialWellbeing #FinancialEducation
How to Make Employees' Money Go Further - Our Top Tips - Benefits Cloud
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How well do you know your employee benefits? Surprisingly, new research shows that 34% of employees are either clueless or barely understand the full range of perks and benefits their employers provide. That's a whole third of the workforce potentially missing out on valuable add-ons to their employment package! Communication seems to be the heart of the issue. While a good chunk of people are clued in thanks to welcome packs or the first day rundown, a significant number are left in the dark. It's like having access to a treasure chest but not knowing where the key is. Employers, take note - nearly 40% plan to ramp up the encouragement for using available benefits in the coming year, and emphasis on health and wellbeing support is also on the rise. 👍👍👍👍👍 Let's not let these benefits go to waste. If you haven't already, dive into what's available to you. And if you're in the dark, ask around. Your HR team is there to illuminate those hidden perks you might not be aware of. 💼 Are you fully utilising the benefits your job offers? 🤝 Need advice or want to chat about recruitment in accounting? Check out bryonygibson.com for more info. #employeebenefits #staffbenefits #discounts
Exclusive: 34% of employers say staff not aware of or do not understand benefits
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Non Financial Employee Benefits Hey there, Innovative Managers and HR Trailblazers! Who says that every reward has to have a price tag? Non-financial employee benefits are taking the corporate world by storm, boosting engagement and loyalty without affecting the budget! ✨ Here's a taste of some thrilling non-financial benefits you can shower on your team: 👉 Flexible Work Hours: Give the gift of balance. Let employees choose their start and end times to fit their life rhythm. 👉 Professional Development Opportunities: From workshops to courses, invest in their growth without spending on bonuses. 👉 Recognition and Praise: A well-timed 'Thank You' or 'Employee of the Month' spotlight can mean more than money. 👉 Health and Wellness Programs: Organize yoga classes or mental health workshops to show you care. 👉 Extra Vacation Time or Paid Time Off: Sometimes, time is more valuable than money. Give them a break! These non-financial gems create a work environment where employees feel seen, valued, and motivated, all without draining your financial resources. Are you buzzing with curiosity? Want to truly engage your team without opening the wallet? 🎁 Head over to our vibrant blog https://lnkd.in/gmfviNri to explore even more fascinating non-financial benefits that can transform your workplace. . . #benefits #employeebenefits #benefitsstrategy #benefitspackage #benefitsmanagement #hr #hrexecutive #hrconsulting #hradvice
Top 9 Non Financial Employee Benefits Of 2023
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💼 The Shift to Personalized Compensation & Benefits 💼 In 2024, more companies are offering customizable options that allow employees to choose what works best for them. Some even allow employees to decide how their total compensation is distributed—between base pay, short-term incentives, and long-term incentives. Additionally, many are providing flexible benefits choices, such as health spending accounts or “à la carte” benefits offerings. 🎯 This shift reflects a growing recognition that employees value different things at various stages of their lives and careers. A flexible compensation and benefits package not only boosts satisfaction but also helps companies attract and retain top talent in a competitive market. But I'm curious—how are companies balancing personalization with practicality? I’d love to hear your thoughts! 👇 #EmployeeExperience #CompensationTrends #HR #TotalRewards #Benefits
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