HR Digest

JANUARY 7, 2025

So, what does the future hold for employee benefits in 2025? Lets dive into the key trends shaping employee benefits in the workplace. Image: Pexels Employers Need to Take Note of These Upcoming Trends in Employee Benefits The kind of employee benefits offered by an employer can make or break the companys retention numbers.

Employee Benefits 98

Employee Benefits Retirement Plan Benefits Package PTO 98

Achievers

NOVEMBER 21, 2022

They include all the tangible ways employees are recognized, from a higher salary, to additional PTO, to a heap of reward points provided by a thankful team member. Employee incentives. Employee incentives include all the benefits your company offers to workers. Wellness-based rewards. Extrinsic rewards.

Employee Incentives 281

Employee Incentives Bonuses PTO Employee Recognition 281

Achievers

JUNE 27, 2022

To ensure your future team members have a great experience with your company from their first contact, develop a winning employer brand that potential employees respect. Employee health and wellness. Unexpected absences cost organizations between approximately $2,600 to $3,600 per year per employee.

Recruitment 281

Recruitment PTO Food Employee Retention 281

Business Management Daily

AUGUST 21, 2024

Presenteeism occurs when employees are physically present but not functioning at total productivity due to illness, injury, disengagement, burnout, or other factors. Presenteeism is prevalent as many people hesitate to take time off when needed due to a lack of PTO, concerns over job security, and other factors.

PTO 52

PTO Benefits Package Banking Employee Recognition 52

Business Management Daily

JANUARY 13, 2025

Creating a menopause policy for your workplace could help you bridge that gap and stand out as an employer offering unique benefits and accommodations. Menopause policies in the workplace are becoming increasingly common as businesses recognize the impact menopause can have on employee health and productivity.

Paid Leave 97

Paid Leave Medical PTO Human Resources 97

Higginbotham

SEPTEMBER 26, 2024

Unlimited PTO policies are becoming more popular, but they can come with advantages and challenges. Understanding the pros and cons for both employees and employers is key when deciding if an unlimited paid time off program is right for your organization. What is unlimited PTO? Enhancing employee productivity.

PTO 52

PTO Employment Consulting Employee Loyalty 52

Achievers

OCTOBER 26, 2022

One of the most genuine ways to show employee appreciation is by ensuring each team member has a healthy work-life balance. Additional PTO is an easy way to help give employees the mental and physical wellness a balanced life provides, but you can also offer flexibility regarding when and where they work.

Employee Recognition 291

Employee Recognition PTO Electronics Employee Wellness 291

Achievers

FEBRUARY 16, 2021

Having a sleep or mindfulness coach teach your employees tips to lower their stress is another winning option. These activities emphasize your organization’s commitment to employee wellness and help everyone feel relaxed and rejuvenated. Donate to your employees’ favorite charities.

Employee Recognition 311

Employee Recognition Employee Retention PTO Food 311

Empuls

AUGUST 28, 2024

Furthermore, research shows that 73% of employees are significantly more likely to remain with an employer that provides a comprehensive benefits package. What are employee benefits providers? They provide reports to employers that can help in making informed decisions about future benefits offerings.

Benefit Providers 40

Benefit Providers Employee Benefits 401(k) Retirement Plan 40

COMPackage

NOVEMBER 2, 2024

TCRs shed light on this by detailing all aspects of an employee’s compensation, including: Base Salary: The core component, clearly outlining the annual or hourly wage. Benefits: A breakdown of employer-provided benefits like health insurance, paid time off (PTO), retirement plans, and wellness programs.

PTO 40

PTO Retirement Plan Salary Bonuses 40

Achievers

JUNE 12, 2024

Even if your company has developed a great employer brand that helps it attract top-notch employees, it won’t be able to leverage their abilities for long without a high employee retention rate. That’s why you should benchmark your company’s retention rate against industry standards to get an accurate assessment.

Employee Retention 226

Employee Retention Employee Recognition PTO Health Insurance 226

Achievers

OCTOBER 20, 2020

And organizations that rate their culture of recognition highly are three times more likely to see increased employee retention and over twice as likely to see increased employee engagement. Why have your recruiters spend time posting job descriptions online if you can rely on your own employees to source qualified candidates?

Employee Incentives 305

Employee Incentives Profit Sharing Plan 401(k) Bonuses 305

Best Money Moves

APRIL 20, 2022

These numbers suggest that the period of record employee turnover known as the “Great Resignation” is not slowing down. . The costs to employers are staggering. It costs six to nine months of an employee’s salary to hire and acclimate their replacement, according to data from SHRM. Mental health benefits can come in many forms.

