article thumbnail

Employee Benefits: A Key Part of Job Compensation

Money Talk

Others take a “use it or lose it” approach where sick leave cannot be carried forward to future years. Paid Personal Days - This is a third type of fully taxable paid leave. Flexible Hours - According to a recent study, 95% of workers want flexible work hours ; even more so than they want remote work locations.

article thumbnail

Why I Don’t Believe in Parental Leave Requirements

UpstartHR

The big story last week in this world was about Netflix offering a full year of paid leave for new parents. 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.

Insiders

Sign Up for our Newsletter

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

article thumbnail

15 Employee Satisfaction Survey Questions Every HR Needs

HR Digest

Benefits: Companies that offer a web of benefits such as child care, paid leave, health care and 401K contributions promote employees’ productivity, wellbeing and overall health. Working conditions and safety : Workers are protected from accidents and illnesses by a secure and healthy workplace.

401(k) 103
article thumbnail

How to Retain Millennials in the Workplace (+ 10 Strategies to Attract)

Vantage Circle

Workplace Flexibility Millennials prioritize work-life balance more than any generation before them. Things like flexible work environments, including remote work, flexible schedules and unlimited paid leave do but also build trust and autonomy.

article thumbnail

What are Total Rewards: Here’s A Holistic View

Empuls

Employee total rewards are a combination of benefits, compensation, and rewards that employees receive from their organizations, including wages and bonuses, rewards, performance recognition, workplace flexibility, career opportunities, etc. Paid leaves. Workplace flexibility and work-life balance.

Bonuses 52
article thumbnail

Australia’s Fair Work Act

Global People Strategist

These changes promote workplace flexibility and encourage a more streamlined bargaining process. 3. Expansion of Unpaid Family and Domestic Violence Leave From February 1, 2023, employees of non-small business employers (employers with 15 or more employees) can access 10 days of paid family domestic violence leave.

article thumbnail

Navigating employee benefits: A comprehensive guide for growing businesses

Insperity

These could include any number of services or programs that enhance employees’ quality of life and working conditions, ranging from educational assistance to achievement awards and options for greater workplace flexibility, including remote work. Managing employee benefits So, how do you: Select the right benefits for your workplace?