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Employee perks are any benefits or extra services that are given to employees in addition to their regular salary and benefits. These can be things like free or discounted products or services, flexible work hours, company-sponsored events, and more. Perks can be a great way to show your employees that you appreciate their hard work and dedication. They can also help to attract and retain top talent. When designing your employee perk program, be sure to consider what will be most valuable to your team and what will align with your company culture.
What are the benefits of Work perks?
There are a number of reasons why companies in the USA offer work perks. One of the most important reasons is to attract and retain top talent. With the competition for top talent becoming increasingly fierce, offering work perks is one way to set a company apart from its competitors and make it more attractive to prospective employees.
Another reason why companies offer work perks is to improve employee morale and motivation. When employees feel appreciated and valued, they are more likely to be engaged and productive. Work perks can also help to create a positive work environment, which can further boost employee morale.
Finally, work perks can also help to improve a company’s bottom line. By investing in employee satisfaction and well-being, companies can reduce turnover and absenteeism, as well as increase productivity. In turn, this can lead to increased profits and competitiveness.
What are the most common Work perks?
There are a lot of great perks that employers in the USA offer to their employees, but some of the best ones have to do with wellness. Offering wellness programs is a great way to show employees that you care about their health and well-being. It can also help improve productivity and morale in the workplace.
One of the best things about wellness programs is that they can be tailored to fit the needs of each individual employee. Some programs may focus on physical activity, while others may include educational components or stress management techniques. Whatever the focus, these programs can make a big difference in the health and happiness of your employees.
Another great perk that many employers offer is flexible work hours. This can be a huge relief for employees who have busy schedules outside of work or who need to care for family members. Having the ability to adjust your work schedule to fit your life can make a big difference in your overall satisfaction with your job.
Finally, another great perk that employers often offer is the ability to telecommute. This is a great option for employees who live in remote areas or who have difficulty getting to and from work. Telecommuting can also help reducestress levels and increase productivity.
What is the Cost for Employee Perks Package?
The cost of an Employee perks will depend on the provider, company size, and services offered.
The average cost of employee perks in the USA is $2,807 annually. The most common types of perks are health insurance, retirement savings plans, and vacation days. The least common types of perks are 401K matching contributions and tuition reimbursement.
MantraCare is a cost-effective employee perks solution provider that offers plans starting at $3 per employee.
Who are the top employee perks providers in USA?
Aetna is one of the largest health insurance providers in the United States. It offers a range of employee benefits, including health insurance, life insurance, disability insurance, and retirement plans.
Cigna is another large healthcare provider in the USA. They offer a wide range of benefits, including medical, dental, vision, and life insurance. Cigna also offers a variety of retirement plans and employer-sponsored retirement savings programs.
MantraCare is the top Employee perks vendor in USA. They not only provide excellent employee benefits in USA, but they also offer extra perks like EAP, Stepathlon, Corporate Yoga, Physical therapy, and chronic condition reversal (for Diabetes & Hypertension), meditation, work counseling & more.
MantraCare offers Employee Perks in all major cities in USA
- New York
- Los Angeles
- Chicago
- Houston
- Phoenix
- San Antonio
- San Diego
- Dallas
- Austin
- San Francisco
- Indianapolis
- Columbus
If you are a company in USA, looking to implement a work perks program, talk to employee perks experts at Mantracare: Schedule a Call >