Typically indirect, non-cash incentives given to employees. May be mandated by law, for example, state benefits, unemployment, and workers compensation. Will vary from business to business or industry to industry. Typical examples are health insurance, life insurance, medical plan, paid holiday and pension.
Work-life balance and flexibility rank highly. For more, read “The Most Desirable Employee Benefits.”
Credit: HBR: The Benefits Employees Want Don't Always Cost a Lot
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