A look at the importance of benefits to employees, which are over and above their salaries; and how this impacts employee motivation.
This paper examines the full range of benefits ” in addition to direct compensation ” that employers provide today and determines which benefits are the most valued. It shows how different benefits are more important to different people and how the employer needs to find a balance as to what is good for the company and what will satisfy the employee.
“However, money at least directly, in terms of one’s salary, is certainly not the only form of compensation that an employer can provide and as one’s experience grows in the work force one is more and more likely to appreciate these other forms of compensation, which can include 401k plans, health benefits, support for continuing education, on-site child-care, flextime and company time permitted for volunteer work.”