New PTO policies signal the future of employee benefits
Employee Benefit News
JULY 5, 2023
Company-wide vacations, PTO minimums and paying employees to get off the grid are emerging amid the emphasis on personalization.
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Employee Benefit News
JULY 5, 2023
Company-wide vacations, PTO minimums and paying employees to get off the grid are emerging amid the emphasis on personalization.
International Foundation of Employee Benefit Plans
FEBRUARY 8, 2024
Whether it was the stellar halftime performance, a fourth-quarter Hail Mary, or the overload of chips and guacamole, employees may struggle to go the extra mile (or yard) on Super Bowl Monday.
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Creating a Company Culture of Care: Integrating Mental Health, Wellbeing, and DEI in Benefits
HR Digest
JULY 7, 2022
Unlimited PTO is one of those workplace policy perks that is currently getting some attention globally. The term “unlimited PTO” simply stands for “Unlimited Paid-Time-Off.” Unlimited PTO is becoming a thing for a lot of companies. Employees enjoy having this flexible vacation policy. What is Unlimited PTO?
HR Bartender
OCTOBER 19, 2017
At this year’s WorkHuman Conference , pioneered by Globoforce, I learned about a new employee benefit called social justice PTO. We’re familiar with the concept of PTO (paid time off). Instead of employees having vacation days, sick days, etc., Well…they can, the question is will it benefit them.
Best Money Moves
DECEMBER 5, 2023
2024 Employee benefits trends: Focus on employee wellbeing. The right benefits strategy is key to employee satisfaction. Here are the top 2024 employee benefits trends. Employee benefits are a driving force keeping your workforce satisfied. 4 Top 2024 Employee Benefits 1.
Employee Benefit News
APRIL 5, 2024
The manager of behavioral health at Sedgwick encourages workers to use up all of their PTO.
PeopleKeep
OCTOBER 12, 2022
As an employer looking to hire new talent or retain your existing employees, it’s important to offer fringe benefits including paid time off, also known as PTO. Offering PTO is a crucial element of a healthy and attractive workplace. When employees take PTO, productivity is increased and burnout is reduced.
BetterUp
NOVEMBER 28, 2022
What is an unlimited PTO policy? Positives and negatives of unlimited PTO. How to use unlimited PTO. Jump to section. Take off to better work-life balance.
International Foundation of Employee Benefit Plans
JULY 26, 2022
Unlimited paid time off (PTO): the benefits trend that has rapidly grown, especially in the wake of a global pandemic. Read more > The post Unlimited PTO—Surprise! appeared first on Word on Benefits. How exactly are employers able to offer a limitless vacation. It’s Not Unlimited.
International Foundation of Employee Benefit Plans
JUNE 2, 2023
Whether it’s a family road trip with fruit snacks and beef jerky, getting another stamp or two on your passport, or enjoying your own community with a staycation, time off is a hot topic for many employees across the United States as […] The post Hot Summer Topic—PTO and Vacation Benefits appeared first on Word on Benefits.
Griffin Benefits
JUNE 19, 2023
As an employer, it is crucial to consider the diverse needs and preferences of the workforce when designing a Paid Time Off (PTO) program. RECOGNIZING NATIONAL HOLIDAYS National holidays are a fundamental part of any PTO program. They provide a sense of unity and allow employees to celebrate shared cultural heritage.
Business Management Daily
JULY 12, 2021
Even the most dedicated employees need a break sometimes. Paid time off is an essential component of your employee benefits and compensation package. As such, your PTO policy will be one of your most important company policies. Types of PTO. A list of paid holidays should be included in the employee handbook.
International Foundation of Employee Benefit Plans
JANUARY 24, 2023
Read more > The post <strong>Paid Vacation/PTO Offerings—Time to Check Those Balances!</strong> </strong> appeared first on Word on Benefits. The calendar flipped from December to January, setting off the annual rush of workers checking their updated time-off balances.
Stratus.HR
JULY 7, 2021
A 2021 survey of 150 employers from various industries sheds light on what employers are currently offering for employee benefits, specifically with respect to challenges exacerbated by the COVID-19 pandemic. Benchmarking Employee Benefits: Paid Time Off (PTO). Benchmarking Employee Benefits: Compliance.
BetterUp
MARCH 21, 2022
What is unlimited PTO? 3 benefits of unlimited PTO. 3 drawbacks of unlimited PTO. 3 companies that offer unlimited PTO. 4 tips for a successful unlimited PTO policy. Jump to section. Get your out-of-office ready.
HR Digest
JANUARY 1, 2023
Creating a standard PTO request form gives employee room to not only enjoy the benefit perks but allow employees to take a break from work and come back active to give their best. What Is A PTO Request Form? This can also be beneficial for companies to assess how employees’ PTO’s affect the team productivity.
Business Management Daily
JULY 8, 2020
The COVID-19 pandemic has many an HR department scrambling to fully understand the terms of existing employee benefits programs and reshaping in order to better serve the needs of both workers and the company itself. Paid vacation and PTO. Employers also realize that an abundance of unused PTO could cause problems down the line.
CorpStrat
JULY 20, 2022
A thorough employee benefit review is critical for every company, but particularly those that are considering entering and preparing for any M&A activity. Here’s a quick hit list of issues that should be reviewed and addressed: Have you benchmarked your Employee Benefits package against companies of similar size in your industry?
PeopleKeep
MARCH 27, 2024
There are often different eligibility requirements for employee benefits like health insurance , retirement plans, and paid time off (PTO). Employers and employees need to have a clear understanding of what constitutes an eligible employee and the requirements to qualify for specific benefits.
