An average employer pays 30-40% of their employees’ wages as benefits. Your benefits, such as retirement income, compensation, and benefits, are the result of several factors. Generally speaking, you will get better benefits and broader coverage under the employer-sponsored benefit plan compared to individual plans. Managing employee expenses and tax benefits is a very complicated, tedious, and…
Month: September 2021
How To Boost Employee Productivity During The Pandemic?
One of the ineradicable effects of the pandemic is on the ways businesses operate. Remote working options are suddenly in the limelight with the employees starting to work from home almost overnight. With the traditional work structures being thrown out of the picture, there is a huge decline in the productivity of the businesses-arising due…
5 Steps To Build a Perfect Employee Severance Pay Plan
How many of you will agree if I say that a company with a bad reputation pays more per every employee hired? Infact, as per Harvard Business Review, an organization with a bad reputation pays $4,723 more per hire! Granting severance packages will uphold any company’s reputation. By doing this, your company is providing an…
