Employees' Benefit Package

Employee Benefit Package

Employees' Benefit Package

How Would you Handle the Selection of the Employees' Benefit Package?

Selection of Employee's Benefit Package

With high inflation rate and soaring prices of everything around us, attractive Employees Benefit Package play a vital role for the employees in making the right selection of a job. An employee compensation package consists of two components one is the fixed income in the form of basic salary and other is the deferred income in the form of employees benefits. At times the percentage of the basic salary is lower than that of the latter nevertheless the overall compensation package can still be very attractive.

There are numerous benefits that an employer can offer to its employees. Most common ones are the medical or health insurance, retirement plan, tuition fees and paid time-off. Previously, almost in every organization there used to be one package...
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