A complete guide on Work perks in Bangladesh

What are Employee perks?

Employee perks are benefits that employers offer to their employees. They can include things like health insurance, retirement plans, paid vacation days, and more. Perks can help attract and retain employees, and they can also improve employee morale and productivity. When choosing which perks to offer, employers should consider what would be most valuable to their employees and what would fit within their budget.

Why companies in Bangladesh offer work perks?

There are several reasons why companies in Bangladesh offer work perks. The first reason is to attract and retain employees. By offering perks such as flexible work hours, on-site childcare, and transportation assistance, companies can make their workplace more attractive to potential employees. Additionally, work perks can help improve employee morale and motivation. When employees feel appreciated and supported by their employer, they are more likely to be productive and engaged in their work. Finally, work perks can also help build a positive company culture. By offering perks that promote employee wellness and satisfaction, companies can create a positive environment that employees will want to be a part of.

What are the top employee perks’ offered in Bangladesh?

In Bangladesh, top employee perks typically include wellness programs. Many employers offer on-site gyms and health club memberships as a way to promote healthy lifestyles for their employees. Other popular perks include transportation benefits, flexible work schedules, and childcare assistance. Employers may also offer free or discounted meals at on-site cafeterias, as well as personal development and education opportunities. By offering these types of perks, employers can attract and retain top talent in Bangladesh.

Top employee benefits providers in Bangladesh

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

Aon is one of the largest employee benefits providers in Bangladesh. The company offers a wide range of services including health insurance, retirement planning, and investment advice.

Pragati Life Insurance is one of the leading life insurance companies in Bangladesh. It offers a wide range of products and services including health insurance, education plans, retirement planning, and more.

Cost of Employee Perks in Bangladesh

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

In Bangladesh, the average cost of employee perks is $1,200 per year. This includes costs such as travel and transportation, health insurance, and other benefits. The total cost of these benefits can add up quickly, so it’s important for employers to be aware of the potential expense. By offering perks to employees, businesses can attract and retain talent. However, they need to ensure that they are able to afford the associated costs.

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

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