In recent years, with the frequent occurrence of labor conflicts, employee welfare has gradually evolved into one of the key issues for enterprises. Although employee welfare only accounts for a small part of the corporate budget, good employee welfare is an important factor for enterprises to retain and attract talents.
It is an important weight that can help companies improve employee happiness, reduce employee turnover rates, and achieve twice the result with half the effort.
1. Types of employee benefits Employee benefits can be divided into two types: national statutory benefits and enterprise independent benefits.
- National statutory welfare National statutory welfare is a kind of mandatory welfare that the state requires enterprises to provide. It mainly includes: social insurance, statutory holidays, and housing provident fund.
At present, most enterprises provide statutory benefits to employees to varying degrees, among which pension insurance accounts for the largest proportion, followed by medical insurance, while the proportion of providing statutory housing provident funds and enjoying statutory holidays is slightly lower.
- Enterprise independent welfare Enterprise independent welfare is free from laws and regulations. The selective welfare provided by the enterprise to employees according to its own conditions will be affected by factors such as the enterprise's operating conditions, management mechanism, overall quality of employees, and managers' management concepts.
Influence.
The employee welfare policies of each enterprise are closely related to the actual situation of the enterprise and are different from each other.
2. The form of employee benefits - monetary form: mainly concentrated in housing, transportation, communications, meals, etc. Some companies also provide holiday subsidies for employees.
- In-kind benefits: such as cultural and sports facilities, free working meals, birthday and holiday gifts, free employee dormitories and other physical benefits.
- Service forms: mainly tourism, physical examination, consulting services (psychological and legal consultation), training and academic education, etc.
3. Implementation of employee benefits - Subsidy category: lunch subsidy, communication subsidy, housing subsidy, travel allowance, corporate annuity, etc. - Health category: employee physical examination, commercial supplementary insurance, physical examination of immediate family members, supplementary insurance for immediate family members, EAP, etc. - Gift category
: Annual gifts, anniversary gifts, event gifts, etc. - Activities: dinner breaks, family days, team building, holiday activities, etc. - Training: employee incentives, promotion and training, value-added training, expatriate opportunities, etc. Corporate employee benefits are available
It enables enterprises to stand out in the talent competition and reduce turnover rates, thereby reducing human resource costs and promoting the enhancement of the enterprise's core competitiveness.
The more user-friendly welfare management is, the more it can improve employee satisfaction, increase employee cohesion, and ultimately achieve the company's core goals of revenue generation and growth.