GFOA member surveys repeatedly show recruiting and maintaining qualified employees is a top challenge faced by many government finance offices. As part of an overall strategy of recruitment, fringe benefits can play an important role in helping attract and retain motivated and productive employees – salary isn’t enough on its own. In fact, in one survey, 80% of employees said they would choose additional benefits over a pay raise. Employees want more benefits that address their total well-being, not just their financial well-being. In this session, speakers will present information that all governments can use to better inform benefit decisions and help sort out which benefits employees desire and which ones they don’t care about.
Fringe Benefits: How, Which, and When?
Monday, May 18, 2020 - 10:30am to 12:10pm
Field of Study: