How to set up a meal allowance for your employees

Описание: Whether your employees are looking for a quick snack to hold them over or a whole meal to satisfy their cravings, the cost of food cuts into their paychecks. An easy way for employers to show they care about their employees is to offer them meal allowances.

In this video, I’ll explain what a meal allowance is and how you can offer one to your employees.

Link - https://www.peoplekeep.com/blog/how-t...

CHAPTERS:
0:00 Intro
0:27 What is a meal allowance?
0:43 Why should you offer a meal allowance?
1:13 What type of meal allowance should you offer?
2:27 How to offer and administer employee fringe benefits for meals
2:55 Conclusion

A meal allowance, sometimes called a food allowance, food stipend, or meal stipend, is considered a fringe benefit. Employers give their employees a set amount of money to buy food, such as meals or groceries.

And what might employees spend this money on? They could buy a latte from their favorite coffee shop, a salad that compliments their healthy lifestyle, or even use a meal delivery service such as Hello Fresh or Blue Apron.

If you want to offer personalized benefits like meal stipends to your employees, we can help. Learn more about our WorkPerks employee stipend administration software: https://www.peoplekeep.com/product/wo...

PeopleKeep is the leader in personalized employee benefits administration software. We make it easy to create and manage your employee benefits and perks, such as HRAs and stipends, in minutes.

Since starting in 2006 as Zane Benefits, we've helped thousands of organizations offer affordable benefits to their employees.

#employeebenefits #stipends #employeeperks