Remove Employee Benefits Remove Health and Welfare Remove Paid Leave
article thumbnail

Top 10 Employee Perks Programs for 2024

HR Lineup

As we step into 2024, the landscape of employee benefits and perks is continuously evolving. These programs go beyond the traditional healthcare and retirement plans, incorporating elements that cater to employees’ holistic well-being.

article thumbnail

Expanded Employee Benefits in South Korea: Creating A Better Workplace Environment

Global People Strategist

Employee benefits aren’t just a perk of the job; they create an environment that helps foster happy and productive employees who feel supported. Admittedly, there are places where employee benefits have a long way to go in scope and execution — South Korea is one of them.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Benchmarking and Surveys Gauge if Employee Benefits are on Target

Corporate Synergies

What kind of health and welfare benefits attract and retain employees? With unemployment at a 50-year low, health and welfare benefits have become a big differentiator for employers, which means they need to be competitive to attract and retain employees. What do your employees want?

article thumbnail

Axa enhances work-life balance benefits in Greater China

Employee Benefits

Credit: Robert Way / Shutterstock.com Insurance firm Axa has has enhanced employee benefits for its employees in Greater China to promote work-life balance in the workplace and provide support at different life stages. From 1 January, the organisation increased paid co-parent leave from 20 days to 40 days.

article thumbnail

How professional employer organization (PEO) pricing works

Insperity

Being an employer comes with many HR-related costs beyond the cash compensation you pay to your employees, such as: Payroll taxes (FICA, FUTA, Social Security, Medicare) Worker’s compensation insurance coverage Statutory insurance and paid leave programs (e.g., Administrative fees. It’s all about trust.

article thumbnail

Family Comes First—Citi’s Parental Leave Policy Sets the Standard

HR Digest

The Citi leave policy update sent out to employees states that all new parents will have 16 weeks of paid leave to care for their kids and an additional 8 weeks will be available for birth parents to recover from the process. The updated Citigroup employee benefits go into effect immediately for workers in the U.S.

article thumbnail

February 2024 HR Update

Higginbotham

29, 2024 for Calendar Year Plans Each year, group health plan sponsors are required to complete an online disclosure form with the Centers for Medicare & Medicaid Services (CMS) indicating whether the plan’s prescription drug coverage is creditable or non-creditable. Medicare Part D Disclosures Due by Feb. 10, 2024, the U.S.