How employers are bringing more benefits to working parents
Employee Benefit News
SEPTEMBER 19, 2024
Employers are updating parental leave policies and adding supplemental child disability insurance to help support parents.
Employment Insurance Benefits: What You Need to Know for 2025
International Foundation of Employee Benefit Plans
JANUARY 7, 2025
Here is what you need to know regarding Employment Insurance benefits in 2025. The Employment Insurance (EI) program provides temporary income support to unemployed workers while they look […] The post Employment Insurance Benefits: What You Need to Know for 2025 appeared first on Word on Benefits.
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More Than a Benefit: Group Medicare and the Psychology of Retirement
Trending Sources
Impact.com launches global parental leave policy
Employee Benefits
JANUARY 6, 2022
Partnership management platform Impact.com has introduced a new global parental leave policy that outlines the enhanced support available to employees. Shared parental leave will also be offered to UK-based staff while employee assistance programmes will provide confidential counselling, advice and support 24 hours a day.
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4 Countries with the Best Parental Leave Laws
Global People Strategist
MARCH 22, 2021
A country’s parental leave policy is often a reflection of how the country views gender equality. By dividing responsibilities between both parents, a country encourages gender equality and breaks free from traditional gender roles. Here are four countries with the best parental leave policies in the world: 1.
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STUDY: Less Negative Spillover of Paid Parental Leave than Hyped
HR Digest
JANUARY 11, 2020
Individual countries follow their own rule in determining the duration and wage factor of such leaves. The economic effects of parental leave on families, mothers, and children have been studied, but very few studies have been done on the economic effects of parental leave on firms and businesses. “No
Why I Don’t Believe in Parental Leave Requirements
UpstartHR
AUGUST 10, 2015
My friend Lance Haun wrote last week about why he thinks we should fight for legislating parental leave in the US. That’s what started the ball rolling for me to leave that company and find an employer who did offer me some flexibility to support my family, whether financially or by being there physically for them.
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3 Reasons to Boost Your Employee Benefits Offerings in 2020
Achievers
DECEMBER 16, 2019
That’s the case for any employee benefit, from time off to healthcare to flexible work arrangements to workers’ comp insurance. Naturally, most businesses can’t afford the king suite of benefits—unlimited PTO, free insurance, etc. Health insurance. Some paid parental leave. Retirement savings account.
RSA Insurance to introduce equal parental leave
Employee Benefits
NOVEMBER 15, 2023
RSA Insurance is to introduce equal parental leave from January 2024 in order to add to its family-friendly provision. The new policy will offer all parents up to 52 weeks of equal leave, 26 of which will be fully paid. It
Moody’s introduces global parental leave
Employee Benefits
JULY 2, 2024
Credit: Dariusz Gryczka / Shutterstock.com Financial services firm Moody’s has launched a global parental leave policy for its more than 15,000 employees worldwide. Maral Kazanijan, chief people officer at Moody’s, said: “Our new parental leave is more than just a policy, it’s a tangible way we live out our values.
Nike doubles parental leave benefit for all US employees
Employee Benefits
JUNE 24, 2024
Sports retailer Nike has announced that it has doubled its parental leave benefit for all of its employees based in the US as of this month. As of 1 June, it has increased its paid parental leave benefit from eight to 16 weeks, to allow workers time to bond with their child after birth, adoption or foster placement.
QBE North America enhances paid parental leave programme
Employee Benefits
MAY 16, 2024
Credit: rafapress / Shutterstock.com Global insurance firm QBE North America has enhanced its paid parental leave programme to a minimum of 12 weeks for all parents whether they adopt, give birth, foster or use a surrogate.
Hassell enhances parental leave benefits
Employee Benefits
SEPTEMBER 26, 2023
Global architecture firm Hassell has enhanced its parental leave benefits in order to pave the way for a more balanced and inclusive workforce. Effective now, the comprehensive parental leave policy offers 16 weeks of paid leave to all parents, irrespective of their role as primary or secondary carers.
Fringe Benefits: A Guide to Understanding and Leveraging Employee Perks
HR Digest
MARCH 12, 2025
These perks, often discretionary, supplement an employees paycheck and can range from health insurance to gym memberships, company cars to childcare assistance. Think medical, dental, and vision insurance, often supplemented by wellness programs like mental health support or fitness stipends. Compliance is non-negotiable.
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Paid parental leave options: Understanding your rights
Business Management Daily
JUNE 5, 2024
Parents need time off to care for and bond with their latest addition. 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. Paid Parental Leave is what?
Standard Chartered enhances global parental leave benefits
Employee Benefits
AUGUST 30, 2023
Credit: MOZCO Mateusz Szymanski / Shutterstock.com International banking group Standard Chartered has enhanced its global parental leave benefits to allow working parents to undertake more equitable caregiving responsibilities. If we take a stand together, we can build a movement that creates a more inclusive society.”
