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Benchmarking Employee Benefits: How Do You Compare?

Stratus.HR

Beyond adding more available time to PTO bank accounts, these revisions also include separating out PTO as two distinct categories of vacation time and sick days. 45% – Offering greater workplace flexibility. Of course, few would have survived 2020 without it. 38% – Expanding benefits offerings.

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How to retain employees and thrive during the Great Resignation

Insperity

This is why many companies are becoming flexible workplaces , offering such work arrangements as: Options for 100% remote work Hybrid work (employees have demonstrated a willingness to come to the office when it’s justified and the reasoning is communicated well) Flexible schedules Shortened work weeks Flexible or unlimited paid time off (PTO).

PTO 103
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The Millennial Turnover Problem in the Financial Services Industry

Hppy

According to a Compdata survey, the Banking & Finance industry has an 18.6 Millennials also look for more workplace flexibility, choosing workplaces that provide options for work environments, work hours, and benefits. percent turnover rate , which is one of the highest among all industries. Reputation.

Banking 54
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A Comprehensive Guide to Total Rewards (And How to Master It)

Vantage Circle

Recommended Read: 15 Types Of Employee Benefits That Won't Break The Bank Characteristics of A Total Rewards Program. The need for more flexibility and freedom of work has prompted many firms to embrace this new culture. Workplace flexibility is a benefit in itself, especially when employees seek to balance their work and family lives.

IT 52