Remove Employment Remove Paid Vacation Remove Parental Leave
article thumbnail

3 Reasons to Boost Your Employee Benefits Offerings in 2020

Achievers

Yet many business owners today still seem hesitant to invest in better coverage or more paid vacation hours to woo new talent. The recession created an employer’s market where employees often had to settle for “good enough” when it came to their benefits. At a minimum, you should be able to check a few of these: Paid time off.

article thumbnail

Why Paid Parental Leave And Generous Paid Time Off Benefit Everyone

15Five

Did you know that the United States is the only developed nation that offers zero federally mandated paid parental leave? Forget for a moment that this is a critical time for both parents to bond with their child, paid parental leave is also in the best interests of your company. Click To Tweet.

Insiders

Sign Up for our Newsletter

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

article thumbnail

How to Turn a New Company Policy from Negative to Positive

HR Bartender

We were offering new employees three weeks of paid vacation, which is comparable to what local companies with which we compete for talent were offering. For example, many companies adopt unlimited vacation policies not out of the goodness of their hearts but to save money. For large employers, it can add up to $2 – 3?million

401(k) 146
article thumbnail

Employment Benefits in Sweden

Global People Strategist

Innovation, equality, and sustainable business practices are just a few reasons why Sweden has become one of the most appealing countries for employment all over the world. Employment Benefits in Sweden. 1) Leave Policies. a) Annual Leave. b) Parental Leave. Employer’s Contributions.

article thumbnail

Top 5 Countries with Best Paid Leave Policies

Global People Strategist

Finland offers long leave policies with 30 days of paid vacation leave days, 10 sick leave days, and 164 days of paid parental leave that can be used by both parents. In addition, parents have the right to transfer 69 days of their leave to the other parent.

article thumbnail

Exploring Medical Leave Laws in America: What You Need to Know

HR Digest

However, there are some laws that protect certain types of leave. For example, the Family and Medical Leave Act (FMLA) is a 1993 labor law that requires employers to provide job protection for employees due to medical reasons beyond their control. It is important to differentiate between medical leave and sick leave.

article thumbnail

What Are Employee Benefits?

Abel HR

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.