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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. Of course, few would have survived 2020 without it.

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The 4 Best Benefits in 2024, According to Employees

Best Money Moves

Mental health benefits include everything from inclusive paid leave to workplace meditation. Paid time off PTO allows employees to take breaks from their busy schedules and recharge. Making these benefits as inclusive as possible is another factor to consider.

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Paul Wolfe, SVP And HR At Indeed On How To Create A Positive Work Culture

HR Digest

Paul Wolfe: Indeed’s Open PTO policy is successful. Open PTO builds trust and gives our employees a chance to recharge. Primary caregivers are given 16 weeks of paid leave, and secondary caregivers are given 6 weeks of paid leave. Essentially, employees can take any number of vacation or sick days.

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Employee Benefit: A Strategic Investment for Attracting and Retaining Top Talent

Empuls

  Beyond the paycheck: how employee benefit makes them happier  A competitive salary is essential to attract and retain top talent. Comprehensive employee benefit packages are increasingly becoming a deciding factor in job satisfaction and happiness.  This fosters a healthier work-life balance and reduces stress. 

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10 Unique Extrinsic Rewards That Your Employees Will Love In 2023

Vantage Circle

The survey also found that 80% of employees would choose additional benefits over a pay raise. When looking for a new job, any self-respecting employee would look at the complete benefits package. Many of these benefits will comprise something called "fringe benefits." Paid Time Off (PTO).

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How to evaluate the compensation plan?

HR Digest

Paid leave – holiday, vacation, PTO, sick, personal, bereavement, military pay, jury duty, etc. Retirement benefits – include 401(k)/403(b), pension plans, etc. Do the perks and benefits meet your (and your family’s) needs as well? Did you fully understand the benefits program? Employee assistance program.

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Fertility Benefits Rapidly Rising as Employers Look to Attract and Support Talent

International Foundation of Employee Benefit Plans

Fertility and family-forming benefits are top of mind for many organizations as they reevaluate benefit packages for the year ahead. Read more > The post <strong>Fertility Benefits Rapidly Rising as Employers Look to Attract and Support Talent</strong> appeared first on Word on Benefits.