Employee Benefit News
MARCH 7, 2024
Jennifer Mahone Rightler, founder and CEO of Elements2Inclusion, explains how mini sabbaticals can refresh and re-engage their workforce.
HR Digest
NOVEMBER 10, 2022
Employee benefits are an important aspect of every successful organization. Understanding the different types of employee benefits will also help in deciding which ones are essential for your organization. For a start, insurance benefits are common, and deciding on which one to offer depends on your company’s ability.
Professionals Alternative
MARCH 30, 2020
One of the best way to show your employees that you truly care about them and their success is through benefits and perks. Here’s five employee benefits to attract and keep those top performers: — Best Employee Benefits to Hold Onto Top Talent. But where do you even start?
15Five
FEBRUARY 9, 2023
Managers want more leadership training, and employees want them to get it. Could investing more in management training programs be the next sought-after employee benefit? Sure, good health insurance and ample PTO are no-brainers when it comes to offering a competitive benefits package. appeared first on 15Five.
Employee Benefit News
DECEMBER 29, 2023
From flexibility to expert advice, employers have a better shot of retaining talent when they offer support to employees caring for loved ones.
Abel HR
APRIL 28, 2021
The benefits vary, but employees agree they want better health insurance, work flexibility, and more leaves at work. What benefits should you consider when hiring? Plus, know what employee benefits should you have in place as required by the law. Required Benefits Employees Must Receive.
Employee Benefit News
FEBRUARY 21, 2024
Experts from the University of Phoenix and MomsRising break down how employers can help low-income moms overcome career barriers.
Vantage Circle
SEPTEMBER 23, 2023
In today's tough job market, businesses need to attract and keep the best employees to succeed. In 2023, employee benefits are important for businesses. Welcome to “Employee Benefits Guide for 2023: What Employers Need to Know.” Why Are Employee Benefits Important?
Empuls
APRIL 22, 2024
Beyond the paycheck: how employee benefit makes them happier A competitive salary is essential to attract and retain top talent. But in today's job market, employees are looking for more than just a paycheck. This highlights the importance of a strong benefit package in retaining valuable talent.
Employee Benefit News
APRIL 5, 2024
MyPerfectResume released a ranking of perks and offerings that could make employees more willing to return to the office.
Empuls
APRIL 28, 2023
According to a recent study by HBR , 80% of employees say that benefits are a significant factor in deciding whether to accept a job offer, and 60% of employees report that benefits are a major reason for staying with their current employer. What are employee benefits?
Employee Benefits
MAY 10, 2024
@melissa_miller commented: “I wish I had this direct attitude, but my millennial self would never be able to do that”, while @brilliantltybetsy said: “Me as a millennial holding my 90+ PTO [paid time off] hours that I have to use by the end of the year like it’s a game of Texas hold ’em.”
Achievers
MAY 14, 2019
During the lean periods when finances are stretched too tight, and you need a quick solution, employee benefits are often first on the chopping block. Evaluate your employee benefits. In this case, your employees may be disappointed, but chances are, this won’t be a huge hit for morale or company culture.
Griffin Benefits
AUGUST 29, 2023
The need to improve recruiting and retention has affected employee benefits and workforce absence management rather considerably these past two years, in some cases resulting in more liberal policies on hybrid work, paid time off (PTO) and observed holidays. More PTO becomes more SOP. Leverage data and analytics.
Patriot Software
AUGUST 29, 2022
Paid time off (PTO), including vacation days, sick days, and holidays, is a popular employee benefit. According to the Bureau of Labor Statistics, 77% of employees receive paid vacation days, 77% receive paid sick leave, and 79% receive paid holidays. If […] READ MORE.
Empuls
FEBRUARY 26, 2024
From well-being to flexibility, continuous learning to personalized perks, let's understand the game-changing employee benefits trends that will take lead in the near future.
Professionals Alternative
NOVEMBER 6, 2023
To create a thriving workplace where employees can flourish, organizations are embracing workplace trends that prioritize employee well-being. These trends include providing flexible work schedules, offering comprehensive employee benefits, and promoting a healthy work-life balance.
Business Management Daily
APRIL 29, 2024
Finding employee fringe benefits The field of workplace perks has become an industry of its own. Not only have countless services emerged to simplify things like wellness and retirement, but employee benefits administration software (BA) now exists to help companies simplify the process of delivering a benefits program.
HR Digest
APRIL 22, 2023
The job market is constantly evolving, and as a result, the employee benefits regulations that are expected from employers are also changing. Today, employers are under increasing pressure to stay ahead of employee benefits trends and offer a comprehensive range of workplace benefits that cater to the diverse needs of their employees.
Employee Benefit News
JULY 7, 2023
From providing education around cannabis use, to rethinking PTO policies, employers should get creative with their wellness strategies.
Griffin Benefits
JUNE 6, 2022
Designing a compliant Paid Time Off (PTO) program is a delicate balance between meeting the evolving needs of your employees and the growing legal requirements set forth at state and local levels. Case in point - mandatory paid sick leave. Laws requiring paid sick leave have grown exponentially during the past eight years.
Employee Benefit News
AUGUST 28, 2023
Five days of extra PTO allowed Cinthia Shields to help her daughter care for newborn twins after a challenging birth.
Insperity
MARCH 10, 2022
Today’s job candidates aren’t just looking for the right number of paid holidays – having “enough” days off that don’t require them to use PTO. Many employees also desire a company calendar that makes them feel seen, valued and celebrated on important days, while still granting them adequate work-life balance, of course.
Employee Benefit News
JUNE 9, 2023
From tech tools to unlimited PTO policies, here's how employers are prioritizing mental health at work.
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