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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

The 4 best benefits in 2024, according to employees. Your benefits choices go a long way toward attracting the right employees. Here are the 4 best benefits in 2024, according to employees. To evolve your benefits strategy, you need to understand what will help your employees the most.

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RSA Insurance to introduce equal parental leave

Employee Benefits

RSA Insurance is to introduce equal parental leave from January 2024 in order to add to its family-friendly provision. The new policy will offer all parents up to 52 weeks of equal leave, 26 of which will be fully paid. It

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Prysmian Group enhances global parental leave

Employee Benefits

Credit: DELBO ANDREA / Shutterstock.com Cables, energy and telecoms firm Prysmian Group has enhanced its minimum global parental leave and reinforced a full-circle support programme for primary caregivers. Meanwhile, the group has recommunicated its Leave and Back-to-Work Programme to staff.

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57% say enhanced parental and adoption leave and pay is most valued by workforces

Employee Benefits

Employee Benefits poll: More than half (57%) of organisations revealed that enhanced maternity, paternity and adoption leave and pay is the most valued family-friendly benefit by their workforces, according to a survey of Employee Benefits readers.

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Coty extends global parental leave policy

Employee Benefits

Image credit: Konektus Photo / Shutterstock.com Global beauty firm Coty is to extend its global parental leave policy which will allow all employees to take a minimum of 14 weeks, fully paid, regardless of gender. Coty believes its parental leave policy champions gender equality in pay and workplace advancement worldwide.

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HSBC extends parental leave for Hong Kong-based staff

Employee Benefits

Banking organisation HSBC has extended its parental leave benefits for Hong Kong-based staff to foster a family-friendly and inclusive culture. From 1 January 2024, maternity leave for full-time employees will increase from 16 to 20 weeks, while paternity, or secondary caregiver, leave will rise from 10 to 40 days.

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Irish government to extend parent’s leave benefit allowance

Employee Benefits

The Irish government has announced that it will extend its parent’s leave benefit allowance from seven weeks to nine weeks as of next month. The act increases parent’s leave for children born or adopted after 1 August.