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How to track and manage PTO more effectively

Business Management Daily

Providing adequate time off for employees is essential in order to prevent burnout, promote employee wellness, and boost performance. However, managing and tracking PTO can be a nightmare for companies large and small. Tracking PTO balances and accruals. Most employers provide PTO on an accrual basis.

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Employee wellness matters: Exploring the benefits of health insurance

Higginbotham

If you own or manage a business, you know how important it is to make the well-being of the company’s employees a top priority. In the 1950s and 60s, technology companies began to experiment with employee wellness benefits by creating fitness programs for their employees. In a 2020 survey of large U.S.

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2024 Employee Benefits Trends: Focus on Employee Wellbeing

Best Money Moves

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. A study from the Society for HR Management found that the quality of employee benefits was likely linked to happiness at work.

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Examples of fringe benefits by category

Business Management Daily

Most employees expect benefits. A good regular salary may have been enough years ago, back when government subsidies managed things like healthcare and retirement, but those programs have become less and less effective. Fringe benefits are how employers make up the gap. People want more.

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The importance of work life balance and how employers can improve it

Business Management Daily

Is it time to set boundaries and put well-being at the forefront? We demand employers take employee work-life balance seriously. The importance of work-life balance to employers. Where do employers fit into all of this? They want PTO to attend to their mental well-being. Digestive issues. Depression.

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Companies should prepare to handle a slew of vacation requests this summer

Business Management Daily

During the COVID-19 pandemic, many employees decided against taking paid time off. Some stockpiled PTO in order to receive a payout if they were let go by their employer. The improving economy gives workers a greater sense of job security and a decreased need to hoard PTO. How much PTO do employees have on the books?

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Employee Benefits Guide for 2023: What Employers Need To Know

Vantage Circle

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.” Employees are a company's most valuable asset.