How startups can design benefits packages to retain employees

How startups can design benefits packages to retain employees

How startups can design benefits packages to retain employees false true Employees are the foundation of any startup. A founder comes up with the vision, but without employees contributing effectively towards reaching the assigned targets, the founder can never achieve overall success. Thus, it is essential for entrepreneurs to ensure they invest time, energy, and money in hiring the best talent. Having said that, a competitive salary is not enough to attract new talent or retain existing ones. Employee benefits form the base of employee value proposition, or EVP–the commitment employers make to their employees in return for their work and contributions to the company. “A comprehensive benefits package shows the employees that their employer cares about their well-being and motivates them to be more invested in the company,” says …
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