article thumbnail

2024 Employee Benefits Trends: Focus on Employee Wellbeing

Best Money Moves

Financial wellness programs are expanding to include personalized financial planning, budgeting tools and educational resources. Other opportunities include student loan assistance, debt management programs, and employee assistance programs that provide financial counseling.

article thumbnail

Boosting Employee Retention with Strategic Perks: Insights from Abel HR

Abel HR

Offering financial wellness programs, such as retirement planning, investment education, and financial counseling, can help employees manage their finances better and feel more secure, leading to higher retention rates.

Insiders

Sign Up for our Newsletter

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

article thumbnail

7 Employee Benefit Trends that are Set to Dominate in 2024

Empuls

  Employee assistance programs (EAPs) provide confidential counseling services to help employees navigate personal and work-related challenges. These programs often cover a range of issues, from stress management to financial counseling.

article thumbnail

How HR Can Help Employees Facing Financial Hardship?

Hppy

These programs not only support individuals in managing their day-to-day finances but also contribute to their long-term financial security. Flexible Compensation and Benefits HR can explore flexible compensation options such as advances on salaries or the ability to cash out unused paid time off (PTO).

401(k) 36
article thumbnail

Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

They provide a sense of security for the future and encourage long-term financial planning.    Paid time off : Generous PTO policies for vacation, sick leave, and personal days allow employees to recharge, manage personal responsibilities, and maintain a healthy work-life balance. 

article thumbnail

How to support working parents at every stage of a child’s life

Insperity

Explain your company’s family leave and paid time off (PTO) policy and how much time they are entitled to take off under the Family Medical Leave Act or equivalent laws at the state level. Flexibility and a generous PTO policy: Work together to find solutions that help parents better achieve work-life balance.