In recent years, with the frequent occurrence of labor-management conflicts, corporate employee welfare has gradually evolved into one of the key concerns of the enterprise, employee welfare, although only a small part of the corporate budget, but a good employee welfare, is an important weight of the enterprise to retain and attract talent, can help companies to enhance the sense of well-being of the employees, reduce employee turnover, and play a double the effect of half the effort.

I. Types of Employee Benefits

Employee benefits, which can be divided into two types of national statutory benefits and enterprise-owned benefits.

- National statutory benefits

National statutory benefits are a kind of mandatory benefits that the state requires enterprises to provide, mainly including: social insurance, statutory holidays, housing provident fund. At present, the vast majority of enterprises provide employees with statutory benefits to varying degrees, of which pension insurance accounts for the largest proportion, followed by medical insurance, while the proportion of providing statutory housing fund and enjoying statutory holidays is slightly lower.

- Corporate welfare

Corporate welfare, which is outside the laws and regulations, is a selective welfare provided to employees according to their own conditions, and is affected by the business situation, management mechanism, overall quality of employees, and management philosophy of managers. Each enterprise's employee welfare policy is closely linked to the actual situation of the enterprise, each different.

Second, the form of employee benefits

- Monetary form: mainly focused on housing, transportation, communications, meals, etc., some companies also provide holiday subsidies for employees.

- Physical form: such as cultural and sports facilities, free working meals, birthday and holiday gifts, free dormitory and other physical benefits.

- Forms of services: mainly travel, medical checkups, counseling services (psychological and legal type of counseling), and training and academic education.

Three, the implementation of employee benefits

- Subsidies: lunch subsidies, communication subsidies, housing subsidies, travel allowances, corporate pension, etc.

- Health: employee physical examination, commercial supplemental insurance, immediate family physical examination, immediate family supplemental insurance, EAP, etc.

- Gifts: gifts for annual festivals, anniversaries, activities, etc.

- Activities: gatherings, dinners and other events. p>- Activities: dinner and tea breaks, family day, group building, holiday activities, etc.

- Training: employee incentives, promotion and training, value-added training, expatriate opportunities, etc.

Enterprise employee benefits can make the company stand out from the competition for talent and reduce the rate of turnover, thus reducing the cost of human resources, and contribute to the enhancement of the core competitiveness of the enterprise. The more humanized the welfare management, the more it can enhance employee satisfaction, increase employee cohesion, and ultimately achieve the core objectives of revenue generation and growth of the enterprise.