Employee benefits. How important are they to staff?

[Briangsam]

Employees need to feel important and integral to a business. They need to feel the respect, love, trust and appreciation from their boss; hence the need for employee benefits. With this, they get extra motivated and loyal. You have to be sure they don't feel entitled though.

 

[Dowenship]

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?

There are benefit to employee like holidays or breaks or some people called it leave. either maternity leave our annual leaves etc.
Quote of the day:
Work and pray as been the phrase to encourage people for years! and that be said is true! Always work and pray

 

[Chibson]

Employee benefits are very important to any business especially the big businesses. It motivates you work as to putting all their effort in their work because they are really getting paid and treated well for their job well done. Employee benefit also bring out the best in workers. Employee benefits is very important to any business.

 

[Heatman]

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?

These are called job or work motivation for the employees because they are will literally do just about anything for the job once their work benefits are mouthwatering. When you treat your employees well like a human being, and not slaves, they will do anything within their power to make your business grow.

 

[akinlolu99]

There must be preferences in workers getting profits by their bosses or rather the points of interest far exceeds the weaknesses. Additional advantages spurs the representatives and expands their efficiency. It gives the representatives a feeling of unwaveringness to the business association. Offering advantages to your representatives is significant on the grounds that it shows them you are put resources into their general wellbeing, however their future. A strong representative advantages bundle can assist with drawing in and hold ability. Advantages can assist you with separating your business from rivals

 

[Mostee501]

Offering employee benefits to show appreciation is very good and it boost the morale of the employee and it motivates the employee to work better and working better means more productivity. If the income coming into the business is high and above expectations,no reason not to grant your employees benefits.

 

[Olaoluwa Abraham Abiodun]

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.

 

[Hasan Raza]

Worker benefits are important to all staff as it would expand their inspiration towards complying with and outperforming time constraints. It is a tempting method to elevate the spirit of your staff. I would prompt any financial specialist to endeavor in giving the advantages when the need emerges.

 

[Georgeadawara1]

It depends on the job you are doing their best just that the hardest you work that is how your payment will be.
Sometimes your can be employed to work with a company you may work for several years but you didn't have any benefit of being they're at all sometimes may be the company may not pay you a good amount of money.

 

[Atiqurrehman]

Employee benefits are defined as indirect, non-cash, or cash compensation paid to employees above and above regular pay or wages. ... These benefits include health insurance, life insurance, paid leave, proper work schedules and workplace facilities such as breakfast and lunch on site.

 

[Jlife]

It is very important for an organisation to organise such system because its will improve the workforce of a particular organisation and it's always something of a great happiness when an employee is a very convinced that the organisation they are working for is caring for them.

 

[Veetos12]

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?

It is not a bad idea for an employer to cater for the welfare of his or her employees so as to encourage them to give their best performance to the company. On the other hand, employee are also expected to at least compensate the employer by working diligently for the progress of the company.

 

[Popular]

The are very important to some organization because the benefits given to the staff give room for competition between the staff and you will get their best in the organization.

 

[Waqas wajid]

I think the advantage of working in a business is that you do your job well. Some workers are trained and some workers have new answers. They need to be tweaked. This is not the way to become profitable for any business. It is not going to be profitable. It depends on the timing of the work.

 

[Ezydan]

Organization that have benefit for their employees terms to grow fast in business. Employees benefit are very important, it boost the work force and productively of the employees. The employer usually gain more

 

[Oliver 20]

Offering benefits to your employees is significant on the grounds that it shows them you are put resources into their general wellbeing, however their future. A strong employees benefits bundle can assist with pulling in and hold ability. Benefits can assist you with separating your business from rivals.

 

[Salman]

Social Security and Medicare Taxes. Regardless of the size of the business, every employer in the U.S. is required to match their employees' social security and Medicare tax contributions. ...
Unemployment Insurance. ...
Workers Compensation. ...
Disability Insurance. ...
Family Medical Leave.
Health Insurance.

 

[Adventurer]

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?

For me I see only Pros of Employees benefits and no cons, the welfare of an employee is very important and it helps with their productivity and commitment to the organization. If the company can afford to give extra perks then why not?

 

[unhappy triad]

If your company makes just enough to give bonuses and stipends to workers. It is great. I am sure all staff would like it as it will foster more productivity. As an encouragement that your efforts are being noticed and your results are being rewarded. Way to go man

 

[Adetayo100]

Employees benefit are very important to staff in the sense that those benefits are used as extra source of income and they motivate the employee to work harder so as he or she can earn more benefits from the business.