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Employee perks are benefits that employers offer to their employees. These can include things like health insurance, paid vacation days, and retirement savings plans. Perks can help attract and retain good employees. They can also improve employee morale and motivation.
Why companies in India offer work perks?
There are many reasons why companies in India offer work perks. One of the most important reasons is to attract and retain top talent. By offering perks like flexible work hours, telecommuting, and on-site child care, companies in India are able to attract and retain the best employees. Additionally, work perks can help improve employee morale and motivation. When employees feel appreciated and supported, they are more likely to be productive and engaged in their work.
What are the top employee perks’ offered in India?
In India, top employee perks typically include wellness programs, transportation benefits, and housing allowances. Some companies also offer free or discounted gym memberships, access to on-site childcare, and flexible work schedules. India is a rapidly growing economy, and as such, many businesses are competing for top talent. As a result, employee perks are becoming increasingly generous.
One of the most popular employee perks in India is a wellness program. These programs help employees stay healthy and productive. Many companies offer free or discounted gym memberships, on-site childcare, and flexible work schedules. Other popular perks include transportation benefits and housing allowances.
Top employee benefits providers in India
Aon is a leading global provider of risk management, insurance and reinsurance brokerage, and human resources consulting and outsourcing solutions. They have a strong presence in India and are well-equipped to provide top-notch employee benefits solutions.
Mercer is a global leader in human resource consulting and related services. They have a strong focus on employee benefits and can help your company design and implement the perfect perks package for your team.
Cost of Employee Perks in India
The cost of an Employee perks will vary depending on the provider, the size of the company, and the services offered.
The cost of employee perks in India can vary depending on the company. However, the average cost of employee perks in India is between Rs. 500 and Rs. 1,000 per month. This includes benefits such as health insurance, transportation, and food. The cost of employee perks in India is lower than the cost of employee perks in other countries.
MantraCare is one of the most cost-effective employee benefits provider with plans starting at $3 per employee.