A complete guide on employee benefits & perks in Argentina

What are Employee Benefits?

Employee benefits are extras that an employer provides to their employees, in addition to their salary. Common employee benefits include health insurance, dental insurance, and a retirement savings plan. Some employers also offer child care benefits, tuition reimbursement, and paid time off.Employee benefits help attract and retain good employees. They also help employees feel more secure and valued by their employer.

Why companies in Argentina offer employee benefits?

There are a number of reasons why companies in Argentina offer employee benefits. The first is to attract and retain good employees. By offering benefits such as health insurance, paid vacation days, and other perks, companies can make their jobs more attractive to prospective workers. This can help them fill vacant positions more quickly and ensure that they have a pool of qualified candidates to choose from when they do have openings.
Another reason why companies offer employee benefits is to boost morale and motivation. When employees feel like their employer cares about their well-being and is willing to invest in them, they are more likely to be engaged with their work and motivated to do their best. This can lead to improved productivity and performance, which can benefit the company in a number of ways.

Finally, employee benefits can also help to create a positive work-life balance for employees. By offering things like flexible work hours or telecommuting options, companies can make it easier for employees to manage their work and personal responsibilities. This can lead to happier, more satisfied employees who are less likely to experience burnout or leave their jobs.

What are the top employee benefits offered in Argentina?

Argentina is no exception when it comes to offering top-notch employee benefits. In fact, some of the best wellness programs in the world can be found in this South American country. Here are just a few of the top employee benefits offered in Argentina:
1. On-site fitness centers: Many companies in Argentina offer on-site fitness centers for their employees. This is a great benefit for employees who want to stay fit and healthy, but don’t have the time or resources to do so on their own.

2. Gym memberships: Another popular employee benefit in Argentina is gym memberships. This benefit allows employees to use the facilities at a discounted rate, which can save them money on their monthly gym bill.

3. Health club discounts: In addition to gym memberships, many companies in Argentina also offer health club discounts. This benefit can save employees money on their monthly health club fees, and is a great way to encourage them to stay fit and healthy.

4. Wellness programs: Many companies in Argentina offer wellness programs as an employee benefit. These programs can include anything from health and fitness classes to stress management seminars.

5. Employee assistance programs: Employee assistance programs are another popular employee benefit in Argentina. These programs provide employees with access to counseling and other resources that can help them deal with personal or work-related issues.

Top employee benefits providers in Argentina

MantraCare is a leading provider of employee benefits provider in Argentina. They offer multiple employee benefits programs for employees such as EAP, Corporate Yoga, Physical therapy, chronic condition reversal (for Diabetes & Hypertension), meditation, work counseling & more.

Primavera is one of the leading employee benefits providers in Argentina. They offer a wide range of products and services, including health insurance, retirement planning, and employee assistance programs.

AFIP is the Argentine equivalent of the IRS, and they offer a wide range of employee benefits packages that can be tailored to meet the specific needs of your company.

Cost of Employee benefits program in Argentina

The cost of an Employee benefits will vary depending on the provider, the size of the company, and the services offered.

Employee benefits programs can be costly for employers, but they may be worth the investment. In Argentina, the average cost of an employee benefits program is about $1,400 per year. This includes costs such as health insurance, retirement savings plans, and other perks. While this may seem like a lot, it’s important to remember that employee benefits programs can help attract and retain top talent. They can also improve employee morale and productivity.

MantraCare is one of the most cost-effective employee benefits provider with plans starting at $3 per employee.

Try MantraCare Wellness Program free