In today’s tight labor market, employers need to do more to recruit and retain top talent and meet employees’ expectations for comprehensive and personalized benefits. With employee stipends, business owners can enrich and expand their benefits to strengthen the employee experience while creating equity and promoting inclusivity.
In this guide, we’ll walk you through everything you need to know about employee stipends, including:
- The benefits of offering stipends
- Popular employee stipends to offer
- How to administer an employee stipend program
- Why you should choose PeopleKeep to help
