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Nike doubles parental leave benefit for all US employees

Employee Benefits

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.

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Citigroup enhances parental leave for US and Puerto Rico employees

Employee Benefits

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.

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The Complete Guide to Flexible Benefits

Pacific Prime

Retirement planning for gen Z’ers? Parental leave for the millennial that’s decided never to have kids? Student loan benefits for baby boomers? These are the dilemmas that many employers are now facing.

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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

Mercer’s 2023 Health and Benefits Strategies report shows that many employees are looking for benefits packages that include parental leave, adoption leave and elder caregiver leave. A retirement plan allows employees to build a financial safety net as they work, saving money over their careers.

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What actions can employers take to close the gender pensions gap?

Employee Benefits

More employers could introduce gender inclusive paid parental leave to prevent and try to close gender pension gaps. In order to combat this and prevent pension gaps from worsening, employers can offer gender inclusive paid parental leave to help employees share caring responsibilities from the beginning.

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Are Employees Coming Back to Work Expecting Improved Benefits?

COMPackage

Benefits: Health insurance, retirement plans, paid time off, and other perks. Work-life balance: Flexible schedules, remote work options, and parental leave. Financial security: Retirement savings plans, such as 401(k)s with employer matches, are essential.

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Building Understanding Ahead of Open Enrollment Across Generations

PeopleStrategy

What Each Generation Typically Looks For Baby Boomers (born 1946-1964) are approaching retirement age, so their benefit preferences may focus more on retirement plans, health coverage, and financial security. Customizable Health Plans: Provide a range of health insurance plans with different coverage levels and costs.

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