Small Business Glossary and Definitions

Traditional Employee Benefits are the benefits that most employees expect to see within an organization, such as group health insurance plans and retirement contributions. Non-traditional employee benefits are sometimes newer forms of compensation, such as child care. Although there are many ways to create an employee benefits package, traditional benefits tend to be seen as standard and choosing not to offer them may have a negative impact on turnover and the recruitment process. Non-traditional benefits can show that an employer thinks outside the box, but traditional benefits are the first benefits a new employee will be looking for.