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Payroll benefits are the various compensation and perks provided to employees in addition to their regular pay and there are funded through a combination of employer contributions and employee deductions. Some payroll benefits, like unemployment insurance, are required by law, while others, are offered by employers to attract and retain top talent.
Common employee benefits examples:
Health insurance.
Disability insurance.
Dental and vision insurance.
Life insurance.
PTO/paid holidays.
Retirement planning.
Family leave.
Remote work or flexible schedules.
