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New Trends in Workplace Benefits: What Employees Want

HR Digest

Employees want support for their financial goals, such as retirement planning or debt reduction. Employers who offer financial wellness benefits, such as financial education, 401(k) contributions, or student loan repayment assistance, can attract and retain top talent while improving employee financial well-being.

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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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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

Meeting Legal And Ethical Obligations: Certain benefits, such as health insurance, retirement plans, and paid time off, may be required by law in many jurisdictions. Retirement Benefits Retirement benefits are critical to an employee's compensation package, providing financial security in their post-work years.

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What Are Fringe Benefits and Are They Taxable?

HR Digest

Something as serious as retirement planning assistance could just as soon be a benefit as providing a gym membership for employees who want to work out. Paid time off (PTO) , travel reimbursement, tuition reimbursement, menstrual leave, and childcare assistance are some common types of fringe benefits.

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Examples of fringe benefits by category

Business Management Daily

Fringe benefits generally cover needs such as: Health and wellness Retirement planning Time off and vacation Financial offerings Work-life balance Company-sponsored fixtures and events Professional development Let’s take a look at what’s included in each category. However, there are a few categories into which they usually fall.

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A Generational Overview of Employee Benefits

Benefit Resource Inc.

Some examples of benefits that would appeal to this generation include: Telecommuting options Paid parental leave Adoption assistance Gym memberships. Some examples of benefits that would appeal to this generation include: 401(k) matching programs Health benefits with multiple coverage options Job flexibility.

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Beyond health insurance: Innovative employee benefits that attract and retain talent

Higginbotham

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. Netflix also provides generous parental leave and unlimited access to medical, dental and vision benefits.