Work-life Employee Benefits definition
Non-traditional benefits, often intangible, that affects an employee’s personal life as well as/instead of their professional life. Work/life employee benefits are often provided as part of an overall package the employer leases from a third-party – either the third-party or the employer then administers the system.
Common work/life employee benefits include childcare, emergency childcare, employee assistance programmes (EAP), gym memberships and access to counselling services.
Non-traditional benefits are increasingly offered to employees as part of their total remuneration package. This is part of a response from employers to the war on talent, whereby companies must provide attractive packages in order to attract and retain the best employees.
Work-life Employee Benefits are designed to help employees achieve a better work-life balance.