A complete guide on Work perks in Israel

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Employee perks are anything that makes the job more enjoyable or easier. They can be things like free food or drinks, gym memberships, flexible hours, or paid time off. Many companies offer employee perks to attract and retain talent. Some employees even place a higher value on perks than on salary.

Why companies in Israel offer work perks?

There are several reasons why companies in Israel offer work perks. First, it helps to attract and retain employees. Second, it boosts morale and motivation. Third, it can improve productivity. And fourth, it can reduce stress levels. Work perks can include anything from flexible hours and remote working to free food and gym memberships. By offering these benefits, companies in Israel are able to attract and retain the best talent, boost morale and motivation, improve productivity, and reduce stress levels.

What are the top employee perks’ offered in Israel?

There are a number of top employee perks that are offered in Israel. One of the most popular is the offering of wellness programs. These programs include fitness classes, health screenings, and even nutrition counseling. Other top employee perks that are offered in Israel include flexible work arrangements, transportation subsidies, and tuition reimbursement. By offering these types of perks, employers in Israel are able to attract and retain top talent.

Top employee benefits providers in Israel

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

Payscale provides a comprehensive benefits package for businesses of all sizes, including health insurance, dental and vision coverage, life insurance, and more.

Blue & White Life Insurance is one of the leading employee benefits providers in Israel. They offer a wide range of services, including health insurance, life insurance, and retirement planning.

Cost of Employee Perks in Israel

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

The average cost of employee perks in Israel is about $1,200 per year. This includes things like paid vacation days, health insurance, and other benefits. For companies with 50 or more employees, the cost is even higher. In addition to these costs, employers also have to pay for training and development programs for their employees.

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

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