Companies today face a big challenge. Employees want more than just a paycheck. They need benefits that match their lifestyles. A one-size-fits-all approach no longer works. Flexi-benefit plans are gaining popularity. Businesses in retail, financial services, IT, manufacturing and many other domains are all adopting them. These plans give companies and their HR the power…
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How HR Can Use Flexi Benefit Plans to Enhance Employee Retention
Employee retention has become a challenge for modern businesses. One effective way is offering a flexi benefit plan for employees. Employees today want customized benefits that align with their personal and financial goals. Another factor affecting retention is the financial well-being of employees. Employers who provide flexi benefits make a difference. Smart tax planning for…
5 Reasons Why Companies Are Switching to Flexi-Benefits
The trend of keeping employees satisfied and engaged in their work has become more crucial than ever. Leaders in human resource management are seeking new ways to improve satisfaction levels in workplaces across the globe. The one popular trend being embraced by companies is offering employees flexi-benefits. Flexi-benefits are customizable plans that allow HR to…
Multi-Wallet Cards: The Secret to Retaining Top Talent
In today’s challenging business environment, companies that can retain their top talent gain a competitive edge. With professionals changing their jobs frequently becoming a norm, employers need to prioritize employee experience. According to a Moneycontrol report, 15-18 months is now the new long-term for individuals. Earlier, staying in an organization for over 5 years was…
Navigating Employee Flexi-Benefits: Do’s And Don’ts
Employers across industries are experiencing a shortage of skilled resources. A Manpower Group report disclosed that a whopping 75% of the companies are finding it difficult to fill roles. This talent scarcity is both industry- and company-size-agnostic. Interestingly, India is one of the leading countries where employers (81%) are finding it difficult to find the…
How Employee Meal Card Benefits A Company’s Culture
Employee engagement is a top priority for companies given their role in changing the fortunes of their business. A whopping 88% of employers claim that employee happiness is essential to company success, as per Deloitte’s survey. Companies are in fact prioritizing the physical and mental wellness of their workforce. Although the companies are fully aware…
Zaggle Multi Wallet Card: Your Key to Employee Tax Savings
Indians work an average of 47.7 hours every week, as per a report by the Indian Labour Organization (ILO). It typically comes down to over 9 hours per day considering a 5-day workweek. Given the time they spend at work, the onus falls on the employers to ensure workplace happiness for better productivity. Employees who…
Union Budget 2024: 7 Top Tax-Saving Tips For Salaried Professionals
Indian Finance Minister Nirmala Sitharaman has presented the Union Budget 2024 amidst big expectations and hopes. Experts are touting the financial bill as a ‘holistic growth engine’. The Budget 2024 highlights the government’s focus on the startup industry, skill development, and women empowerment. For salaried professionals, it brings a major relief as the budget announces…
10 Salaried Employee Tax Saving Tips That An HR Must Know For CTC Planning
Most companies underestimate the role of CTC planning in providing tax savings options for salaried employees. The responsibility is on HR leaders to devise a salary structure that helps individuals leverage maximum tax benefits. It will not only improve your employee experience but also help you establish a standardized compensation process. If you are an…
