What are Employee Benefits? (Literally?) The term “Employee Benefits” is the arrangement of advantage or rewards from employers who are at the top level to employees who are at the middle and/or lower level of organization. Employee benefits are perks given to employees other than their salary package either direct Read more…
Employee benefits are perks offered by employers like commuter benefits and health insurance, savings plan and medical care benefits. Offering an employee benefits package can cost from zero to hundreds of dollars per employee per month. An attractive employee benefits package helps your employees to maintain quality work at a Read more…
With the dynamic events observed in an economy, employees are becoming more competitive to fulfil their higher expectations in the workplace. Salary is one of the key reasons why employees in Malaysia leave a job. Some employees are driven by the financial benefits, for instance, higher pay, annual bonus, and Read more…
Employee benefits can make or break a job seeker’s decision to work for you. Benefits involve a hefty business expense. With so many funds on the line, it is essential to evaluate the cost of these benefits and budget efficiently. To plan an employee benefits program on a budget, your company Read more…
Each year, companies try to find unique and efficient ways to promote their employee benefits. Today, it has become significant for employees to compare their short-term and long-term employee benefits with those offered on the open market. Without complete engagement in health and wellness programs, firms cannot provide the cost Read more…
We are living in the age of data and it is revolutionising HR. But is the HR world prepared for this huge opportunity to digitalise? Focusing on people analytics might give HRs the answer they are looking for! HR has always been the owner of “hard” data, such as cost of employment, cost of turnover, absenteeism, medical costs and thing alike. This information is critical, but it’s not always a true indicator Read more…
A flexible benefits plan enables workers to pick the benefits suitable to them. Flexible benefits guarantee that organizations won’t have to change their benefits offering each time their business targets move.
Let’s acknowledge an underlying fact: Job hunters are usually preoccupied with landing jobs that not only pay well but also provide attractive benefits – such as medical insurance, retirement plan, and flexible working hours. Millennials have developed in a much different culture than previous generations, with a modern set of Read more…
Why are wellness programs important? Why do companies spend their time and money on them? Well, on the surface level, thoughts like keeping employees happy and employee retention come to mind. Alternatively, it could be to attract top talent and perhaps promoting the overall wellbeing of the employees. However, it’s Read more…
Employee benefits, when incentivised effectively, are powerful tools to retain your company’s best talents. Investing in employee benefits is not really expensive.