Turnover is a huge factor in the corporate world. If a competitor offers a better package and compensation for a worker, he can not really blame workers for jumping the boat. And if you lose valuable associates, think about time and resources you need to fill in training new workforce.
So achieving an impressive turnover rate is extremely important for an organization, and that's when flexible benefits
Flexible supply platforms include a variety of things – employees are happy and work, saving tons of money that ultimately brings new staff and it does not help its competitors to get their best talent. At the same time, as an organization, you must set up a flexible supply system that is part of the budget constraints.
Let's look at some of the flexible supply platforms that are now popular among corporate employees.
Pay Victim Parking
This is a simple but highly effective system. In exchange for sacrificing part of the salary, the organization provides the guaranteed parking space close to the workplace. In some cases, the organization offers free parking tickets or parking tickets.
This is also very popular among employees. In this case, the organization provides the worker with certain vouchers, such as childcare products vouchers, supermarket vouchers or coffee coupons, which the employee can change. Since these vouchers are tax-free, both for the employee and for the employer
In this case, the organization offers benefits packages such as health benefits and insurance benefits in which the organization reimburses the worker to medical or insurance costs. This package provides security for your future and security for the employee and trusts you in your organization.
There are two ways to do this. For example, if you are an organization that produces products such as HP or Nike, you can give your employees discounts on their own products or partner with other organizations and offer their employees discounts on their products. In any case, this method is used to increase the employee's moral function through his own organization.
These are the often used flexible benefits of multinational organizations operating worldwide.