A complete guide on employee benefits & perks in Brazil

What are Employee Benefits?

Employee benefits are any type of perk or advantage that an employee receives as part of their job. Common examples of employee benefits include health insurance, dental insurance, vision insurance, paid time off, and retirement savings plans. Some companies also offer perks like free food or transportation, gym memberships, or child care assistance. Employee benefits help attract and retain top talent, and they can also improve employee satisfaction and productivity.

Why companies in Brazil offer employee benefits?

There are several reasons why companies in Brazil offer employee benefits. Perhaps the most important reason is to attract and retain employees. In a country with high unemployment, offering employee benefits can be a major selling point for a company. Benefits can also help to improve employee morale and motivation and can lead to increased productivity. Finally, employee benefits are often mandated by law, so companies must offer them in order to comply with the law.

What are the top employee benefits offered in Brazil?

In Brazil, top employee benefits typically include wellness programs. These programs can help employees maintain their health and well-being, and can also contribute to a healthier workplace overall. Some of the most popular wellness programs in Brazil include fitness classes, health screenings, and counseling services. Other top benefits that are often offered to employees in Brazil include flexible working hours, transportation assistance, and childcare assistance. These benefits can help to attract and retain top talent in the Brazilian workforce.

Top employee benefits providers in Brazil

MantraCare is a leading provider of employee benefits provider in Brazil. 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.

Previdência Própria is one of the largest employee benefits providers in Brazil. They offer a wide range of employee benefits, including health insurance, retirement plans, and more.

Bem-Estar Empresarial is an employee benefits provider that offers a wide range of services and products, including health insurance, dental insurance, life insurance, and more.

Cost of Employee benefits program in Brazil

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

In Brazil, the average cost of an employee benefits program is 1,500 BRL per month. This includes things like health insurance, transportation benefits, and food allowances. Employees also receive an additional 10 days of paid vacation per year, and 5 days of paid sick leave. Brazilian law requires that companies provide these benefits to their employees, so it is important to factor them into your budget when setting up a business in Brazil.

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

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