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Glossary of Human Resources Management and Employee Benefit Terms
Companies use various methods to inform employees about available offers:
Special discounts, promotions, or exclusive deals extended to employees by their employer or partnering businesses.
Companies offer a diverse range of benefits and perks to attract and retain talent. Some of the most common types of employee offers include:
Companies use various methods to inform employees about available offers:
The process for redeeming or using employee offers varies depending on the specific benefit or perk:
Employee offers, benefits, or perks can vary from company to company. In many cases, the benefits offered by a company are exclusive to its employees and may include things like health insurance, retirement plans, employee discounts, and other workplace perks.
Some companies may have partnerships with other businesses or organizations to provide exclusive discounts or special offers to their employees. These partnerships could include discounts on products or services, access to events, or other perks that are only available to employees of that specific company.
Some offers are exclusive to the company's employees, while others might be extended to their families or dependents. The level of exclusivity depends on the specific offer and the company's policies.
Most employee offers have certain restrictions or limitations:
Understanding the terms and conditions of each offer is crucial for employees to maximize their benefits and avoid any potential issues or misunderstandings.
These are short surveys that can be sent frequently to check what your employees think about an issue quickly. The survey comprises fewer questions (not more than 10) to get the information quickly. These can be administered at regular intervals (monthly/weekly/quarterly).
Having periodic, hour-long meetings for an informal chat with every team member is an excellent way to get a true sense of what’s happening with them. Since it is a safe and private conversation, it helps you get better details about an issue.
eNPS (employee Net Promoter score) is one of the simplest yet effective ways to assess your employee's opinion of your company. It includes one intriguing question that gauges loyalty. An example of eNPS questions include: How likely are you to recommend our company to others? Employees respond to the eNPS survey on a scale of 1-10, where 10 denotes they are ‘highly likely’ to recommend the company and 1 signifies they are ‘highly unlikely’ to recommend it.
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