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2024 Employee Benefits Trends: Focus on Employee Wellbeing

Best Money Moves

According to the same Mercer report, at least 80% of companies surveyed allowed the option for some employees to regularly work from home. Hybrid or generally flexible work hours may allow your team to complete tasks at their own pace, which increases productivity.

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New Trends in Workplace Benefits: What Employees Want

HR Digest

Here are some of the new employee benefits regulations that are impacting the workforce: Flexible Work Arrangements With the rise of remote work, flexible work arrangements are becoming increasingly important to employees. Employees want the option to work from home, choose their working hours, or work part-time.

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The pros and cons of an unlimited PTO policy

Business Management Daily

He might have expected a potential employer’s HR department to offer him healthcare insurance or perhaps a retirement plan. He likely, though, would have thought somebody in human resources was pulling his leg if presented with the notion of unlimited paid time off (PTO). What is an unlimited PTO policy?

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Examples of fringe benefits by category

Business Management Daily

Other options like work-from-home stipends and cell phone plans keep existing employees happy, reducing turnover and boosting productivity. Retirement planning For young workers, the future is a rocky place right now. Employers can set themselves apart by offering more PTO and more opportunities for PTO.

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Simple steps to create an employee handbook

Business Management Daily

Remote employees’ home offices do not count as worksites, for FMLA purposes they count towards the worksite that they are assigned work by , so you’ll need to factor that into your employee counts as well. Some policies and procedures will differ for those working from home. PTO policy. Attendance policies.

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

Paid Time Off (PTO). Retirement planning services. A new survey conducted by Fractl found that, after health insurance, employees favor benefits that are relatively inexpensive to employers, such as flexible hours, extra paid vacation time, and work-from-home options. Life insurance. Disability insurance.

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Designing a Remarkable Employee Perks Program that Fuels Success

Vantage Circle

Retirement Plans: Retirement savings are viewed as the most essential benefit by 77% of working Americans. Retirement schemes aim to facilitate the process of employees accumulating funds for their future years after they exit from active work. SHRM ), highlighting the significance of it.