Why employers should add SAFE leave to their PTO options
Employee Benefit News
OCTOBER 10, 2024
Companies should consider offering paid leave for employees who are victims of domestic violence and other serious crimes.
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Employee Benefit News
OCTOBER 10, 2024
Companies should consider offering paid leave for employees who are victims of domestic violence and other serious crimes.
Best Money Moves
AUGUST 11, 2021
Combat COVID-19 Burnout With These 3 PTO Strategies. PTO benefits can be an important weapon in fighting widespread pandemic burnout. Try these three strategies to encourage PTO use. Yet, even before the COVID-19 pandemic, American workers have a history of not taking full advantage of their PTO.
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Patriot Software
OCTOBER 23, 2023
Are you an Illinois employer? Do you provide paid time off (PTO) to your employees? Beginning in 2024, providing paid time off is no longer a choice—it’s a state mandate. In March 2023, Illinois Governor JB Pritzker signed SB208 into law, requiring Illinois paid leave.
Employee Benefit News
SEPTEMBER 8, 2022
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Wellable
JULY 15, 2020
It’s true that employers have been rethinking leave policies for quite some time now. Paid parental leave has been a hot topic for years, with many advocating for a federal law requiring it. Just last year, new legislation granted 12 weeks of paid leave to federal workers with the birth or adoption of a child.
UpstartHR
FEBRUARY 26, 2020
Employee paid leave is often overlooked because it has been around for what seems like forever. They carry heavy leave balances, which creates liability for their employers. In today’s discussion, Ben talks with Rob Whalen of PTO Exchange. Contact Rob or PTO Exchange: .
Fringe Benefit Analysts
SEPTEMBER 10, 2020
Part of the CARES act deals with Paid Leave for employees. Need to know more about Paid Leave and how it applies? Check out my previous article: Emergency Paid Leave – Family First Coronavirus Response Act. They are paid at 2/3 of pay up to $200 per day in $12,000 total over the 12 weeks. Be Flexible!
Genesis HR Solutions
SEPTEMBER 20, 2018
At Genesis HR, we’ve seen more inquiries about paternity (and parental) leave in the last several months than we have in all the years before it combined! Employees are asking about it; employers are thinking about it, and soon, new legislation will be passed regarding it. What is “standard” paternity leave? Click To Tweet.
International Foundation of Employee Benefit Plans
MARCH 14, 2024
Proposals for paid family and medical leave at the federal level historically haven’t had enough support to become law.
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. Paul Wolfe: Indeed’s Open PTO policy is successful. We find well-rested employees happier and more productive.
Best Money Moves
AUGUST 19, 2020
Parents need flexibility from employers to balance work duties and caretaking as many districts continue with virtual learning. Parents said they would be more likely to return to work sooner if they had access to paid leave, or if they were able to work on a flexible schedule. Flexibility at Work. Flexibility from Work.
UpstartHR
APRIL 26, 2022
“I think the the one stat that came out of this research, that nine out of 10 employees would be more likely to stay with their employer if they had this benefit, I was just kind of blown away.” One of the most common employee benefits is paid leave. ” Rob Whalen, CEO, PTOExchange. Show Notes.
International Foundation of Employee Benefit Plans
MAY 13, 2022
Read more > The post The Next Big Thing: How Employers Can Prepare appeared first on Word on Benefits. In early April, the International Foundation hosted the webcast Innovation and the Future of Remote/Hybrid Work. We were lucky enough to bring in Alex Willis, chief executive officer at Leadership.
Business Management Daily
JANUARY 12, 2023
Here, we look at what makes floating holidays different from regular paid time off (PTO), what considerations go into creating a floating holiday policy, and how this type of day off promotes organizational values such as work-life balance and diversity. Some employers treat floating holidays pretty much like personal days.