Employee Retention 122

Employee Retention PTO Healthcare Benefits Package 122

Business Management Daily

MAY 10, 2021

During the COVID-19 pandemic, many employees decided against taking paid time off. Some stockpiled PTO in order to receive a payout if they were let go by their employer. The improving economy gives workers a greater sense of job security and a decreased need to hoard PTO. How much PTO do employees have on the books?

PTO 98

PTO Engineering Management Employee Wellness 98

TalentCulture - Employee Benefits

NOVEMBER 14, 2022

Many are finding it pays to step outside the standard benefits box with creative options that meet diverse employee needs. The post Which Caregiving Benefits Do Modern Employers Provide? For example, caregiving benefits are gaining strong momentum. To learn more about this, we asked business […].

Employment 126

Employment PTO Medical Employee Retention 126

Business Management Daily

OCTOBER 18, 2022

Is it time to set boundaries and put well-being at the forefront? We demand employers take employee work-life balance seriously. The importance of work-life balance to employers. Where do employers fit into all of this? They want PTO to attend to their mental well-being. Grant PTO and vacation time.

Employment 98

Employment IT PTO Work From Home 98

Best Money Moves

DECEMBER 5, 2023

4 Top 2024 Employee Benefits 1. Financial wellness programs Financial health is one of the most important aspects of employee well-being and productivity. According to Morgan Stanley, financial stress in employees can lead to declines in productivity, weakened company culture and delayed retirement, among other risks.

Employee Benefits 98

Employee Benefits PTO Financial Counseling Work From Home 98

Achievers

OCTOBER 29, 2020

If your organization values giving back to the community and supporting those in need, creating a similar employee network may be worthwhile. It’s no surprise that almost three-quarters of employers offer gift cards to their employees. So if you offer PTO as a reward, both you and your employees are likely to reap the benefits.

Food 204

Food PTO Bonuses Entertainment 204

Business Management Daily

MAY 2, 2022

He likely, though, would have thought somebody in human resources was pulling his leg if presented with the notion of unlimited paid time off (PTO). As companies look for ways to attract top talent and improve retention rates, unlimited PTO is a reality at many organizations. What is an unlimited PTO policy?

PTO 52

PTO Retirement Plan Benefits Package Engineering 52

Business Management Daily

NOVEMBER 23, 2021

Adding floating holidays as an extra perk in your benefits package can help you accomplish both of these goals, and help your employees achieve a better work-life balance. A floating holiday is a PTO day that can be used for personal days, birthdays, or significant religious or cultural days outside of the standard federal holidays.

PTO 98

PTO Benefits Package Banking Human Resources 98

HR Digest

MAY 14, 2019

The HR Digest talked with Paul Wolfe, SVP and HR at Indeed about how HR managers and employers can create a positive work culture in their company which nurtures and inspires employees and gives everyone the space to develop. The HR Digest - Can you tell us what policies are in place at Indeed to ensure employee wellness?

PTO 88

PTO Paid Leave Parental Leave Benefits Package 88

Higginbotham

AUGUST 10, 2023

If you own or manage a business, you know how important it is to make the well-being of the company’s employees a top priority. In the 1950s and 60s, technology companies began to experiment with employee wellness benefits by creating fitness programs for their employees. In a 2020 survey of large U.S.

Health Insurance 52

Health Insurance Employee Wellness Insurance Benefits Package 52

Empuls

DECEMBER 24, 2024

Organizations prioritizing meaningful benefits show their commitment to employee well-being, fostering loyalty, and enhancing productivity. While salary is important, employees increasingly value benefits that improve their work-life balance and financial security. These perks enhance employee well-being and job satisfaction.

Retirement Plan 40

Retirement Plan Health Insurance Benefits Package Healthcare 40

Insperity

SEPTEMBER 8, 2022

Even more concerning for employers, the Society for Human Resource Management (SHRM) reports in its Spring 2022 People + Strategy Journal that on average, a majority (about 60% at the time of reporting) of recent turnover is voluntary. Why employees are leaving. What can you do to engage and hang on to your valued employees?

PTO 109

PTO Bonuses Employee Retention Recruitment 109

Best Money Moves

AUGUST 19, 2020

Parents need flexibility from employers to balance work duties and caretaking as many districts continue with virtual learning. Mercer identified two areas of increased flexibility where employers can provide meaningful support to caregivers in their post on Creative Ideas to Support Working Parents During the Caregiver Crisis.

