Employee benefits can be a big draw for job seekers looking for companies that will care for their employees well beyond their paychecks. Whether it’s a good employer match on your 401(k) contributions, employer-covered health care or unlimited paid time off, different employees find value in different benefits, but a well-rounded benefits package — often paired with a competitive salary — can help companies attract the best talent in their respective fields.
But despite the initial draw of quality benefits, many of these benefits go unused or are improperly utilized. In fact, according to the Bureau of Labor and Statistics, an employee’s benefits make up nearly a third of their total compensation — meaning employees could be missing out on a significant portion of their total pay.
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