Employee benefits. How important are they to staff?

[Youngdee]

There are organizations that gives their employees benefits such as additional bonuses to salaries paid, paid vacations abroad, health insurance, Retirement plans. These benefits produces a productive workforce and help boost workers morale but at the same time cost most Employers a lot and increase their financial statement making them require a lot from employees in return.

What are the Pros and cons of these benefits on Employees and Employers and how important are they?

 

[IamDozzy]

There can only be advantages in employees receiving benefits from their employers or rather the advantages far outweighs the disadvantages. Extra benefits motivates the employees and increases their productivity. It gives the employees a sense of loyalty to the business organization. And it refines the credibility of the organization in the eyes of the public.

 

[Dubai]

Employee benefits are necessary to all staff as it would increase their motivation towards meeting and surpassing deadlines. It is an enticing way to uplift the morale of your staff. I would advise any business man to strive in giving the benefits when the need arises.

 

[tuna89]

Employee benefits are very important in every organization though some organizations in my Country do not have such packages. The Human resource department is in charge of effective dissemination of benefits as well as programs that improve the skills, talents, professional and intellectual lifestyle of the employees, the benefits serve as a motivation to workers as well.

 

[AGUII]

employer benefits are so normal and goody

 

[Akgreat82]

Employee's benefits should be a normal part of the package for staffs in an organization, because this will also serve as a motivation to do more.

 

[Chumzy]

It is really important because other than salary it gives them a good reward. Somtimes salaries alone are never enough to motivate them and you need more. Have an employee benefit system to reward your staffs is the best possible thing.

 

[Adeyoola7]

employee benefits have a strong connection to employee turnover. Roughly half of employees listed benefits as an important factor that keeps them from leaving their current employer, which makes benefits a top priority for retention.

Offering benefits to your employees is important because it shows them you are invested in not only their overall health, but their future. A solid employee benefits package can help to attract and retain talent. Benefits can help you differentiate your business from competitors

 

[CeeJase]

It's value cannot be compared. I have a friend who went extra mile to make sure things are in order for their work to flow without ceasing only for her to be given the same benefits as others received with the quote "all these incentives that you all received today was due Wisdom's hardwork."
While others left smiling she left with a bitter heart.

 

[Kehinde]

These can include paid vacation life and disability insurance (in some states, short-term disability leave is mandatory), retirement savings plans, education assistance, wellness programs, and child care assistance. From the employee's perspective, basic benefits can be invaluable.

 

[Thosynho]

There are organizations that gives their employees benefits such as additional bonuses to salaries paid, paid vacations abroad, health insurance, Retirement plans. These benefits produces a productive workforce and help boost workers morale but at the same time cost most Employers a lot and increase their financial statement making them require a lot from employees in return.

What are the Pros and cons of these benefits on Employees and Employers and how important are they?

As much as I know, no company who have all the aforementioned benefits for her employees will be in need of quality staff. That company will be the dream job of many unemployed and even employed staff. The benefits are too enormous for staff to joke with their job.

 

[solomonmali]

Employee benefits

Post automatically merged: Feb 10, 2021

We often get asked – what are employee benefits? Employee benefits, also known as perks or fringe benefits, are provided to employees over and above salaries and wages. These employee benefit packages may include overtime, medical insurance, vacation, profit sharing and retirement benefits, to name just a few.

 

[Milz]

Employees benefits helps to motivate your staff to become more productive. It even gives your organisation a better reputation outside the gates of your company. It also boosts creativity among workers.

 

[Nicklas22]

Employee benefits is very important to staff because it gives them motivation to do more, when an employee receives a large amount of benefits his work output increases
Employees benefit makes the staff work with full might

 

[Luckboy]

Employee benefits can improve your company’s bottom line by engaging employees to participate in wellbeing programs, such as Virgin Pulse. Healthier employees mean reduced healthcare costs for your organization. Employees with fewer health risks experience fewer sick days, fewer trips to the doctor, and spend more time working in your organization, bringing their best selves to work every day.

 

[Adegbindin Abdullahi]

Employee benefit is very important because it show that you are not only interested in their overall health but interested in their future,a solid employee package can help you attract and retain talents, it boost the morale of the employees in your company and ensures them to work efficiently

 

[Goodday]

Employees benefits are very helpful to the growth of the organization. Most at times these employees benefits are various rewards that an organization gives to its employees just for free in addition to their salaries. This mostly happen when the organization feels that the employees are very supportive to the growth of business.

 

[hominchen]

They are definitely good for employees like in my country weekly off days also matters in counting benefits. Festival bonus and increments are welcomed. Employers also need to ensure a good working team to maximize profit in entertaining way.

 

[Defaith]

Employee they are very important to us and they are very beneficial to gain a good benefits as an employee if your it is the way your employee look like that's how is your workers will also look like so for you as the manager of a organisation you have to look for a good employee that can manage your workers that can't get a good workout for your business you don't know business is all about plan and when you have good employee that will get you a workers that can work for you your business will also move on

 

[btaliat]

A business owner that wants the growth of his company should try and be given employee benefit. When people gave a self of belonging to where they work, they perform absolutely well. Employee benefit will let them feel like servants and not slave.