Insperity
OCTOBER 1, 2024
Increased paid time off (PTO) and alternative forms of paid leave. Emphasize wellness in benefits offerings Most standard benefits packages include things like health insurance, a 401(k) retirement plan and PTO. (Of course, this depends on their role and requires some parameters to be put in place.)
Best Money Moves
DECEMBER 9, 2024
Compared to years prior, employees are more interested in retirement benefits and paid leave opportunities. The average employer matches 6% of an employee’s Traditional 401k and Roth 401k contributions. According to Plan Adviser, interest in paid leave increased by about 15% from its figure in 2022.
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Best Money Moves
MAY 22, 2019
401(k) Retirement Fund Match was in the top three desired employee benefits for more than 35 percent of millennials. Paid Time Off was a benefits priority for 45 percent of millennials. These days, finding the perfect job is about a lot more than money,” says Gregory J. Top 5 Must-Have Employee Benefits for Millennials.
Achievers
OCTOBER 20, 2020
Profit sharing plans are a type of defined contribution plan that can serve as an alternative or supplement to more traditional plans like a 401k. If a profit sharing plan doesn’t suit your company, you can still use retirement benefits to incentivize employees by offering to match part or all of their 401k contributions.
InterWest Insurance Services
DECEMBER 20, 2022
SB 1126 will require any person or entity with at least one employee to either provide them with access to a retirement program like a 401(k) plan or enroll them in the state-run CalSavers program. 8) CalSavers expanded.
HR Digest
MAY 22, 2021
Paid leave – holiday, vacation, PTO, sick, personal, bereavement, military pay, jury duty, etc. Retirement benefits – include 401(k)/403(b), pension plans, etc. For example: The compensation package for Job A is salary and paid holiday. Employee assistance program. Relocation expenses. Which one would you choose?
Best Money Moves
JULY 19, 2019
Some companies have gone as far as offering paid time off or the flexibility to work from home for employees who adopt a pet, referred to affectionately as ‘paw-ternity leave.’ . #9 9 The Benefits of Paid Leave. Almost 80 percent of employees live paycheck to paycheck. 8 Transportation Benefits for Employees.
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