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Employee perks are the little extras that make working at a company more enjoyable. They can be things like free food and drinks, gym memberships, flexible hours, or extra vacation days. Perks can help to improve employee morale and retention, and they can also be used to attract new talent.
What are the benefits of Work perks?
There are a number of reasons why companies in Iraq offer work perks to their employees. First and foremost, it is a way to attract and retain talent. With the high unemployment rate in Iraq, many qualified individuals are looking for work. By offering perks such as housing allowances, transportation benefits, and free or discounted food and other items, companies can make themselves more attractive to potential employees.
In addition, work perks can help improve morale among employees. When workers feel like they are being treated well by their employer, they are more likely to be productive and satisfied with their jobs. happy workers tend to stay with a company longer, which can save the employer money on training costs.
Finally, work perks can be used as a tool to motivate employees. If workers know that they will receive certain benefits for meeting or exceeding performance goals, they may be more likely to put forth extra effort. This can lead to higher levels of productivity and profitability for the company.
What are the most common Work perks?
There are many work perks that are offered in Iraq. Some of the most popular ones include:
Offering wellness programs: This is a great way to promote a healthy lifestyle for employees and can help reduce stress levels.
Providing flexible working hours: This can be beneficial for employees who have family or other commitments outside of work.
Offering childcare facilities: This can be a huge perk for working parents who often struggle to find affordable childcare.
Giving employees access to discounts and exclusive deals: This is a great way to show appreciation for employees and can help them save money on everyday items.
What is the Cost for Employee Perks Package?
The cost of an Employee perks will depend on the provider, company size, and services offered.
In Iraq, employee perks can be expensive. In fact, the average cost of employee perks in Iraq is $1,004. This amount rises to $1,815 when considering benefits such as healthcare and retirement plans. The high cost of employee perks in Iraq may be due to the country’s poor economy. As a result, businesses are forced to provide more benefits in order to keep their employees happy and satisfied. Additionally, many Iraqi businesses are owned by foreigners who value employee perks highly.
Who are the top employee perks providers in Iraq?
GEICO is known for its auto insurance policies, but it also has a strong focus on employee benefits. These include health insurance, life insurance, retirement plans, dental coverage, and more.
AKA is another popular employer benefit provider in Iraq. It offers a variety of benefits, including health insurance, retirement plans, and disability coverage.
MantraCare is the top Employee perks vendor in Iraq. They not only provide excellent employee benefits in Iraq, but they also offer extra perks like EAP, Stepathlon, Corporate Yoga, Physical therapy, and chronic condition reversal (for Diabetes & Hypertension), meditation, work counseling & more.
MantraCare offers Employee Perks in all major cities in Iraq
- Abu Ghurayb