Employee benefits. How important are they to staff?

[Ibrahim1]

As for me if you want your company or business to grow very well and make your workers more active except there salary you really need to give them benefits so that they can believe in your company and work more than the kind of job or post been given them

 

[Donkiz]

It's very important for an organization to boost the morale of its workforce, because it helps them to be productive which affects the company's balance sheet positively. One of the best ways to boost your employees morale is through increase in salaries and benefits. I don't see any disadvantage in doing this, unless the company didn't do their homework well and went overboard with the package they give to the workers, but if the benefits are within the company's financial strength, then there's nothing to worry about.

 

[Damismiling]

Any business that fails to recognize and appreciate her employee might be suffering from maximum productivity from the staff, it is important to note that the welfare of the staff increase their productivity in that firm as well

 

[Erik4150]

I don't think there are any disadvantages in employee benefits. Like you said it is there to help motivate the employees. It makes them value their jobs because not many jobs come with such benefits. Employee benefits are good and companies should use it if they can.

 

[Marfav]

Employee advantages are vital in each association however a few associations in some countries don't have such bundles. The Human asset office is accountable for viable dispersal of advantages just as projects that improve the abilities, gifts, proficient and scholarly way of life of the employees the advantages fill in as an inspiration to laborers too.

 

[Abu4exel]

Employees benefit is so important to the staff on numerous ground. The production incentives and medical benefit and others help staff a lot to cope with some charges which they might have use there money to pay and if they don't get all those benefits,it might affect them on how to share their salary.

 

[flowreal]

Employee benefit is very important to staff because this gives the staff more more motivation to work, which helps the productivity of the organisation. The staff will always have it mind that their employer have them at heart.

 

[Ralphjoe]

Additional benefits to employees is a very good thing for all employees as it will motivate them to put in all their best into the organization. We all can't deny the fact that money is the reason everyone is still working now.

 

[Pattertwig21]

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?

Boosting employee morale goes a long way and if the company has the capacity to go out and give them something like additional bonuses aside from the mandatory benefits, it would hurt to care for them. And the more they are satisfied with the compensation the more likely they will do more for the company that takes care of them. I believe in it.

 

[Tariq Shehzad]

These can incorporate paid excursion life and handicap protection (in certain states, transient inability leave is required), retirement investment funds plans, training help, wellbeing projects, and youngster care help. From the worker's point of view, fundamental advantages can be significant.

 

[Asad Ali]

The benefits of your employees can improve the results of your business by engaging employees in welfare programs like Virgin Pulse. Healthier workers reduce the organization's healthcare costs. Staff with lower health risks are less sick days, less visiting the doctor, more time in your company, helping to bring their best work each day.

 

[EMMANUEL]

Absolutely, all of this review written down could be actualized when associate with the right company that has the interest of the staff at heart, reasons is that there some company that they liable to do that will resist that kind of benefit from some of their staff due to some of the supervisor self act, some might even go the extra mile by not even approving your required information, but I believe all this benefit can be true when you associate yourself with good company.

 

[Tinaconcept]

Employees benefit makes them feel loved. When an employer makes sure that the benefits of his employees are well taken care of is a good source of motivation for the staff and it makes them feel comfortable and feel at home at work place knowing that there health is covered

 

[shakky2]

all these benefits are things that employees should be entitled to because the employers cannot sustain themselves or their business without them.it all depends on whether the employers are capable of offering these benefits or not and if it's the case they are not, it's not a problem

 

[Obasuyi Charles]

Employee benefits are necessary to all staff as it would increase their motivation towards meeting and surpassing deadlines. It is an enticing way to uplift the morale of your staff. I would advise any business man to strive in giving the benefits when the need arises.

So many researches have be conducted on the impact of staff welfare onnthe productivity of the organization, it was observed that it is only when employee enjoy their work that can make them put in their best

 

[Victor001]

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?

With the little experience i gained from working in manufacturing industry, i realized that providing incentives for your employees does not only stimulate them but improve and impact the outcome of the work.

 

[Succjay]

I think when you give your employees extra benefits outside their salaries, it stands as a motivator for them to do more,add more productivity and workforce thereby promoting your company and also don't do more than what you can afford so that it won't affect your profit much

 

[Marissa]

It is really important because other than salary it gives them a good reward. Somtimes salaries alone are never enough to motivate them and you need more. Have an employee benefit system to reward your staffs is the best possible thing.

 

[Yewande]

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?

Bonuses and benefit are ways to show that the company value their staff and do not see them as machine who works and gets fuels in form of cash. Bonuses is a way to show that the effort you put in Your work is well appreciated and this make staff go out of their limit to do better work for the company.

 

[kayode10]

It is very important for a business owner to put employment benefits on ground you know how to motivate to motivate the workers but it shouldn't be too much so that they will not just get relaxed. employment benefits makes it easy for workers to stay loyal to the company for a long period of time. Is that the reason why it is very good to adopt employment benefits in the company's package.