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Employee perks are benefits that companies offer to their employees. These can include things like health insurance, free gym memberships, and transportation allowances. Employees often appreciate these perks because they help to make their lives easier. In some cases, perks can also help to attract and retain employees.
Why companies in Philippines offer work perks?
There are a few reasons why companies in the Philippines offer work perks. One reason is to attract and retain employees. Work perks can include things like paid time off, health insurance, and transportation allowances. Offering these benefits can help a company attract and keep good employees. Another reason for offering work perks is to improve employee morale. When employees are happy and have a good work-life balance, they are more productive and more likely to stay with the company.
What are the top employee perks’ offered in Philippines?
In the Philippines, top employee perks typically revolve around wellness programs. This is because Filipinos place a high value on taking care of their health and well-being. As such, many companies offer perks like gym memberships, free or discounted health check-ups, and even yoga classes. Some companies also offer mental health benefits, such as counseling services and stress management programs. Other popular perks include flexible work schedules, transportation allowances, and lunch allowances.
Top employee benefits providers in Philippines
Cebuana Lhuillier is one of the top employee benefits providers in the Philippines. The company offers a variety of perks and benefits, including health insurance, retirement plans, and other financial assistance programs.
Health Maintenance Organizations are a popular type of employee benefits provider in Philippines. HMOs offer a wide range of health-related services and coverage, making them a top choice for businesses looking to provide their employees with comprehensive health coverage.
Cost of Employee Perks in Philippines
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 Philippines is relatively low. The most popular perk is transportation allowance, which costs an average of $50 per month. This allowance can be used to cover the cost of commuting to and from work. Other popular perks include health insurance and paid time off. The cost of these benefits varies depending on the company, but they are typically very affordable for employees.
MantraCare is one of the most cost-effective employee benefits provider with plans starting at $3 per employee.