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Increased paid leave trends in 2024

WEX Inc.

This shift in mindset has led to a surge in various types of increased paid leave, reflecting a growing awareness of the diverse needs of today’s workforce. Let’s take a look at some of the most recent trends regarding increased paid leave. Sabbatical leave Another trend gaining traction is sabbatical leave.

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How does your parental leave policy stack up? Is it fair? Equitable? Competitive?

PeopleStrategy

Family leave has been subject to much scrutiny and debate in recent years. And two current employment trends are putting additional pressure on employers to take a closer look at their current parental leave policies: Employees want better work-life balance as they seek a higher quality of life. Go gender neutral.

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Pregnant Workers Fairness Act: An Update

International Foundation of Employee Benefit Plans

Back in July of 2023, I wrote a blog on the Pregnant Workers Fairness Act and what plan sponsors needed to know at that time. I was pregnant while writing that first blog and curious not only how the law would impact […] The post Pregnant Workers Fairness Act: An Update appeared first on Word on Benefits.

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Key Employment Benefits in Germany

Global People Strategist

In order to recruit and retain top talent, Germany offers a number of employment benefits, some of which will be discussed in this blog. Key Employment Benefits in Germany: 1) Leave Entitlements: Every German employee is entitled to at least 20 days of paid leave throughout the year (assuming a five-day working week).

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Employment Benefits in Sweden

Global People Strategist

A Swedish employee can earn their annual leave during their qualifying year and utilize the paid leave in the subsequent (vacation) year. Employees get 25 annual paid vacation days and, under certain circumstances, can carry any unused paid days forward to the following year. b) Parental Leave.

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What Are Employee Benefits?

Abel HR

However, it seems that more employers are shifting towards paid leaves. The Bureau of Labor Statistics found that 96% of employees in the private workforce received paid holidays, while 97% of these employees also received paid vacation days. According to Frac.tl, employers should also consider offering parental leave.

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How Employee Perks Can Help Companies in the US

Vantage Circle

What can you take away from the blog Key Takeaways What are employee perks? Paid parental leave, support for fertility-related expenses, and assistance with adoption or surrogacy costs are also part of the benefitws plan. A perk like paid parental leave is no longer just a nice-to-have perk anymore.