Employee benefits are non-wage compensation provided to employees in addition to their regular salaries or wages. Examples of employee benefits include health insurance, retirement plans, paid time off, disability insurance, and life insurance. Some companies may also offer employee assistance programs, which provide counseling and other services to help employees with personal or work-related problems, as well as perks such as free gym memberships or transportation subsidies. The purpose of employee benefits is to attract and retain talented employees, as well as to improve their overall well-being.
Check our blogs
Finances
7 Costs of a Startup's First International Hire
Seven payroll costs of a startup's first international hire: misclassification, host social, entity vs EOR, PE risk, remittance friction, mandatory benefits, and waiting for the data room.
Finances
Recognition Without Borders: Building Stronger Global Teams of Contractors and Employees
Physical recognition (pins, coins, medals, patches, lanyards) can build belonging across a multi-country contractor and employee roster when the payment rail is the only regular touchpoint.
Finances
7 Mistakes SaaS Companies Make Paying Global Support and Engineering Contractors
Seven payroll mistakes SaaS companies make with global support and engineering contractors: forever-contractor core seats, USDC-as-classification, ignored PE, underpriced host social, no 90-day convert, personal wallets, waiting for the audit.