Abercrombie and Kent Travel Group launches paid global parental leave policy
Employee Benefits
MAY 8, 2024
Global travel business Abercrombie and Kent Travel Group has introduced a paid global parental leave policy in order to create a more diverse and inclusive workplace culture. We are incredibly proud to be at the forefront of the travel industry in offering this progressive parental leave package.
Employee value proposition in action: Compelling real-world examples
Business Management Daily
AUGUST 12, 2024
It encompasses the tangible and intangible benefits your organization provides employees, from standard benefits like pay and health insurance to broader benefits like a positive working environment and work-life balance. Benefits Employees seek basic benefits such as solid health, vision, and dental insurance options.
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IAG New Zealand introduces new parental leave package
Employee Benefits
MARCH 3, 2022
Insurance firm IAG New Zealand (NZ) has launched a new parental leave package to support new parents. The package, which is gender-neutral, includes 14 weeks of paid leave at full pay for the primary caregiver, on top of the current New Zealand government paid leave allowance of 26 weeks.
Irish government to extend parent’s leave benefit allowance
Employee Benefits
JULY 22, 2024
It is paid by the Department of Social Protection at a rate of €274 per week for employees who made sufficient prior social contributions into the national Social Insurance Fund. It is separate from parental leave, which is unpaid for 26 weeks, and can be taken for each eligible child before their 12th birthday.
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An In-Depth Look at Norway’s Progressive Parental Leave Policies
Global People Strategist
JULY 25, 2023
Policy movements such as these have been enacted mainly because a growing number of bodies, besides the International Labor Organization, have started to recognize that providing parental leaves to both fathers and mothers following the birth of a child can benefit the parents and children.
Top 10 Employee Retention Strategies for 2022
HR Lineup
MARCH 3, 2022
You can consider healthcare insurance premiums, sick and parental leaves, etc., Employee benefits is an essential factor in a compensation scheme as this is one of the elements employees consider when seeking new jobs. based on what your business can afford.
Citigroup enhances parental leave for US and Puerto Rico employees
Employee Benefits
JUNE 5, 2024
Investment bank and financial services firm Citigroup has enhanced its parental leave and introduced a new caregiver leave initiative for its employees based in the US and Puerto Rico. The post Citigroup enhances parental leave for US and Puerto Rico employees appeared first on Employee Benefits.
Top tips to help new parents stay in control of their finances
Employee Benefits
JANUARY 19, 2023
Expecting a baby and planning maternity or parental leave is an exciting time, but it is also important to consider the financial impact that a new arrival can bring. As the cost of living crisis continues, it is now more important than ever that new parents understand how their finances will be affected and what actions they can take.
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20 Best Company Perks for Employees
Empuls
AUGUST 27, 2024
Unique benefits—such as extended parental leave, mental health support, or student loan repayment assistance—signal to potential hires that the company values them as individuals, not just for their output. Netflix is known for its unlimited vacation policy, flexible work hours, and comprehensive parental leave options.
Employee Perks at Companies: How Top Firms Attract and Retain Talent
Empuls
AUGUST 30, 2024
While traditional benefits include health insurance, retirement plans, and paid time off, perks are often more varied and tailored to improve employees’ overall work experience. On-site childcare : Providing on-site childcare facilities helps parents manage their work and family commitments more effectively.
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Employee Benefits Providers: What Employers Need to Know
Empuls
AUGUST 28, 2024
These providers handle the complex tasks of negotiating with insurance companies, managing enrollment processes, and ensuring compliance with regulations. They help identify the most suitable benefits, such as health insurance, retirement plans, and wellness programs.
Employee Perks at Companies: How Top Firms Attract and Retain Talent
Empuls
AUGUST 30, 2024
While traditional benefits include health insurance, retirement plans, and paid time off, perks are often more varied and tailored to improve employees’ overall work experience. On-site childcare : Providing on-site childcare facilities helps parents manage their work and family commitments more effectively.
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Freepik takes flexible approach to supporting working parents in Spain
Employee Benefits
APRIL 24, 2023
Both this and the 16 weeks paid parental leave policies are designed to give maximum flexibility to our employees with families. “If [an employee] needs to take [their] child to the doctor within the mandatory working hours of between 10am and 1.30pm, it counts as working hours if they present a doctor’s note,” she says.
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The benefits offered by Fox Agency
Employee Benefits
JUNE 28, 2023
Life insurance. Private medical insurance for senior leadership scheme, employer paid. Enhanced parental leave, sick leave and bereavement leave. Personal nutrition programmes and training plans. Free eye test voucher. Educational lunch and learns focused on wellbeing. Birthdays off.
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Eight Key Trends In Staff Benefits Programs In 2025
Empuls
DECEMBER 24, 2024
These benefits range from health insurance to retirement plans, paid time off (PTO), and wellness programs. Some of its key components include: Health insurance: Covers medical expenses. Some of its key components include: Health insurance: Covers medical expenses. Retirement plans : Helps employees save for the future.
