Employee benefits - HR Glossary

HR Glossary - Employee benefits - Hireforce
HR Glossary - Employee benefits - Hireforce

Employers give non-wage compensation to their employees in the form of health insurance, retirement schemes, and paid time off.

Example

A firm that provides comprehensive health insurance and a big 401(k) match may be more appealing to job searchers than one that simply pays a modest income. Employee perks may help organizations recruit and retain top talent, as well as boost employee morale and work satisfaction.

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