HR Digest
SEPTEMBER 30, 2020
What can employers do to see that this workforce is given maximum benefits to enact the dual role efficiently and comfortably? Seeing how this role is going to be a big part of work-life, employers need to reconsider their human resource policies to work in this burgeoning need. billion per year. ?This
HR Lineup
MAY 24, 2022
VTO is a form of leave where employees get paid to go and volunteer in specific charity/community-based functions. Employers realized that volunteering programs improve employee engagement and corporate social responsibility. Therefore, many employers are nowadays incorporating it into their leave policies.
Best Money Moves
MARCH 11, 2024
In fact, according to Forbes Advisor , 40% of employers believe that workers would leave their current jobs to find employment that offers better benefits. The study from Forbes Advisor shows that 67% of employees and 68% of employers believe healthcare to be the most important benefit.
Vantage Circle
NOVEMBER 30, 2022
According to Glassdoor's 2015 Employment Confidence Survey : 60% of people report that benefits & perks are a major factor in considering whether to accept a job offer. Paid Time Off (PTO). Offering paid time off— or PTO— can be a great extrinsic reward for those companies. Fringe Benefits.
Business Management Daily
DECEMBER 10, 2020
Organizations must understand the legal requirements, how to handle employees who travel, and the impact their PTO policy may have on employee safety. Review paid leave rules. This sick leave is paid at 66% of their regular rate of pay, up to $200 a day. Holiday travel strategies for employers.
HR Digest
MAY 22, 2021
It encompasses everything of value, monetary and otherwise, that an employer provides in exchange for the work you do. What can be included in the total compensation plan varies depending on the employer and position, but here are the most common pieces: Salary/hourly rate. Relocation expenses. Career-advancement opportunities.
International Foundation of Employee Benefit Plans
NOVEMBER 3, 2022
employers and found. Read more > The post 68% of Employers Are Planning Salary Increases for 2023 appeared first on Word on Benefits. Organizations are planning salary increases and closely examining their total rewards packages for the year ahead in response to changing workforce demands.
UpstartHR
JANUARY 18, 2016
The Prevalence of Unlimited PTO Plans The 2015 SHRM Benefits Study, an annual report examining the nitty gritty details of benefit plans, pointed out that between >1% and 2% of employers are offering unlimited paid leave plans. Often times they have generous leave policies already. Many, many hours.
International Foundation of Employee Benefit Plans
FEBRUARY 9, 2023
Read more > The post <strong>Fertility Benefits Rapidly Rising as Employers Look to Attract and Support Talent</strong> appeared first on Word on Benefits. Fertility and family-forming benefits are top of mind for many organizations as they reevaluate benefit packages for the year ahead.
Business Management Daily
JUNE 20, 2022
Is there such a thing as pregnancy disability leave ? The nature of the person’s work, her individual employer, and the state in which she lives all influence what ends up happening. Reasonable accommodations may enable employment to continue. Some women use accumulated PTO such as vacation time or sick leave in such instances.
Winston Benefits
MAY 22, 2018
According to a survey by the National Association of Colleges and Employers, the top two benefits among graduates entering the workforce are more than two weeks of vacation and tuition reimbursement for advanced education. The company does not have a formal PTO policy. What All Employers Should Do.
Insperity
OCTOBER 1, 2024
At higher risk for leaving the company. And employment has an effect on nearly aspect of a person’s wellness, including: Basic financial benefits of a paycheck and benefits. Increased paid time off (PTO) and alternative forms of paid leave. Flexibility at work may include: Remote or hybrid work options.
15Five
MAY 23, 2024
Employee handbooks often include essential legal information as well, meant to protect organizations from liability while making new employees fully informed about the specifics of their employment. This is because your handbook will usually include important legal disclaimers, like whether you’re offering at-will employment or not.
Business Management Daily
SEPTEMBER 16, 2019
Taken all time in her Paid Time Off (PTO) bank? Used every bit of earned time off for vacation, sick or personal leave? You may still owe her more leave as a reasonable accommodation. Employers must know all federal, state and local leave laws. Employers must know all federal, state and local leave laws.
Insperity
APRIL 7, 2020
The FFCRA: Provides federally mandated emergency paid sick leave Expands the federal Family and Medical Leave Act (FMLA) and provides emergency provisions for coverage and eligibility Expands unemployment insurance benefits Provides employer tax credits to qualifying employers for certain costs related to the implementation of this law.