RSA Insurance provides flexible working to support employee childcare needs
Employee Benefits
MARCH 11, 2024
Multinational insurer RSA Insurance meets the childcare needs of its working parents through its flexible-working policy and other related benefits. RSA Insurance reviews its flexible-working policy and procedures on a regular basis to ensure that it is following relevant legislation and best-practice guidelines.
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12 Employee Perks That Help Your Company Win in India?
Vantage Circle
AUGUST 2, 2023
Health Insurance Health benefits are offered by 58% of companies, making them the most common perk. Companies can tie up with health insurance providers to offer comprehensive health insurance packages to their employees. How to offer: There are many health insurance providers in India. Frequently Asked Questions 1.
Comprehensive Guide to the Best Employee Benefits Options for 2024
Empuls
AUGUST 27, 2024
Health insurance Arguably, this is the most important prerequisite of a good benefits package. This would include comprehensive health insurance that covers doctor visits, stays at the hospital, the cost of prescription drugs, and preventive care. Types of benefits 1. Examples of leading companies 1.
Employee Mental Health Leave Requests Skyrocketing
InterWest Insurance Services
APRIL 18, 2024
Many employees can’t afford to see a doctor or counselor, even with insurance. Offer mental health or sick day leave. Employers nationwide are responding to the employee mental health crisis by expanding their leave programs. Work to reduce unrealistic deadlines, spread the workload and maintain adequate staffing levels.
The Complete Guide to Flexible Benefits
Pacific Prime
MARCH 9, 2023
Parental leave for the millennial that’s decided never to have kids? Student loan benefits for baby boomers? Retirement planning for gen Z’ers? These are the dilemmas that many employers are now facing.
Enhancing Employee Retention through Perks and Benefits
HR Digest
MARCH 31, 2023
These can include on-site fitness facilities, gym memberships, health insurance, and mental health support programs. These can include generous vacation time, paid time off for volunteer work, parental leave, and retirement savings plans. Another important benefit that companies can offer is health and wellness programs.
Extrinsic Motivation at Work: How Rewards Drive Workplace Success
Empuls
SEPTEMBER 26, 2024
Knowing that their job is stable or that they have access to health insurance, paid time off, or retirement plans can encourage employees to perform better. In addition to financial perks, Salesforce is known for its robust benefits packages, which include health insurance, generous parental leave, and wellness stipends.
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Great perks and benefits that build company culture
HR Digest
APRIL 12, 2021
Some companies give parental leaves to both mom and dad. The same leave can be utilized if some family member needs care due to medical reasons. According to the annual benefits survey of 2019 by The Society for Human Resource Management, 34 percent of employers offer paid maternity leave to women. Family time.
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Two Neighboring States Recently Joined a Growing Movement to Provide Paid Family Leave
McNees
MAY 25, 2022
Delaware’s new law creates a statewide insurance program for paid parental, family caregiving, and medical leave funded through employer and employee contributions. Employers with at least 25 employees in Delaware during the prior 12-month period must provide eligible employees with a maximum of 12 weeks of job-protected leave.
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Beyond health insurance: Innovative employee benefits that attract and retain talent
Higginbotham
OCTOBER 5, 2023
In today’s increasingly competitive job market, offering a basic health insurance package is no longer enough to attract and retain top talent. The Evolution of Employee Benefits Employee benefits have come a long way since the days of basic health insurance coverage with a savings retirement plan thrown in.
Pregnancy disability leave — who and what are covered
Business Management Daily
JUNE 20, 2022
Women needing to take time off also may be eligible for pregnancy disability leave (PDL) if no longer able to perform job duties because of pregnancy-related medical conditions. This type of short-term disability insurance coverage may come directly from an employer as part of its benefits package. The Family and Medical Leave Act.
What in the World? Norway
Global People Strategist
OCTOBER 10, 2021
In this country, parents receive generous paid parental leave! The parental leave benefit can be shared between both the mother and father and lasts 49 weeks paid at 100% wages with 15 weeks reserved for each parent or 59 weeks at 80% wages which is 6 times the national insurance basic amount annually!
Top 5 reasons to check your payslip
cipHR
NOVEMBER 15, 2021
However, if they have any other form of income, get benefits-in-kind from their employer (health insurance, life insurance or a company vehicle etc) or claim tax relief for any other reason, it will affect this tax code. Is your National Insurance (NI) number correct? National Insurance (NI) category letter.
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How will the ‘Great Resignation’ change employees attitudes to employee benefits?
Employee Benefits
JANUARY 4, 2022
According to the Re:Me research, published in November 2021 by life insurance firm Metlife, 54% of employees are considering leaving their jobs in the next 18 months, while staffing platform Indeed Flex research, from October 2021, found 45% of HR directors are already facing hiring challenges.
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