Employee benefits are non-wage compensation offered alongside salaries, crucial for attracting and retaining talent. They typically include health insurance,...
Common benefits include health, dental, and vision insurance; retirement plans (e.g., 401k); paid time off (PTO) like vacation and sick leave; and disability insurance.
Benefits help attract and retain top talent, improve employee morale and productivity, reduce turnover costs, and enhance a company's reputation as a desirable employer.
Comprehensive benefits, such as health insurance, mental health support, and flexible work options, provide financial security and promote physical and mental health, reducing stress and improving overall quality of life.
Current trends include remote work stipends, enhanced parental leave, mental health support, student loan assistance, financial wellness programs, and flexible work arrangements.