Employee Benefits
FEBRUARY 12, 2024
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.
McNees
MAY 25, 2022
To be eligible for the leave, employees must have worked at least 680 hours over the 12-month period before the leave begins. Employees also must exhaust all voluntarily provided paid leave before taking paid leave under this law. Employers with 10 to 24 employees only need to offer parental leave.
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Employee Benefits
JULY 13, 2023
The brand conducted a global analysis of gender pay equity in 2021 and is committed to eliminating any disparities through initiatives by 2025. Gucci received certification as a result of its commitment to gender parity and its three-year strategic plan that is aimed at implementing actionable initiatives that champion equality.
Employee Benefits
MARCH 11, 2024
This will be introduced in stages, with 15 hours of free childcare available from April to parents with two-year-old children and from September for those with children aged nine months and above. It will then be extended to 30 hours for those with a child aged under five in September 2025.
HR Digest
MAY 19, 2021
Bank of America on Tuesday announced it was increasing its minimum wage to $26 an hour by 2025, according to chief executive Brian Moynihan. In the last few weeks, America’s biggest financial institutions and corporations announced a minimum wage increase in a bid to attract workers. In 2017, BoA raised its minimum wage to $15 an hour.
Higginbotham
JANUARY 4, 2024
In fact, Forbes estimates that by 2025, Generation Z workers will make up almost a quarter of the workforce. In addition to these, companies can offer more traditional benefits like health insurance , parental leave, dental and vision insurance, student loan assistance and life insurance.
Hppy
FEBRUARY 13, 2023
With 75% of the expected workforce to consist of millennials in 2025, it is crucial to align the work environment with the major norm. With this increased competition, companies need to realize that creating a positive work environment is key to attracting top talent. But not to forget the other 25% as well.
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