Non-salary benefits will increase in value
In the current, difficult economic environment, several businesses are fighting for their lives, and employees are also more worried about their livelihood than before. In this situation, fringe benefits can be particularly effective in asserting the interests of employers and employees in the long term.
With fringe benefits, employees receive support to cover the costs of everyday life. Their financial security increases, so they are less stressed about finances. In addition, by increasing the range of benefits, the employer can increase the satisfaction of his employees and make his company a more attractive place to work. You can more easily retain your employees or acquire new ones. It is true that, according to research, due to the extreme inflation, the much higher salary has the greatest retaining power these days, but not everyone can give it to their employees – writes the Index.
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