PTO 110

PTO Work From Home Paid Leave Consulting 110

Flimp Communications

FEBRUARY 4, 2025

Wellness as a Core Offering Wellness in the workplace has evolved far beyond basic health insurance and gym memberships. Todays total rewards programs are embracing a holistic approach to employee well-being, encompassing physical, mental, financial, and social health.

Utilities 52

Utilities Health Insurance PTO Retirement Plan 52

Business Management Daily

APRIL 29, 2024

Fringe benefits are how employers make up the gap. Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity. Employees today expect more, and attracting the best will depend on offering the right perks. People want more.

Out of Pocket Cost 84

Out of Pocket Cost PTO 401(k) Deductible 84

Achievers

AUGUST 16, 2023

” Few things are as much of a win-win for both employee and employer as prioritizing professional development. Supporting wellness “You’re the first manager I’ve ever had who walks the walk when it comes to supporting employee wellness and self-care. Let’s keep the wellness train moving full steam ahead!”

Construction 226

Construction Employee Recognition PTO Health 226

Achievers

NOVEMBER 24, 2020

Chances are that you’ve got some PTO just waiting to be taken advantage of — on average, U.S. You can also see whether your employer will give you more flexibility in terms of how you work, whether that be in terms of time or location. There are dire consequences when employers fail to prevent burnout. Take time off.

IT 215

IT PTO Overtime Management 215

Insperity

MARCH 12, 2024

Launching a successful benefits program in your workplace calls for a savvy employee benefits strategy. Here, we’ll cover everything you need to know about employee benefits. Workers’ compensation insurance provides employees with replacement income and pays for medical expenses if they are injured or become ill on the job.

Family and Medical Leave Act 59

Family and Medical Leave Act Employee Benefits PTO 401(k) 59

Insperity

MAY 12, 2022

For many employers and employees alike, the national conversation around flexibility centers on remote work or hybrid work. employees in applicable roles plan to pursue permanent remote or hybrid work in the near future. Let employees take their lunch break when they want. Let employees bring pets to work.

Workplace Flexibility 96

Workplace Flexibility PTO Paid Leave Recruitment 96

Flimp Communications

SEPTEMBER 11, 2020

We’re all still navigating this pandemic while attempting to create a sense of normalcy so important for maintaining personal well-being. Among the biggest challenges throughout have been the hardships of financial ambiguity and taking care of physical and mental wellness. But are employers considering the cost to emulate these spaces?

Work From Home 94

Work From Home Voluntary Benefits PTO Hospitality 94

Business Management Daily

SEPTEMBER 3, 2021

The pandemic has given employers a lot to think about. While many companies may be ready to move quickly back to a fully on-site workforce, and others are exploring hybrid or fully remote options, employees have their own expectations and are willing to look for a new position if they aren’t met. Almost three-fourths of U.S.

Payroll 90

Payroll Work From Home PTO Software 90

Business Management Daily

DECEMBER 1, 2023

For example, an employee who frequently calls out of work last minute would typically be demonstrating excessive absenteeism. Employees whose personal day and sick day call-outs continually exceed their available PTO may also be an example of excessive absenteeism , assuming that you are providing a reasonable amount of sick leave.

Family and Medical Leave Act 52

Family and Medical Leave Act PTO Human Resources Medical 52

Hppy

NOVEMBER 3, 2023

Employee Wellness Programs Employee wellness programs are an HR perk with two-fold benefits. For the employee, it offers resources to help manage stress, improve health, and enhance life quality. This could feature anything from gym memberships to onsite health services or even mental wellness support.

PTO 45

PTO Overtime Employee Wellness Management 45

Insperity

NOVEMBER 8, 2022

Now, employees have a different philosophy about the role of work in their lives and they crave more balance and flexibility. Employers should respect this and not automatically assume that embracing these modern workplace trends is a form of quiet quitting. Avoid employee burnout proactively. Continually assess your culture.

PTO 117

PTO Workplace Flexibility Employee Recognition Employee Retention 117

Insperity

JUNE 6, 2023

Because many of them have only worked for companies remotely or their current remote job is their first job, Gen Zers are more likely than prior generations to have weaker, distant relationships with colleagues and managers, and feel disconnected from their employer.

Management 103

Management Health PTO Technology 103