Tag Archives: employee benefits

How to Terminate Employee Benefits | business.com

If you have to let an employee go or they quit, you should provide them with a termination of benefits letter. Here’s what to include in your letter and a sample template.

As a business leader, when you make the difficult decision to fire or lay off an employee – or if they decide to quit – you must end their employee benefits. While most benefits are immediately terminated, employees often have the right to continue with some benefits. Terminating employee benefits is a delicate process, and you want to make sure you follow all of the proper steps.

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Should You Provide Your Employees with Company Cars | The Startup Magazine

Providing benefits to your employees can lead to a more harmonious, productive workplace with a higher staff morale, increased loyalty levels, and better work satisfaction overall. Providing a company car to employees is a popular benefit in several industries and it’s easy to see why.

Being able to use a company car is a valuable benefit for employees, particularly those who do not otherwise have access to a vehicle. Being able to use their company vehicle provides employees with greater transport flexibility and helps them avoid the need to rely on public transportation. We’ve listed some of the biggest benefits of providing company cars.

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