Insperity
MARCH 12, 2024
In exchange for this benefit, employees give up their right to sue their employer over their work-related injury, regardless of which party is at fault. Many employers match their employees’ contributions to boost their savings. Most employers offer their employees PTO – usually between 10 to 14 days per year at minimum.
Genesis HR Solutions
AUGUST 16, 2021
In 2015, Massachusetts enacted legislation that requires all employers with more than 10 workers to provide paid sick leave. Employers with 10 or fewer employees will be required to allow their employees to earn and use up to 40 hours of unpaid sick leave. Mass Sick Leave Act FAQs. Is PTO considered wages?
Genesis HR Solutions
AUGUST 16, 2021
In 2015, Massachusetts enacted legislation that requires all employers with more than 10 workers to provide paid sick leave. Employers with 10 or fewer employees will be required to allow their employees to earn and use up to 40 hours of unpaid sick leave. Mass Sick Leave Act FAQs. Is PTO considered wages?
Business Management Daily
JUNE 5, 2024
However, limited parental leave options in the United States often hinder them. Currently, only 27% of American workers employed in the private sector have access to paid family leave. However, some states have different laws or programs offering eligible employees paid leave.
Abel HR
APRIL 28, 2021
Federal laws stipulate that employers should follow workers’ compensation laws. Plus, employers should pay taxes which will help pay Medicare and Social Security. Other than that, employers will also pay unemployment taxes, which employees will receive when they’re unemployed. Required Benefits Employees Must Receive.
Business Management Daily
AUGUST 26, 2020
What can employers do to improve the situation and help staff members feel that they don’t have to choose between work and family? Encourage the use of PTO (paid time off) to rejuvenate now rather than saving all days for later when a “real” vacation involving travel might be possible. Offering support.
Business Management Daily
JUNE 22, 2020
Upshot: Even if you’re off the hook to provide paid leave under federal law, you may still be required to provide it under state law. He also noted Maine (beginning next January) and Nevada have paid sick leave laws that are the equivalent to PTO—employees don’t need much of a reason to call in sick.
Business Management Daily
DECEMBER 16, 2019
What to do now: Employers should take steps now to adjust their regular rate calculations to the new criteria laid out in these regs. Cash payments for unused paid leave, including paid sick leave. Reimbursements for expenses that aren’t incurred solely for the employer’s benefit. New excludable payments.
Insperity
AUGUST 9, 2016
Another cost-conscious option for small businesses is to join a professional employer organization (PEO), which can provide employees with health coverage under a PEO-sponsored health plan, relieving you of the administrative costs of offering your own health plan. employer contributions to insurance benefit premiums).
Business Management Daily
JANUARY 12, 2022
Nonexempts don’t need to be paid if they’re not working, including those who come in late or leave early. They can use accrued paid leave if they have any. PTO banks, however, change this landscape considerably. The salient one here allows you to dock exempts’ pay for a full day if they stay home and don’t work.
Genesis HR Solutions
OCTOBER 18, 2023
As employers and HR departments vie for the best and most talented employees—both to hire and retain—new and updated types of benefits are being added to benefits lists. One benefit I’ve seen offered by more and more employers is a sabbatical leave for tenured employees. What is a sabbatical leave?
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.
Insperity
MAY 19, 2022
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. Increase paid time off (PTO). Summing it all up.
International Foundation of Employee Benefit Plans
APRIL 26, 2022
Many employers are starting to realize that flexibility will affect the future. Read more > The post Five Challenges Paid Time Off Could Help Solve appeared first on Word on Benefits. In 2022, employees expect their benefits to address flexibility as much as they expect health and retirement benefits.
HR Digest
JANUARY 21, 2019
But considering the position of dads in the family as the leading force of provision, employment obligations have impenitently relegated dads to second-class citizens in the lives of their children. These employment conditions may be crucial in choosing organizations to work for, mostly for new dads.
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