Gone are the days when drinking copious amounts of coffee was the only antidote to fatigue and afternoon slump. Nowadays, it’s common to see employees swapping coffee breaks with yoga sessions, donning their running shoes for a quick jog, or even dialing into their mental health apps for a quick check-in with their counselors. This Read more…
In 1978, an unlikely combination of tax reform legislation and a desire to save on medical costs gave rise to the Flexible Spending Account (FSA), a key employee fringe benefit still commonly used today. For most individuals with employer-funded health plans, a flexible spending account is a flexible spending arrangement where employees enjoy pre-tax savings Read more…
Today’s job market is fiercely competitive. Attracting and retaining talent has never been more challenging. Be it the result of the Covid-19 pandemic or the ‘Great Resignation’ trend, top talent know their worth and require more than just a competitive salary. They seek meaningful perks that go beyond the standard paycheck. This is where employee Read more…
There was a time when hefty paychecks alone were the ideal talent magnets to attract, retain, and motivate in-demand industry professionals. However, the job landscape has changed dramatically, and fringe benefits such as employee perks are becoming an increasingly non-negotiable part of the overall employee work experience. These perks keep employees happy, helping you build Read more…
In today’s competitive business landscape, many companies realize that workplace culture can no longer be treated as an afterthought. Each year, unhappy workers cost US companies much more than a bit of pocket change – a staggering $450 to $550 billion in loss of productivity, according to a Gallup report. Recognizing that a more motivated Read more…
