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People over perks: Bridging employee benefits with strong HR

Insperity

Add health savings accounts and flexible spending accounts. In response, savvy companies are finding ways to become not merely more flexible, but also more family friendly, to accommodate evolving employee preferences and needs for family support. Examples: Parental leave (including adoption or foster leave).

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17 Items That Need To Be Included In Your Employee Handbook

Genesis HR Solutions

Parental leave This section in your handbook should spell out your policy on parental leave. For Massachusetts employers, this is a must-do; other states have similar requirements for parental leave statements as well. It covers things including hospital and doctor visits, surgeries, and prescriptions.

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Cummins signs menopause workplace pledge

Employee Benefits

.” Cummins also offers its employees a pension scheme, medical, dental and life Insurance, a profit share scheme, healthcare benefits, parental leave, adoption assistance, flexible-working arrangements, a flexible spending account and an employee share purchase scheme.

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Parental and Family Leave Programs Increased in 2023 

HR Professionals Magazine

Survey Results Over one-third (39%) of organizations now offer paid parental leave, a six-point percentage increase from 2022. Paid maternity and paternity leave increased by five percentage points from the previous year and are currently provided by 40% and 32% of employers, respectively.

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How Employee Perks Can Help Companies in the US

Vantage Circle

Paid parental leave, support for fertility-related expenses, and assistance with adoption or surrogacy costs are also part of the benefitws plan. A perk like paid parental leave is no longer just a nice-to-have perk anymore. Flexible Spending Accounts (FSAs) emerge as a savvy perk, offering employees a financial win-win.

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What employees expect from benefits packages

Business Management Daily

Employers also may want to explore benefit plan additions such as: Flexible Spending Accounts. Flexible employee schedules/work-from-home options. DCFSAs: Dependent Care Flexible Spending Accounts (setting aside pre-tax dollars from an employee’s paycheck to use toward paying daycares, preschools, nannies, etc.).

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Beyond health insurance: Innovative employee benefits that attract and retain talent

Higginbotham

However, when the organization provides basic support, such as on-site childcare assistance, childcare facilities, backup childcare services or flexible parental leave policies, these affordable benefits can make a significant difference in helping employees manage their family responsibilities while excelling at work.