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Rethinking Employee Benefits Package: Why Personalization is the Key?

Empuls

On the flip side, personalized benefit packages fully rely on the inputs, painpoints and needs of your potential workers or existing employees. When you offer a listening ear and respond with a tailored benefits package, you don’t need to be worried about losing your most skilled employee.

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The pros and cons of an unlimited PTO policy

Business Management Daily

A good employee benefits package may have included a week or two of vacation time and a set number of paid sick days. 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? Fast-forward to today.

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Benchmarking Employee Benefits: How Do You Compare?

Stratus.HR

Benchmarking Employee Benefits: Paid Time Off (PTO). Nearly all employers that participated in this survey (99%) indicated they offer PTO in some capacity. With the pandemic nearly in hindsight, many employers are now evaluating changes to their PTO programs. Benchmarking Employee Benefits: Recruiting and Retention.

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Why every business should offer floating holidays

Business Management Daily

Companies are always looking for ways to improve their employee benefits packages to best attract top talent. Adding floating holidays as an extra perk in your benefits package can help you accomplish both of these goals, and help your employees achieve a better work-life balance. What is a floating holiday?

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Mandatory vacation time for employees: 6 pros and 6 cons

Insperity

Paid time off (PTO), where vacation and sick time are all lumped into one bucket, is a standard employee benefit in many companies today. Typically, a mandatory PTO program takes the form of an annual time-off minimum. Of course, employees can take longer stretches if they have the available PTO and manager support.

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Practical answers to 8 FAQS about floating holidays

Insperity

Is a floating holiday really necessary to attract and retain top talent – especially if you already offer a robust benefits package? Do you track floating holidays the same way you track PTO? These are all valid questions that will arise when you consider adding a floating holiday to your employee benefits package.

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Types of Employee Leave

BerniePortal

Accrual Bank - Time is accrued based on a predetermined schedule, typically monthly or quarterly. Unlimited PTO - This approach is far less common, but is growing in popularity as employees are seeking a higher level of work/life balance. Part-time employees rarely benefit from paid holidays. Parental and Maternity Leave.