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Many employers offer their employees perks. These can include health insurance, a retirement plan, paid vacation days, and more. Some employers also offer employee discounts on products and services. Employee perks help to attract and retain employees. They can also improve morale and increase job satisfaction.
Why companies in Saudi Arabia offer work perks?
There are several reasons why companies in Saudi Arabia offer work perks. One of the most important reasons is to attract and retain employees. By offering perks like free housing, transportation, and healthcare, companies can make sure that their employees are happy and will stay with the company for a long time. Additionally, work perks can help improve employee productivity and morale. When employees feel like they are being taken care of by their employer, they are more likely to be motivated to do their best work.
What are the top employee perks’ offered in Saudi Arabia?
In Saudi Arabia, top employee perks usually include wellness programs. This is because Saudia Arabia has a very high rate of obesity, and many employers want to encourage their employees to stay healthy. Wellness programs include gym memberships, health insurance discounts, and even on-site health clinics. Other popular perks in Saudi Arabia include transportation allowances and housing allowances. These perks help to attract and retain top talent in Saudi Arabia.
Top employee benefits providers in Saudi Arabia
MantraCare is a leading provider of employee benefits provider in Saudi Arabia. They offer multiple perks for employees such as EAP, Stepathlon, Corporate Yoga, Physical therapy, chronic condition reversal (for Diabetes & Hypertension), meditation, work counseling & more.
Al Hilal Takaful is a Sharia-compliant insurance company that offers a wide range of employee benefits, including health, life, and travel insurance.
MedGulf is a leading provider of health, life, and disability insurance in Saudi Arabia.
Cost of Employee Perks in Saudi Arabia
The cost of an Employee perks will vary depending on the provider, the size of the company, and the services offered.
Employee perks are becoming increasingly popular in Saudi Arabia. The average cost of employee perks is SAR 1,500 per month. The most popular employee perks include health insurance, transportation allowances, and housing allowances. Other popular perks include paid time off, bonuses, and educational benefits.
MantraCare is one of the most cost-effective employee benefits provider with plans starting at $3 per employee.