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A solid benefits package has comprehensive health insurance, paid time off (PTO), retirement plans, and wellness support. Paid Time Off (PTO) Did you know despite the critical need for rest, more than half of U.S. In 2015, the streaming giant shook up the industry by introducing a one-year paid parental leave policy.
According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. Not just salary. Paid Time Off (PTO). Offering paid time off— or PTO— can be a great extrinsic reward for those companies.
The #1 topic on the minds of CEOs and senior HR leaders is ‘culture & engagement,’ according to Deloitte’s 2015 Global Human Capital Trends Report. According to the Workforce Institute on Absenteeism , businesses saw a drop in absenteeism (unearned PTO) by 41% when teams were engaged in their work. -
The Prevalence of Unlimited PTO Plans The 2015 SHRM Benefits Study, an annual report examining the nitty gritty details of benefit plans, pointed out that between >1% and 2% of employers are offering unlimited paid leave plans. I’m here to tell you: avoid the hype. Often times they have generous leave policies already.
What they fail to realize is that for today’s worker, salaries are more of a threshold than a scorecard. If salaries don’t always move the needle, what does? 40% of respondents to Glassdoor’s Q3 2015 employment confidence survey said that they value health insurance more than a pay raise. The answers might surprise you….
As an employer in the Commonwealth, you need to understand the complexities specific to Massachusetts salary laws, hiring, and employing workers. Learn more about compliance requirements for your hourly, salaried, exempt, and non-exempt employees in this free guide. In 2015, the language was updated to read unpaid parental leave.
In April 2015, when the story broke about Gravity Payments CEO Dan Price taking a pay cut to raise his staff's salary to $70,000 a year and reward them for their hard work, the internet was divided. Heavily ridiculed, the young CEO stuck to his guns and cut his salary of $1.1 Opinions ranged from disbelief to disdain.
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