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Innovative Employee Benefits and Customization
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Companies are innovating employee benefits to attract and retain workers, with unconventional perks like intramural sports clubs, family-planning benefits, and unique corporate cultures. Traditional concepts of total rewards need to be redefined to focus on abundant recognition, professional growth, wellness, cultural alignment, and non-monetary improvements. Bundl, a total rewards software, allows employees to customize their own benefits package, offering open-ended options and data analysis tools.
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How can businesses effectively balance customization with maintaining a cohesive corporate culture?
How might the shift towards unconventional employee benefits impact traditional notions of job security and benefits?
What challenges might arise from redefining total rewards in the workplace?
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