Employee benefits. How important are they to staff?

[Oluwasube]

There can only be pro and no cons when it comes to receiving benefits. Giving out benefits to your staffs shows that you value their input towards the growth and success of your business. And in return it motivate them to always give their best.

 

[Setho]

As humans not just in business even in our personal life we need motivation In order to keep on moving. It is important that we attach some kind of benefits to our employees from time to time. It could be I'm form of performance related benefits or sometimes just when the company is making profits beyond expected.

 

[Mahnoor]

Why are employee benefits important?​

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.

 

[Akinwale701]

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?

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

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?

Employee benefits are very important to staff and to the company as well because it increases the courage and thir ability to continue to give their best to the company without any grudges or complaints. Company should imbibe this attitude

 

[Sariana23]

The benefits for the employees are of importance since they are the ones that keep the company in operation, therefore, said employees should be happy and encouraged to give their best. Bonuses have always been around for a reason and that is this. As for the expenses of the company, it must foresee these benefits in its expenses to pay.

 

[Seun4luv]

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

 

[Tinaconcept]

Employees allowances is very important to both the staff and the employer because the growth of a company does not lie on sales and turnover but with labour being a factor and if your employees are motivated and happy, they tend to increase production for the growth of the business

 

[Wolext]

Rewards for any work done is very important. Abraham Maslow made it very important that if want to see a good result from your staff, you have to give them their entitlement whenever they have delivered. So , their reward or wages is very important to them. To care for the family even for themselves

 

[Shayo]

Employee benefits is very important in a workplace, but it shouldn't be always, to avoid creating the wrong impression. People are quick to feel entitled, so if you give benefit always, you have to follow through because the moment you stop, employees start misbehaving since they already think it is their entitlement.

 

[Folaham]

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?

All spelt out benefits are employee's to tap and they serves as a motivating factor for the employees to push themselves much harder but sad to nite that some organizations denied paying such bonuses siting the such are "previledge and no rights" and at this point, they ended up demoralizing such employee.
All status bonuses shouldn't be asked for by employee before the employees trigger them as the best way to say thank you to such deserving employee is to give what is due to him/her as at when due

 

[idhans]

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?

Giving some rewards and gift benefits to your employees is one of the important ways of boosting their morals and increasing their productivity. It is very important for every welfare department of a company no matter how small the business is to reward their employees for their good work especially when the workload increases.

 

[KvngMurphy]

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

 

[Richard92]

Employee benefits are very very important to employee even if it's just like motivation for workers is enable them to work effectively and also have moral to carry out their duties anytime any day.

 

[Thosynho]

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.

Employees have this joy and confidence working for companies with great benefits. When a company have good pension plan for their staff, staff will work with confidence of having something in stock for him or her.

 

[Neeta313]

These kind of benefits will make everybody rush to work in that company. Employee benefits are actually nice because they will boost staff morale. The staff will feel that they are putting hard work and they get to enjoy as well. I feel employee benefits is important in a company if the manager or the employer can afford it.

 

[Neta Sam(Samuel Odunlade)]

The benefits of employees are very vital and important to the success of the organization. You must learn to treat people well. Give them the needed encouragement and training. Appreciate them Infront of others.

 

[Taiwoayan]

This is very important to employee. It makes the employee to put more effort because it gives them Assurance that the company has them in mind. This will generally motivate the staff and makes them to put more effort in making the company to achieve its goals. Also taking care of staff welfare automatically improves their efficiency

 

[Segshowee]

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?

Employees benefits are very vital to stimulate and boost their morale and productivity. It could come in different packages like leave bonus, health insurance, soft loans, monetary incentives and others. All these serves as motivating factors to employees.

 

[Youngdee]

There can only be pro and no cons when it comes to receiving benefits. Giving out benefits to your staffs shows that you value their input towards the growth and success of your business. And in return it motivate them to always give their best.

There are cons when it comes to giving employees benefits and this disadvantages mostly affects the company only few may be of bad effect to the staff. This benefits cost a lot especially Health insurance and Paid trips. Most companies might find it difficult to maintaining their budget when there is decrease in productivity or profit coming in and these might cause them to adjust what they do which will affect workers who haven’t benefited. This leads to workers misbehaving.

 

[GIFTMICHAEL]

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?

You are very correct, this is part of encouragement and support to boost employees morale and productive. It will make them to work passionately and as a team.there is advantage to the company that does all that.