Creating a Culture of Well-Being: Innovative Employee Benefits and Compensation Ideas

Hiring the most talented and competent employees and retaining them at an organization is a top priority for any organization’s human resource (HR) department 

One of the essential methods in an HR professional’s arsenal to attract top talent is giving a compensation package that workers find difficult to refuse. As per the Society for Human Resource Management, 63% of U.S. employees said compensation and benefits are essential, second only to respectful treatment when determining job satisfaction.

Benefits and compensation are essential aspects of an employee’s satisfaction at an organization, as they directly impact an employee’s motivation and performance to work

Therefore, an HR department must ensure the compensation and advantages offered to their workers are attractive enough to keep their morale high. Doing so will ensure that employees know that the organization values them and wants to acknowledge their work. Humans, after all, are the most critical asset for a company.

Source Link:- https://medium.com/@vega-hr/creating-a-culture-of-well-being-innovative-employee-benefits-and-compensation-ideas-60eb35ef5fac