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Should I Offer Unlimited PTO—Or Is It A Trap?

Genesis HR Solutions

Then offer an out-of-this-world paid time off (PTO) plan. It’s a well-known fact that PTO draws employees in. An appealing PTO policy acts as bait when recruiting, giving you something to advertise and something to brag about. But offering unlimited PTO is, in my opinion, a mistake for most employers—here’s why.

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Employee wellbeing: How to keep employees happy and healthy 

Achievers

Organizations can promote physical health by implementing wellness programs , covering the cost of gym memberships, and providing health education services. This involves educating your workforce — and especially leaders — on the impact employee recognition can have.

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4 ways to rethink workplace wellness

Employee Benefit News

From providing education around cannabis use, to rethinking PTO policies, employers should get creative with their wellness strategies.

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2024 Employee Benefits Trends: Focus on Employee Wellbeing

Best Money Moves

Financial wellness programs are expanding to include personalized financial planning, budgeting tools and educational resources. Expanded opportunities for PTO Employee expectations for time out of office are moving far beyond standard PTO. Offering a wide range of interactive benefits helps employees.

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3 Impacts of Employee Student Debt in 2024

Best Money Moves

The Education Data Initiative estimates that there are more than 43 million student borrowers in the United States, with an average debt balance of $37,718 per borrower. The average monthly employee student debt payment for graduates is about $500, according to more data from the Education Data Initiative.

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10 lesser-known types of employee leave to consider

Insperity

Adult literacy leave For workers in certain industries, California has a law stating that employers must reasonably accommodate employees who disclose their illiteracy and request employer assistance to enroll in an adult literacy education program, providing the accommodation does not impose a hardship on the employer.

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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.