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Why employee wellness matters – and how it’s good for business

Insperity

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. Consider a wider range of benefits that go a step further in addressing employee wellness.

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Itsu launches benefits centred on major life transitions

Employee Benefits

Restaurant and grocery chain Itsu has launched a benefits package that aims to support its 1,500 members of staff through major life transitions, including becoming a parent, moving home, and undergoing gender reassignment. Among the benefits it introduced in November was paid leave for various life events.

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

The survey also found that 80% of employees would choose additional benefits over a pay raise. When looking for a new job, any self-respecting employee would look at the complete benefits package. Many of these benefits will comprise something called "fringe benefits." Paid Time Off (PTO).

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How to evaluate the compensation plan?

HR Digest

Paid leave – holiday, vacation, PTO, sick, personal, bereavement, military pay, jury duty, etc. Retirement benefits – include 401(k)/403(b), pension plans, etc. One that offers perks such as gym memberships and bonuses can help you upgrade to or maintain a healthy lifestyle. Did you fully understand the benefits program?

401(k) 82
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How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

Importance of benefits. Research published by benefits provider Unum in December 2021, meanwhile, found 40% of staff who quit their job say a better employee benefits package would attract them to a new employer. This is putting pressure on employers to re-evaluate the entire package they offer employees.

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How to upscale a benefits strategy to align with business growth

Employee Benefits

For those looking to make the transition from a start-up into a slightly larger organisation, there are a number of benefits that can be implemented relatively quickly. As organisations start to get a bit more advanced, they can think about adding a greater degree of choice to a benefits package, says Gregson.

Pension 98
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What are Total Rewards: Here’s A Holistic View

Empuls

Employee total rewards are a combination of benefits, compensation, and rewards that employees receive from their organizations, including wages and bonuses, rewards, performance recognition, workplace flexibility, career opportunities, etc. Paid leaves. Retirement benefits. Legal benefits. Paid time off.

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