HR Glossary

Benefits (benefits package)

Table of contents

Definition of Benefits package

Benefits package includes everything other than basic pay an employee might get from an employer.

what is benefits package

Definition of Benefits package

Benefits package includes everything other than basic pay an employee might get from an employer. The main objective is to attract good employees, improve employees’ morale and to enhance the image of the company.

Benefits package usually includes:

  • medical insurance,
  • accidental insurance,
  • family member (dependents) insurance,
  • personal leave, paid leave, sick leave,
  • retirement plan,
  • child care, maternity leave,
  • hotel stays, allowances and incentives.

Extra benefits:

  • gym memberships,
  • fresh fruit, snacks and drinks,
  • free lunch,
  • massage appointments
  • counseling appointments.

Here is a cool infographic by Chetu showing top benefits employers use in 2019:

How_Will_Employers_Enhance_Benefits_in_2019

See TalentLyft in action

Applicant Tracking, Recruitment Marketing, Sourcing and Talent CRM software are powerful alone, but unstoppable when used together!

Related content

  • Balanced Scorecard

    Balanced scorecard is a strategic performance management tool which companies use to connect business activities to the vision and strategy of the companyBalanced scorecard definition (BSC)Balanced...

  • Business continuity planning

    Business continuity planning is the management process of creating systems of prevention and recovery.Business continuity planning definitionBusiness continuity planning (BCP) is a strategic process undertaken by...

  • Carve-Out

    Carve out is a term which refers to the elimination of coverage of a specific category of benefit services, most commonly medical services which are not...

  • Distance Learning

    Distance learning is a formalized teaching and learning educational program where an individual uses instructions via video, audio tapes or computers instead of attending a class...

Explore more topics

  • Conducting Interviews

    Interviews are the make-or-break phase of the recruitment process as this is where you truly get to know the candidates and try to get the best out of them. Effective interviews require preparation and use of the right methods and strategies to get the most from a limited time frame. In this blog section, we dive into the art of conducting interviews, exploring the best tactics, the most efficient methods, and useful strategies to make you a better interviewer.

    Learn more

  • Talent Sourcing

    Talent Sourcing is all about identifying and engaging with the best-fit talent for your organization. In this section, we explore all the strategies and best practices you can use to discover top talent effectively. Whether you're a seasoned talent sourcer, an HR Manager or just starting to explore the world of proactive recruitment, dive into our blog posts, gain inspiration, and take actionable steps toward building a strategic sourcing approach that ensures you never miss out on top talent.

    Learn more

  • Resume Screening

    Streamline your hiring process with efficient resume screening techniques. Learn how to quickly identify top candidates by filtering through resumes for relevant skills, experience, and qualifications. Utilize tools and strategies to save time, reduce bias, and ensure you're shortlisting the best talent for the job.

    Learn more

  • Candidate Experience

    Candidate experience is a critical factor in shaping a positive employer brand and attracting top talent. Learn how to deliver a personalized and engaging candidate experience that reflects your company's values, fosters long-term relationships with candidates, and enhances your reputation as an employer of choice. Secure the best candidates with a standout hiring process.

    Learn more

  • Employee Management

    Employee Management: Discover the essential tools, tips, and processes to build and lead a winning team. Learn how to effectively manage performance, foster collaboration, and create a positive work environment that drives success. Implement best practices to optimize productivity and ensure your team reaches its full potential.

    Learn more

  • Recruitment Marketing Strategy

    Develop an impactful recruitment marketing strategy to attract top talent. Learn how to create targeted campaigns, build a strong employer brand, and use digital channels to reach and engage potential candidates. Optimize your recruitment efforts with strategies that showcase your company culture and position you as an employer of choice.

    Learn more

Simple and affordable recruitment software

Schedule a Demo Start Free Trial