article thumbnail

Sodexo UK and Ireland enhances parental leave and benefits

Employee Benefits

Facilities and property management, catering, and food services firm Sodexo UK and Ireland has enhanced its maternity, adoption and paternity paid leave benefits for salaried employees, to provide them with time, flexibility and financial support.

article thumbnail

5 Must-Have Benefits for Millennial Employees

Best Money Moves

Paid Time Off was a benefits priority for 45 percent of millennials. General Mills recently overhauled their paid leave policy by tripling the length of paid maternity and paternity leave, introducing paid caregiver leave, and boosting bereavement and short-term disability benefits.

401(k) 79
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to evaluate the compensation plan?

HR Digest

Paid leave – holiday, vacation, PTO, sick, personal, bereavement, military pay, jury duty, etc. Disability insurance. Life insurance. What can be included in the total compensation plan varies depending on the employer and position, but here are the most common pieces: Salary/hourly rate. Relocation expenses.

401(k) 82
article thumbnail

Employment Benefits in Sweden

Global People Strategist

The Annual Leave legislation in Sweden distinguishes between paid and unpaid leave, as well as between the terms ‘vacation year’ (starting on the 1 st of April and ending on the 31 st of March of the subsequent year) and ‘qualifying year’ (defined as the 12-month phase before the start of the country’s vacation year).

article thumbnail

How will the ‘Great Resignation’ change employees attitudes to employee benefits?

Employee Benefits

According to the Re:Me research, published in November 2021 by life insurance firm Metlife, 54% of employees are considering leaving their jobs in the next 18 months, while staffing platform Indeed Flex research, from October 2021, found 45% of HR directors are already facing hiring challenges.

article thumbnail

The importance of disability insurance

Higginbotham

Bureau of Labor Statistics, 33 percent of private industry workers have 15 to 19 days of paid vacation days after 10 years at the company. The FMLA doesn’t guarantee paid leave. Under the Family and Medical Leave Act, eligible workers have the right to take up to 12 weeks of job-protected leave due to health issues.

article thumbnail

5 Steps to Building an Employee Benefits Program That Won’t Break the Bank

Insperity

Life insurance – Providing life insurance protects employees’ families by paying a specified amount to employees’ beneficiaries in the event of death. Life insurance premiums are typically affordable for most businesses. Life insurance amount – how much you pay per month for the employee’s life insurance.

Banking 51