Company
Employees accept job offers not only for the salary but also for the benefits that accompany many positions. Employee benefits are a "job perk" that may convince a potential employee to join a specific company. Evaluate what benefits are valuable to you when looking for a package.
Example of Benefits that may be offered:
- Private health care
- Life insurance (employee and spouse or children)
- Periodic salary increases
- Performance bonus, service/tenure/loyalty bonus and other bonuses
- Allowances (meal, transportation, rice, clothing)
- Reimbursements (medical, dental, optical)
- Additional vacation and sick leaves and other leave types (bereavement, marriage)
- Training and development schemes
- Retirement benefits
Expat
To convince an employee to go abroad, there may be additional benefits to help ease the transition. The most common is an increase in salary.
Other benefits may include:
- Relocation benefits - covers the cost of the actual move plus the help of a relocation agent
- Accommodation benefits - subsidized housing and a rental agent to help find accommodations
- Language training - courses at home and abroad to help the employee integrate
- Expatriate family benefits - aid tuition payments for children, obtain visas and compensate for potential loss of income of spouse