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Employee Benefits


When employees feel their benefits needs are satisfied, they’re more productive. And this can only be good for a business. Employee benefits are usually optional, non-wage compensation provided to employees in addition to their normal wages or salaries. This is to ensure employees are treated fine, and are happy. They may include group insurance (health, dental, vision, life etc.), disability income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation (paid and non-paid), funding of education, as well as flexible and alternative work arrangements. It makes for better business management. Advantages of Employee Benefits There are advantages in offering employee benefits to the both parties involved (employer and employee). Advantages for employers: It ...