Telesure Lane

Auto & General Park

Telesure Lane

Randburg

2055

Gauteng

South Africa

-25.9803685

28.0138512

145 Western Service Rd

Woodlands Office Park

Western Service Rd

Sandton

2080

Gauteng

South Africa

-26.05774

28.0896

79 Oxford Rd

Oxford Rd

Johannesburg

2132

Gauteng

South Africa

-26.1656

28.0479

Hood Av

1 President Plce

Hood Av

Johannesburg

2196

Gauteng

South Africa

-26.14762

28.03606

Norwich Clse

Grayston 66

Norwich Clse

Sandton

2031

Gauteng

South Africa

-26.1042

28.04854

22 Vincent Av

Vincent Av

Sandton

2149

Gauteng

South Africa

-26.0731

28.0492

Smit St

Sunpark

Smit St

Johannesburg

2030

Gauteng

South Africa

-26.1107

27.9869

1 Valerie Cres

Valerie Cres

Johannesburg

2192

Gauteng

South Africa

-26.14997

28.08583

256 Kent Av

NMG Hse

Kent Av

Randburg

2194

Gauteng

South Africa

-26.09936

27.99867

33 Fricker Rd

Fricker Rd

Sandton

2196

Gauteng

South Africa

-26.12839

28.04739

1 Joseph Rd

Joseph Rd

Johannesburg

2192

Gauteng

South Africa

-26.13653

28.11484

99 Conrad Dve

Success Hse

Conrad Dve

Randburg

2194

Gauteng

South Africa

-26.113866

28.017988

17A Lovath Rd

Lovath Rd

Sandton

2055

Gauteng

South Africa

-26.10547

28.02704

Employee benefit fund

An employee benefit fund can be defined as money that employers put aside to fund employees non-monetary benefits which are granted to employees of a company as part of their overall remuneration package. An employee benefit fund is one of the criteria that attract employees to take a job offer. Employers don’t only use an employee benefit fund to retain employees, they also use it to improve their employees’ wellbeing.

The number of companies that offer employee benefit funds to their workers has increased quite a lot over the past two decades. The market environment has become very congested therefore firms try their best to retain qualified and skilled employees, but for them to do so they have to offer attractive benefits that are not being offered by other firms. Firms that offer attractive employee benefit funds to their employees are most likely to have less labour turnover. There are several non-monetary benefits that are offered by proficient firms the most common ones are medical aid, car allowances and pension funds.

The demand for skilled labour is higher than the supply therefore companies do everything in their power to ensure that they are in possession of skilled labour even if it means offering higher remuneration and employee benefit funds. Employee benefit funds such as a pension fund is highly encouraged by the government because it reduces the burden that the government has to endure trying to finance grants for people going through old age.

 

Employee benefit fund

An employee benefit fund can be defined as money that employers put aside to fund employees non-monetary benefits which are granted to employees of a company as part of their overall remuneration package. An employee benefit fund is one of the criteria that attract employees to take a job offer. Employers don’t only use an employee benefit fund to retain employees, they also use it to improve their employees’ wellbeing.

The number of companies that offer employee benefit funds to their workers has increased quite a lot over the past two decades. The market environment has become very congested therefore firms try their best to retain qualified and skilled employees, but for them to do so they have to offer attractive benefits that are not being offered by other firms. Firms that offer attractive employee benefit funds to their employees are most likely to have less labour turnover. There are several non-monetary benefits that are offered by proficient firms the most common ones are medical aid, car allowances and pension funds.

The demand for skilled labour is higher than the supply therefore companies do everything in their power to ensure that they are in possession of skilled labour even if it means offering higher remuneration and employee benefit funds. Employee benefit funds such as a pension fund is highly encouraged by the government because it reduces the burden that the government has to endure trying to finance grants for people going through old age.

 

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